Home News Industry News Rumford paper producer eyes taxpayer-backed loan for tissue machine

Rumford paper producer eyes taxpayer-backed loan for tissue machine

Canadian papermaker Catalyst Paper wants Maine taxpayers to back a loan of up to $25 million to help it purchase a machine to make tissue paper at its mill in Rumford.

The company has applied to the Finance Authority of Maine for a $25 million loan under the agency's Major Business Expansion program, according to minutes from the authority's April meeting.

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Source: BDN Maine

 
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