Domtar pulp plant sold to Hong Kong investors

$64M sale would promise stability to pulp producer

BAILEYVILLE, Maine (AP) — Domtar has sold its Baileyville pulp mill to a Hong Kong-based investor group, according to U.S. Sen. Susan Collins.

Collins says she received assurances Friday from Domtar CEO John Williams that the sale will protect the jobs of the mill’s 300 workers.

Read More in the Bangor Daily News