The Maine company expects to maintain the four Burrows mills, which employ about 200 people.
paper industry
Lawsuit charges directors got money from settlement at expense of Lincoln mill
A bankruptcy court filing says that the company started losing money after a boiler explosion, and that three board members pocketed large sums from an insurance payment rather than fix the equipment.
Verso Corp. forms new executive team
Top management now includes a graduate of Maine Maritime Academy, Adam St. John.
Maine paper mills look for a niche as they fight to stay open
A changing market is calling for labels, filters and packaging rather than just paper for magazines and catalogs.
Indian company offers to buy parent firm of Rumford mill
Kejriwal Group International offers to buy British Columbia-based Catalyst Paper, whose board says the infusion of capital could accelerate planned growth.
Chinese company to build $1 billion state-of-the-art paper mill in Arkansas
Plans call for ‘the highest efficiency, the most environmentally progressive factory in the pulp and paper industry in all of North America,’ the company says.