August 8, 2012 | ||||||||
Why balance rolls? | ||||||||
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Great Northern Paper hiring additional employees to meet increase in sales and customer demand Less than a year from
reopening, northern Maine mill will start second papermaking machine
East Millinocket, ME - Just ten months after purchasing the
closed mill in East Millinocket and putting hundreds of people back
to work, Great Northern Paper LLC will hire an additional 37 workers
with the restart of Paper Machine #5. The hiring represents a 16% surge
to its current workforce of 235, at a time when Maine's Katahdin region
continues to push for new jobs and economic growth. GNP plans to hire
the new employees and put PM #5 into production by the first week in
September.
GNP is seeking employees for: Salaried Management-level, Wood Room,
Grinder Room, Paper Machines, Warehouse, and Maintenance.
"After launching an aggressive sales and marketing campaign, we have
a 35-40 day backlog of orders and are sold out through the end of 2012,"
said GNP President and CEO Richard M. Cyr. "It's fantastic to see an
increase in sales at the mill, but even better to know we are putting
37 people to work in a community that desperately needs job growth."
Some of GNP's product line includes newsprint, directory paper, and
Baxter Brite used for inserts, flyers, books and financial publications.
The mill was recently in the news for producing more than 3,000 tons
of paper for the popular Fifty Shades trilogy of books on its
Baxter Brite grade. GNP's responsiveness, service, and the paper's consistent
performance made Baxter Brite a reliable choice for Fifty Shades
paper merchant Midland Paper and the books' publisher, Vintage, an imprint
of Random House, Inc.
"Being a part of the Fifty Shades phenomenon has been exciting
for us. It's great to know millions of people are reading books on our
paper," said Cyr. "Our recent successes have proven we are here to stay
in a community that has embraced us since we first purchased the mill
late last summer. By adding jobs and other businesses to the region,
we are focused on growth."
Cate Street Capital, who owns GNP, plans to open the torrefied wood
production facility Thermogen Industries LLC in 2013 at the site of
its former mill in Millinocket, ME. The plant will hire 25 full-time
employees and produce 110,000 tons of torrefied wood per year for overseas,
coal-fired, power plants who will reduce dangerous emissions by adding
torrefied wood to their fuel mix.
Cate Street Capital, through its subsidiary Great Northern Paper Company,
LLC, purchased the two shuttered paper mills in East Millinocket and
Millinocket, Maine in August, 2011. GNP closed the sale and restarted
East Millinocket's facility in less than two months, putting 225 employees
back to work and re-launching the historic and revered Great Northern
Paper brand.
For the Katahdin region, with an unemployment rate of nearly 22% since
the East Millinocket mill shut down in April 2011, the news was greeted
with celebration and relief. Cate Street worked rapidly and diligently
in collaboration with Maine Governor Paul LePage, the Maine Attorney
General's office, the Maine Department of Environmental Protection,
the Towns of East Millinocket and Millinocket, the labor unions, wood
suppliers, and international customers to fit together all the needed
pieces to successfully purchase and restart the Mills.
Cate Street Capital, with locations in New Hampshire, Maine, and Colorado
focuses on finding and supporting green technologies and environmentally
sustainable projects for a better world.
For additional information about Cate Street Capital or Great Northern
Paper Company, contact Scott Tranchemontagne at: Scott@Montagnecom.com,
or visit www.CateCapital.com.
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