December 24, 2012

Paper company NewPage emerges from bankruptcy

RUMFORD — NewPage Corp., the parent company of a large paper mill in western Maine, has emerged from bankruptcy protection.

NewPage has announced that it has completed its financial restructuring after receiving financial backing and a revolving credit line of credit 15 months after filing for bankruptcy.

NewPage employs about 900 employees at its mill in Rumford.

Headquartered in Ohio, NewPage has other mills in Kentucky, Maryland, Michigan, Minnesota, Wisconsin and Nova Scotia.

 

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