ND Paper reopens Old Town Pulp Mill in Maine, four years after closure [From the web]
BANGOR, ME, Aug. 13, 2019 (Maine Public) -The Old Town pulp mill reopened Tuesday, four years after it shuttered.
Randy Chichoine, vice president of Maine operations for the mill’s new owner, ND Paper, says previous mill owners were private equity firms that focused on short-term profits, but ND Paper — a subsidiary of Chinese company Nine Dragons — has a long-term commitment.
“It’s a 100-year outlook. And the investments that we’re making are to benefit the community, are to benefit the employees, are ultimately, to benefit the business,” he says.