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Forest products

Cascades' Auburn pulp mill closing, laying off 45

Staff |

Cascades Inc., the Quebec-based paper manufacturer of packaging and tissue products made primarily from recycled paper, will be closing a de-inked pulp mill in Auburn on July 15, laying off 45...

Paper machine shutdown leads to expected layoffs

Staff |

Forty-nine workers at a Twin Rivers Paper Co. paper mill in Madawaska are expected to be laid off following the shutting down of a paper machine in July as part of a $12 million investment that will...

King supports incentives for alternative forest product R&D

Kevin Steeves |

U.S. Sen. Angus King on Wednesday put his support behind the Timber Innovation Act, bipartisan legislation that supports the acceleration of research and development of wood use in the construction...

Mumbai-based papermaker eyes possible Catalyst Paper acquisition

Staff |

A group of investors that hold a majority stake in Catalyst Paper Corp., the Canadian-based owner of the Rumford Catalyst Paper Holdings mill, have agreed to a possible acquisition of the company by...

Production ceases at Madison mill after nearly four decades

Saturday marked the official end of production at the Madison Paper Industries mill, leaving nearly 214 employees without work, while a small number of maintenance workers will be retained at the...

Jay paper mill owner reports $110M operating loss

Staff |

In its first quarter earnings report released on Monday, Verso Corp., the Memphis, Tenn.-based owner of the Jay paper mill, posted an $88 million net loss and a $110 million operating loss, close to...

USDA grants focus on biomass, forest product outreach

Staff |

The Maine Forest Service is getting a $380,170 boost from a pair of grants from the U.S. Department of Agriculture, that will be used to establish a support technical, outreach and financial...

Hancock Lumber unveils Kennebunk store

Staff |

After eight months of site work, building demolition and construction, the Casco-based Hancock Lumber has officially opened the doors on a new 30,000-square-foot facility in Kennebunk.

Restart efforts for Lincoln mill come to a close

John McMahon, the former sales director of Lincoln Paper and Tissue and representative of a group of former mill workers with hopes of restarting production the Lincoln mill, said that the...

Town of Jay, Verso Paper reach tax settlement

Verso Paper Corp., the Memphis, Tenn.-based owner of the Jay paper mill, will receive at least $4 million in future tax credits and have a cap set on its gross tax bills through 2020 after the town...