Oct 20, 2011 | Business News, Call to Action, LePage Administration, News
By Kevin Miller, BDN Staff HOLDEN, Maine — Maine’s conservation commissioner said Wednesday that he believes state government and the diverse groups invested in the future of Maine’s vast natural resources can do a better job balancing preservation and economic...
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...
Jun 27, 2011 | Business Impact, Business News, Industry News, LePage Administration, Maine House, News, PLC Members in the News
MILLINOCKET, Maine — A lack of wood is one of several logjams preventing a Chinese investor from buying both Katahdin region paper mills for $1, one of the area’s state representatives says, though industry insiders say the wood’s affordability might be the real...
Jun 15, 2011 | Business Impact, Business News, Economics, Industry News, LePage Administration, Markets, News
AUGUSTA, Maine — Investors who recently bought a Baileyville mill were negotiating Tuesday to purchase two Katahdin region paper mills even as lawmakers and LePage administration officials scrambled to win support for a bill deemed critical to the potential sale. Dan...