The Catalyst Paper Mill in Rumford in 2017. Staff photo by Shawn Patrick Ouellette RUMFORD — Catalyst Paper announced Friday that it plans to sell the Rumford paper mill and one other mill in Wisconsin to a subsidiary of Nine Dragons Paper for $175 million. Nine Dragons, which is traded on the Hong Kong Stock Exchange and has production facilities in China, described itself in a press release as “the largest containerboard producer in China and Asia and a leading paper product manufacturer globally.” Catalyst has owned the Rumford mill for three years and employs approximately 620 people there.

Sections:  u.s.   
Topics:  Maine   Cumberland County   Portland   

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News