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PublishedSeptember 24, 2017
Despite setbacks and questions, a company pursues new multimillion-dollar markets for Maine wood
Maine Woods Biomass Exports is shipping hemlock to China, hoping an undervalued species can create opportunities for Maine's hard-pressed forest products industry.
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PublishedMarch 1, 2017
Potential buyer gets court order limiting demolition at East Millinocket mill site
The company plans to buy the property for a biofuel refinery, but says the owner is ignoring their deal and doing demolition that endangers some of the buildings the company wants to use.
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PublishedNovember 14, 2016
Verso restructures, puts Jay mill in specialty paper division
The paper company said it expects to save 10 percent in overhead costs from consolidating corporate offices and realigning into two paper divisions.
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PublishedNovember 11, 2016
Twin Rivers in Madawaska to acquire paper division of New York company
The Maine company expects to maintain the four Burrows mills, which employ about 200 people.
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PublishedSeptember 15, 2016
Lawsuit charges directors got money from settlement at expense of Lincoln mill
A bankruptcy court filing says that the company started losing money after a boiler explosion, and that three board members pocketed large sums from an insurance payment rather than fix the equipment.
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PublishedAugust 10, 2016
Verso Corp. forms new executive team
Top management now includes a graduate of Maine Maritime Academy, Adam St. John.
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PublishedJuly 4, 2016
Maine paper mills look for a niche as they fight to stay open
A changing market is calling for labels, filters and packaging rather than just paper for magazines and catalogs.
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PublishedMay 27, 2016
Indian company offers to buy parent firm of Rumford mill
Kejriwal Group International offers to buy British Columbia-based Catalyst Paper, whose board says the infusion of capital could accelerate planned growth.
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PublishedApril 26, 2016
Chinese company to build $1 billion state-of-the-art paper mill in Arkansas
Plans call for 'the highest efficiency, the most environmentally progressive factory in the pulp and paper industry in all of North America,' the company says.
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