Old Town mill

After a four year hiatus, a mill in Old Town will soon be producing wood pulp again.

Courtesy Old Town Mill

The idled Old Town Mill has a new buyer.  ND Paper LLC says it's purchasing the paper mill, which has had several owners in recent years.  It's currently owned by OTM Holdings LLC.

OLD TOWN, Maine - A closed-down paper mill in Maine has been bought by a joint venture that plans to redevelop it into a wood fiber complex housing multiple tenants.
 
OTM Holdings, LLC announced Wednesday it had purchased the former Old Town pulp mill from MFGR, LLC. The Portland Press Herald reports the sale will save the complex from demolition by the liquidation company that formerly owned the mill.