Millinocket Area Mills to Close if Agreement isn’t Reached 

The owner of a paper mill in East Millinocket, reportedly says it is going to close in 60 days if a pending deal to sell it and an already closed mill in Millinocket is not finalized.A spokesman for the parent company of Katahdin Paper the company is planning to issue the required Worker Adjustment and Retraining Notice, which provides 60-day notice of a closure.The East Millinocket mill employs about 450 people. The Millinocket mill has been closed since 2008.Last week, Meriturn Partners LLC, a San Francisco-based investment group, announced it had signed a letter of intent to acquire the mills if it can negotiate new labor contracts, receive property tax breaks and find other ways to make the plants more efficient.(Associated Press)