Posted inBusiness, sj-web

Lincoln paper mill says layoffs of 200 workers is not permanent

LINCOLN — About 200 workers will be furloughed from Lincoln Paper and Tissue LLC in response to a recovery boiler explosion last month that hampered the company’s ability to make pulp, company co-owner Keith Van Scotter said Wednesday. The layoffs affect about half the company’s workforce. The laid-off workers attend to the company’s two paper […]

Posted inRiver Valley

Rumford town manager ‘disappointed’ with mill’s machine shutdown after tax reduction

RUMFORD — Town Manager Carlo Puiia said Tuesday that he is disappointed that NewPage Corp. will shut down its No. 12 paper machine indefinitely by mid-February. Ron Hemingway, president of the Local 900 United Steelworkers, told the Sun Journal that “around 120 people” may be affected by that shutdown. “Well, the mill’s been very forward […]

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Posted inBusiness, sj-web

Feds, state offered tax breaks and loan guarantee to reopen East Millinocket paper mill

Cate Street Capital had never before run a paper mill, and arguably the company’s biggest reason for coming to Maine is to try a commercial untested technology without contractually guaranteed customers or suppliers. But the New Hampshire investment group, its subsidiaries and its investors have received at least $142 million in tax breaks and a […]