The governor says her plan is focused on immediate economic recovery from the pandemic, long-term economic growth and infrastructure revitalization.
paper industry
ND Paper launches recycled pulping operation in Old Town
The company says it will produce 200 metric tons of unbleached pulp daily and support 20 new jobs.
Coronavirus and papermaking woes bring tough times to Maine’s logging industry
‘This is probably the lowest point that I’ve ever seen,’ says one logging industry veteran and association president.
Paper mills in Westbrook and Jay announce layoffs totaling 134 workers
Sappi North America will cut 30 percent of its workforce and shut down a paper machine in Westbrook, and Pixelle Specialty Solutions is stopping its pulp operation and laying off dozens at its mill in Jay.
Private equity firm involved in failed Maine mill project files for bankruptcy
Cate Street Capital was behind the effort to reopen the East Millinocket paper mill with help from a state tax credit program.
Two workers at Sappi’s Westbrook mill test positive for COVID-19
Both employees appear to have been infected through exposure outside the mill, the company said.
Verso Corp. completes sale of Androscoggin Mill in Jay
The buyer, Pennsylvania-based Pixelle Specialty Solutions, also purchased a Verso-owned mill in Wisconsin.
Verso shareholders approve sale of Jay mill
The paper company offloaded two paper mills, one in Maine and another in Wisconsin, to a privately held specialty paper company.
Verso, investors reach agreement on sale of Jay mill
The paper company and a shareholder group have agreed to move ahead with a $400 million deal to sell the company’s mills in Maine and Wisconsin.
Verso urges shareholders to approve sale of 2 mills, including 1 in Maine
The company has been in a dispute with 2 dissident shareholders, private equity firms Atlas Holdings and Blue Wolf Capital Partners, which oppose the sale of the mills and back their own slate of directors for Verso’s board.