Sep 21, 2011 | Business Impact, Business News, Governor LePage, Industry Events, Industry News, LePage Administration
By Nick Sambides Jr., BDN Staff EAST MILLINOCKET, Maine — The new owners of the local paper mill toured the facility Wednesday for the first time since buying it last week and announced plans to have it fully operational by Oct. 10, with 215 workers starting to fill a...
Sep 19, 2011 | Business Impact, Business News, Economics, Governor LePage, Industry Events, Industry News, LePage Administration
By Nick Sambides Jr., BDN Staff EAST MILLINOCKET, Maine — Two days of intensive work culminated late Friday with a New Hampshire investor’s purchase of two paper mills that will employ as many as 250 workers by mid-October and ignite a rebirth of a Katahdin region...
Aug 30, 2011 | Business Impact, Business News, Governor LePage, Industry News, LePage Administration
By Nick Sambides Jr., BDN Staff AUGUSTA, Maine — A New Hampshire-based investor ended months of speculation Tuesday by agreeing to buy the two Katahdin region paper mills, Gov. Paul LePage’s office said. Cate Street Capital, which describes itself as a national leader...
Aug 22, 2011 | Business Impact, Business News, Environmental, News
By Kevin Miller, BDN Staff ELLSWORTH, Maine — A new report commissioned by the state suggests that Maine can significantly increase logging of softwood trees over the next 20 years, providing a boost to the wood products industry while still maintaining a healthy,...
Jul 27, 2011 | Business Impact, Business News, Governor LePage, Industry News
By Nick Sambides Jr., BDN Staff EAST MILLINOCKET, Maine — The Toronto-based corporation that owns the two Katahdin region paper mills is giving Gov. Paul LePage more time to close a deal with a potential buyer of the mills, he said Tuesday. “We are cautiously...
Jul 15, 2011 | Business News, Environmental, Federal Legislation, Federal Regulations
Forest owners say it will conserve jobs and the environment WASHINGTON (July 14, 2011) – The National Alliance of Forest Owners (NAFO) voiced support for legislation introduced in the U.S. Congress to affirm the U.S. Environmental Protection Agency’s (EPA) regulation...