Strategic Acquisition of Greif Containerboard Paper Mill by GEI and Snow West Group

Strategic Acquisition and Future Plans for Greif Containerboard Paper Mill

In a significant development in the industrial sector, Global Equipment International, LLC (GEI) alongside Snow West Group Realty, LLC, has announced the acquisition of the historic Greif Containerboard Paper Mill located in Fitchburg, Massachusetts. This substantial facility, covering 650,000 square feet and set on an expansive 200 acres, has long been part of the region's manufacturing legacy.

The Vision for the Site

The acquisition marks a transformative moment for both the mill and the broader Fitchburg community. GEI, a renowned leader in supplying used machinery and complete plants for various process industries, is preparing to host a three-day auction featuring the mill's machinery and assets on December 9th, 10th, and 11th, 2025. Following the auction, GEI intends to explore a variety of redevelopment and leasing options for this prime property.

Jordan Feldman, Vice President at GEI, expressed enthusiasm about the prospects for the site, stating, "We are proud to invest in Fitchburg and to contribute to the next chapter of this property’s life. The location is strategic due to its accessibility to rail infrastructure and major highways, making it well-suited for modern industrial use or mixed-use redevelopment. We aim to collaborate closely with the city and local stakeholders to establish a sustainable and forward-thinking vision for the site."

Opportunities Ahead

Post-auction, GEI is excited about the potential applications for the property, which could include industrial reuse, warehousing operations, logistics, and light manufacturing. Furthermore, GEI envisions options for mixed commercial development, reflecting Fitchburg's ongoing revitalization initiatives while contributing to the broader economic growth of North Central Massachusetts.

The plans come at a time when the area is progressing towards a more diversified economic base, and GEI is actively engaging with various economic development organizations, municipal leaders, and private investors. This collaborative approach aims to identify long-term strategies that can attract new businesses, generate job opportunities, and preserve the site’s industrial heritage while promoting sustainable growth.

About Global Equipment International

For those unfamiliar, Global Equipment International, LLC is a significant player in the industrial sector, offering solutions that maximize value and extend the life of industrial resources. As a recognized expert in asset recovery and plant liquidations, GEI has built a reputation for effectively managing complex industrial transitions, making it a trusted partner for both asset recovery and redevelopment ventures globally.

If you're interested in learning more about the upcoming auction or redevelopment opportunities, please reach out to Jordan Feldman at email protected] or visit [GEI's website.

Conclusion

The acquisition of the Greif Containerboard Paper Mill by GEI and Snow West Group Realty represents both a new chapter for this historic site and exciting opportunities for the local community. With plans set in motion for redevelopment and community engagement, Fitchburg stands on the brink of a significant industrial renaissance, poised to embrace a future that honors its rich manufacturing past while welcoming growth and innovation.