Does Manistique Papers pay Michigan Tech for the paper?
Yes, during the first year of the recycling program, we received $3,930 for thepaper we sent to Manistique Papers, an average of $48.78/ton. The price fluctuates with market demand and with the quality of paper we send them. The price paid has ranged from about $34/ton to $86/ton. During the first year, we were paid at the “mixed residential” rate. This rate reflects a significant component of lesser quality papers, such as newspapers and magazines. By May 2003, Manistique Papers determined that the quality of our paper merited the higher “mixed office” rate because of the large amount of highly desirable white office paper in our mix. As long as the quality remains high and contamination low, we will be paid the higher rate. For more information on program revenue, click here.