JAY — Government officials, business owners and residents reacted with surprise, concern and resolve to Thursday’s announcement that the local paper mill is curbing production and laying off about 300 workers. The number represents about a third of the workforce, which was 860 in October 2014. Mill Manager Everett O’Neill called Town Manager Shiloh LaFreniere […]
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Posted inFranklin, Livermore Falls Advertiser
Jay board denies Verso’s appeal of denied tax abatement
JAY — The town’s Board of Assessment Review voted Tuesday to deny Verso Androscoggin LLC’s appeal of the town Board of Assessors’ April 13 denial of a tax abatement for the tax year 2014. The town received Verso’s appeal of the assessors’ April 13 decision to deny an abatement of at least $193.79 million in […]
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Posted inFranklin
Jay board considers Verso’s tax abatement appeal
JAY — The Board of Assessment Review on Tuesday will take up Verso Androscoggin LLC’s appeal of the Board of Assessors’ denial of a tax abatement for the tax year 2014. The meeting will begin at 6 p.m. July 7 at the Town Office. The review board will use submitted material and the record to […]
Posted inBusiness, sj-web
Union lawyer says Rumford layoffs show Bucksport mill shouldn’t have closed
The lawyer representing 58 former Bucksport millworkers has asked a federal judge to consider recent layoffs at the Catalyst paper mill in Rumford as evidence the U.S. Department of Justice should have required more divestments from Verso Paper Corp. in the purchase of its larger competitor, NewPage. The justice department settlement is the latest frontier […]
Posted inFranklin, Livermore Falls Advertiser
Jay board to base decision on Verso’s second tax appeal on record
JAY — The Board of Assessment Review will use submitted material and the record to make a decision on Verso Androscoggin LLC’s appeal of selectpersons’ denial of a tax abatement for the 2014 tax year. No public hearing will be held on the appeal application unless one of the parties requests it, Town Manager Shiloh […]
Posted inFranklin, Livermore Falls Advertiser
Verso appeals Jay’s denial of 2014 tax abatement request
JAY — Verso Androscoggin filed an appeal of the town’s denial of the company’s tax-abatement request of at least $193.79 million in valuation for the 2014 property tax year for its mill and associated property. The town’s assessed value of the property for the April 1, 2014, tax year was about $593.78 million. It consists […]
Posted inFranklin
Jay assessors deny second Verso tax abatement request
JAY — Jay selectpersons voted Monday to deny a tax abatement to Verso Androscoggin LLC for the April 1, 2014, tax year. The company had requested a reduction of at least $193.78 million in valuation for its mill and associated property. Verso’s abatement application states the mill and properties should be valued no higher than […]
Posted inFranklin
Jay board denies Verso tax abatement appeal
JAY — The Board of Assessment Review on Wednesday denied Verso Androscoggin’s appeal of the mill’s 2013 tax abatement. On Jan. 6, selectpersons agreed to lower the mill’s April 1, 2013, valuation of $814.4 million to $592.9 million, factoring in tax-exempt property. It resulted in an abatement of $829,258. Verso appealed the decision in late […]
Posted inFranklin
Judge finds man who held Verso employees hostage didn’t violate probation
FARMINGTON — A Franklin County justice found Friday that the state did not prove that a Norridgewock man serving time for terrorizing and holding Verso Paper Corp. employees hostage at the Jay mill in March 2012 violated his probation in prison. Francis G. Smith III, 53, formerly of Norridgewock, was accused of making a threatening […]
Posted inBusiness
Feds to probe what Maine mill owners call unfair Canadian paper subsidies
PORTLAND — Federal trade officials have launched an investigation of Canadian government subsidies to the Port Hawkesbury Paper mill, which two paper companies with mills in Maine argue unfairly undercut and damaged their business. The U.S. Department of Commerce has recommended opening an investigation of 28 instances of government help to the Canadian mill in […]