Groundbreaking Ceremony Marks Construction of New Tissue Mill in Maine

Oct. 13, 2014 (BAILEYVILLE, Maine) - Gov. Paul LePage basked in the glow of a bright spot in Maine's struggling pulp and paper industry Friday [Oct. 10], participating in a ceremony marking construction at Woodland Pulp for a new tissue manufacturing plant.

Woodland Pulp held a groundbreaking ceremony at its plant to showcase construction of the St. Croix Tissue mill, which was announced earlier this year. The affiliated business unit, which represents a $120 million investment, will operate two tissue machines, employing an additional 80 people.

"This is a pleasant day," said LePage, addressing a gathering of about 50 local, state and company officials in a parking lot outside the pulp mill under sunny skies. He called it "an enormously great day for Washington County," one of Maine's poorest counties.

A.K. Agarwal, CEO of International Grand Investment Corp., the parent company of Woodland Pulp, said later that the company is looking into the feasibility of purchasing other mills in Maine. "We may be looking into it," he said. However, Agarwal emphasized the exploratory nature of the discussions and said that IGIC has made no commitments. He characterized the talks as "preliminary discussions."

Go to the full story at the Bangor Daily News website: LePage marks construction of new tissue mill in Baileyville.

SOURCE: Bangor Daily News