207-688-8195 Professional Logging Contractors of Maine

By Nick Sambides Jr., BDN Staff

EAST MILLINOCKET, Maine — The Katahdin Paper Co. LLC paper mill on Main Street will close in 60 days if a pending deal to buy it and a closed sister mill in Millinocket is not consummated, company officials say.

Katahdin Paper parent company Brookfield Asset Management of Toronto will issue the Worker Adjustment and Retraining Notice, which provides a 60-day warning of a closure, on Tuesday, said Andrew Willis, a company spokesman.

Read entire article in the Bangor Daily News

Mill has lost $57M since ’04 restart