Owners prepare to permanently disassemble Katahdin region paper mills

By Nick Sambides Jr., BDN Staff

Anybody interested in revitalizing the Katahdin region’s two paper mills had better move fast, the mills’ manager said Wednesday.

East Millinocket Selectman Mark Scally says Gov. Paul LePage pledged to press the mills’ owner, Brookfield Asset Management, to keep the mills intact until a buyer is found, but manager Mike Reider expects to begin seeking proposals from scrap dealers or other mills in two weeks.

“I wouldn’t expect there to be any disassembly before June,” Reider said Wednesday. “I don’t know if that necessarily means there will be any [disassembly] in June, but that would be the earliest I would expect it. I think the process would take that long.”

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