Great Northern Paper Company Could Be Running as Soon as Tuesday

Updated 3 years ago

Workers are expected to start returning to the Katahdin region paper mills, maybe as soon as Tuesday, now that they have a new owner.New Hampshire-based Cate Street Capital signed paperwork Friday night to take over and rename the facility the Great Northern Paper Company.They say that they expect to hire up to 250 people at first, with work starting for some Tuesday.Cate Street is waiting for the transfer of environmental permits from the previous owner. We’re told that won’t happen for at least another nine days. A final closing is expected before the end of this month.


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