State of Maine gets 90 days to find buyers for Katahdin paper mills
Are there any renewable energy buyers out there? Recycle paper? Wood? Make fuel? Maine needs green jobs. Are there any green investors out there willing to take this on and help change the planet? How about you Seventh Generation? Do you know anyone who could invest in this and get it started? Pass this around and get it to someone who cares. THANK YOU!!! If we could only recycle instead of destroying...No more bleaching...no more dioxin..this is a chance....Please someone jump on it!
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AUGUSTA, Maine — State officials have 90 days to find a buyer for two Katahdin region paper mills before their Toronto-based owner begins decommissioning them.
Gov. Paul LePage announced Friday that Brookfield Asset Management Co. had granted the state a final extension of its decommissioning deadline to July 31, but East Millinocket officials said the mill on Main Street could not be dismantled yet in any event because the town still has a $2.17 million tax lien on it.
Brookfield made a partial payment covering almost all of the debt last week. Town officials were waiting Friday for the check to clear and said that Brookfield still owes about $18,778 on its 2010 tax bill, plus some slight and accumulating interest. Company officials had promised to pay the remainder this week.
“This gives us additional time to work on securing a qualified buyer,” LePage said in a statement Friday. “Brookfield has been generous with their extensions, and this shows the commitment the company has to finding a solution that will keep jobs in the region.”
http://new.bangordailynews.com/2011/04/29/business/dismantling-of-millinocket-ar...
More at link.
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AUGUSTA, Maine — State officials have 90 days to find a buyer for two Katahdin region paper mills before their Toronto-based owner begins decommissioning them.
Gov. Paul LePage announced Friday that Brookfield Asset Management Co. had granted the state a final extension of its decommissioning deadline to July 31, but East Millinocket officials said the mill on Main Street could not be dismantled yet in any event because the town still has a $2.17 million tax lien on it.
Brookfield made a partial payment covering almost all of the debt last week. Town officials were waiting Friday for the check to clear and said that Brookfield still owes about $18,778 on its 2010 tax bill, plus some slight and accumulating interest. Company officials had promised to pay the remainder this week.
“This gives us additional time to work on securing a qualified buyer,” LePage said in a statement Friday. “Brookfield has been generous with their extensions, and this shows the commitment the company has to finding a solution that will keep jobs in the region.”
http://new.bangordailynews.com/2011/04/29/business/dismantling-of-millinocket-ar...
More at link.
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futuregen
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http://new.bangordailynews.com/2009/04/28/business/east-millinocket-paper-mill-t...
I guess they are trying to hang on here. (Older article) They should just produce non-dioxin products.
- 2 years ago
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futuregen
