New hope for Maine's paper industry
Posted by scapozzola on 08/30/2011
Two Maine paper mills have sat idle for months. Now however, Cate Street Capital has signed an agreement to purchase mills in Millinocket and East Millinocket.
Maine Governor Paul LePage commented: "This is a significant milestone in our efforts to not only restore papermaking in the Katahdin region, but to create job opportunities for Mainers. I want to commend the hard work and commitment of Brookfield and Cate Street. We look forward to continuing to work toward a closing.”
The U.S. paper industry has faced tough competition from China. An Economic Policy Institute (EPI) report found that from 2002–2009, China’s rapid rise in the global paper industry was fueled by more than $33 billion in illegal subsidies.
This post has 1 comment •
Add a comment
1 comment
Related recent Blogs
- President Obama visits Baltimore factory to promote infrastructure investment as a means of revitalizing the middle class • by LDonia • 05/17/2013
- It's Fashion Friday, but NoCargo carries more than just American-made clothing! • by LDonia • 05/17/2013
- May 17, 2013 Headlines: Strengthening our national security, focusing on jobs, and more. • by LRaup • 05/17/2013
- Five reasons you should be concerned about the U.S. military's reliance on foreign manufacturers. • by LDonia • 05/16/2013
- Looking for a manufacturing job? Consider heading to one of these ten metro areas! • by mmcmullan • 05/16/2013
- National Retail Federation dismisses global safety plan for garment factories while Cambodian shoe factory collapses. • by LDonia • 05/16/2013
- OPINION: Aren't we better off buying safe, Made-in-USA products? • by scapozzola • 05/16/2013
- May 16, 2013 Headlines: factory collapses in Cambodia, U.S. retail industry dismisses plan for safer working conditions, & more • by LDonia • 05/16/2013
- U.S. Senate Passes Water Resources Development Act (WRDA) with Buy America Amendment Included. • by scapozzola • 05/15/2013
- And the crystal ball says that U.S. manufacturing is going up/down/sideways... • by scapozzola • 05/15/2013
Woven Sack Machines
Features of this machine ideally suitable for fertilizer bag &laminated bag, high production speed of 55 mtr. /min., user friendly operation, heavy duty vibration free structure, microprocessor based system with digital display, variation in cut length less than1%, and less man power required.
Woven Sack Machines