- Associated Press - Wednesday, May 21, 2014

MILLINOCKET, Maine (AP) - The sale of a paper machine and other equipment from the Great Northern Paper mill in Millinocket likely signals the end of paper-making at the site.

WABI-TV (https://bit.ly/RaHtQJ ) reported Wednesday that the No. 11 paper machine is among equipment that is going on the auction block next month.

The auction is set for June 19.

Cate Street Capital bought it, along with the East Millinocket facility, more than two years ago. It says it can’t find a partner to restart the mill, which is the older of the two.

Cate Street says the company still plans to move forward with a $140 million wood pellet plant at the Millinocket site called Thermogen Industries.

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Information from: WABI-AM, https://www.wabiam910.com


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