The U.S. subsidiary of Hong Kong-based Nine Dragons Paper Holdings says it hopes to restart the mill early in 2019, creating 100 jobs in the Penobscot County community.
paper industry
Posted inBusiness, Maine
Owner announces $111 million investment, and more jobs, at Rumford paper mill
ND Paper’s investment will sustain 650 employees and add 50 more jobs.
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Posted inBusiness, Maine, News
Grant promises to spark new life at former Great Northern mill site in Millinocket
The $5.3 million in federal funding will pay to build out business park infrastructure as part of courting successors to the departed Great Northern Paper.
Posted inBusiness, Maine
Key report offers a path ahead for Maine’s forest industry
The analysis, initiated after a wave of paper mill closings, offers numerous ways to boost the impact of wood resources on Maine’s economy.
Posted inBusiness, Maine, News
Verso plans upgrade to reposition Jay mill to make specialty paper
The company says the investment at the Androscoggin Mill will help it supply the growing market for the paper often used to produce labels and packaging.
Posted inBusiness, Maine, Nation & World, Politics
Sens. Collins and King, Rep. Poliquin testify against tariffs on Canadian newsprint
They cite damage to various domestic industries, including newspapers, and urge the International Trade Commission to advise the U.S. to rescind the tariffs.
Posted inBusiness, Maine
Sale of Rumford paper mill to Chinese company is completed
The property, which employs about 620 people, will be called the ND Paper–Rumford Mill.
Posted inBusiness, Maine
Gov. LePage applauds news that Rumford paper mill is set to be sold to Chinese company
Catalyst Paper says it’s selling the Maine mill and another in Wisconsin to a subsidiary of Nine Dragons Paper.
Posted inBusiness, Maine, News
Two years after Madison paper mill closed, town faces uncertain future
‘Life goes on, but it hasn’t been easy for some of us,’ says a former millworker.
Posted inBusiness, Maine, News, Politics
Maine’s senators submit bill to delay tariff on newsprint
Sens. Susan Collins and Angus King want to delay a proposed import tax on Canadian newsprint so the Commerce Department can study the effects on U.S. newsprint manufacturers and the newspaper industry.