MILLINOCKET –The former Great Northern Paper Company’s assets have been purchased.
And, townspeople are embracing the news as another step forward for the former mill town.
For 117 years, a paper mill operated in this town. In 2014, operations were stopped. Now, the property, some buildings and liabilities have been purchased by a local non-profit development for one dollar.
Thursday night, a member of the Our Katahdin development group met with the town council.
“We had some big news for the town council. We have acquired the three companies that owned the Millinocket mill site and other properties around town,” said Sean Dewitt, a member of the Our Katahdin board of directors.
The purchase was welcome news for municipal officials.
“We we’ve got to be innovative. We know we’re not going to be making paper there. There’s still to do in the forest products industry. And, we’ve been entertaining some people. And, I think we’re going to get some hits,” said John Davis, Millinocket Town Manager.
Word of the purchase quickly spread through town.
“I was shocked, totally shocked. And, I was absolutely delighted,” said Gail Fanjoy, president of the Katahdin Area Chamber of Commerce.
Now, members of Our Katahdin hope the purchase of the properties serves as an oxygen tank providing fresh air, breathing new life into the economic development of the Milllinocket region.