Business Services Industry
Paper company, Virginia International Terminals sign deal.
Knight Ridder/Tribune Business News, November, 2004
By Peter Dujardin, Daily Press, Newport News, Va. Knight Ridder/Tribune Business News
Nov. 3--NEWPORT NEWS, VA. -- Lydall Distribution Services, an importer and exporter of paper products, has signed a 15-year agreement with Virginia International Terminals to more than double the size of its space at the Newport News Marine Terminal.
Lydall's terminal site will increase to 225,000 square feet, up from the 100,000 square feet it previously has leased. Financial terms of the deal were not disclosed.
Paper arrives at Lydall's Newport News terminal by ship, rail and container from places like Canada, Northern Europe and the Midwest.
The company then distributes the paper either in the U.S. by truck, or to places like Central and...
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