Monday, July 8, 2013

Maine Offers Cate Street Capital/Great Northern Paper Help

State leaders are working with Cate Street Capital to help the New Hampshire firm keep its East Millinocket paper mill operational, Gov. Paul LePage said Thursday.
"We are trying to work with them, but it is difficult," LePage said before he marched in the Bangor Fourth of July parade.
A paper mill in Nova Scotia that receives heavy Canadian government support competes with the new Great Northern Paper Co. LLC mill for its share of the newsprint market.