Friday, July 13, 2012

Twin Rivers Gets Madawaska Tax Break


Madawaska town selectmen voted unanimously on Monday evening, July 9, to offer a reduction in property valuation to Twin Rivers Paper Company totaling $25 million, according to Donald Chasse, chair of the town's board of selectmen.
Since August of last year, the company, which owns the paper manufacturing facilities in Madawaska and Edmundston, New Brunswick, has been trying to lower its property taxes by having its property valuation adjusted downwards.