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Maine-based group acquires Old Town pulp mill complex

OTM Holdings LLC is the new owner of the former Old Town pulp mill complex, with plans to redevelop the site into a wood-fiber-based complex comprised of multiple tenants.
Terms of the purchase from MFGR LLC were not disclosed in the news release announcing the acquisition on Wednesday. OTM Holdings is a joint venture by a Maine-based group of companies committed to the revitalization of Maine’s forest based industry.
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