December 23, 2012

Mill owner emerges from bankruptcy

The Associated Press

RUMFORD — The parent company of a large paper mill in western Maine has emerged from bankruptcy protection.

NewPage Corp. announced that it has completed its financial restructuring after receiving financial backing and a revolving credit line of credit 15 months after filing for bankruptcy.

NewPage employs about 900 employees at its mill Rumford.

Headquartered in Ohio, NewPage has other mills in Kentucky, Maryland, Michigan, Minnesota, Wisconsin and Nova Scotia.

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