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East Millinocket officials said they’ve laid off four municipal employees to help offset the impact of $657,900 in overdue tax bills from Great Northern Paper Co.
The Bangor Daily News reported spokesman Scott Tranchemontagne said the company is doing all it can to restructure its operations to restart its East Millinocket mill in May and pay its overdue taxes. The company also owes the town of Millinocket $2.3 million in property tax on its Katahdin Avenue industrial park. Tranchemontagne told the newspaper that passage of a bill to let the company profit from selling hydropower it buys at a discount from Brookfield Asset Management would help it to restart and pay its taxes, but he declined to say whether the mill’s reopening is contingent upon the hydropower deal.
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Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Coming June 2025
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