OLD TOWN (AP) — A bankruptcy court judge has scheduled a hearing to consider the sale of a shuttered paper mill in Old Town, Maine, to a Wisconsin company that wants to reopen it.
A bankruptcy judge will hear objections Friday before deciding to approve the sale of Old Town Fuel & Fiber mill for $10.5 million to Expera Specialty Solutions of Kaukauna, Wisconsin.
Expera says it hopes to reopen the mill and put employees back to work.
The mill furloughed about 200 workers when it suspended operations in August. Owners cited high operating costs and foreign competition.