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Catalyst Paper Corp. wants to use two taxpayer-backed incentive programs to attract investors in its Rumford mill, where it wants to add a machine to make tissue paper. The company said it's part of a “transformation strategy” that so far has involved reducing its costs by about 15 percent.

Mill says it has major buyer lined up for tissue paper, taxpayer help would support 62 jobs

The company said the project would allow it to take advantage of a growing market for the tissue paper, and even has a “major paper merchant” lined up.
A report by economist Chuck Lawton estimated the job impacts of Catalyst's Rumford mill adding a tissue machine. The company needed to show the project would create or retain at least 200 jobs, as a direct or indirect result of the investment, in order to get as much as $40 million from investors.

How 25 jobs becomes nearly 2,000 jobs

Catalyst Paper projects a new tissue-making operation in Rumford will support thousands of jobs — a projection necessary for getting access to taxpayer money it can use to attract investors.
This image of a proposed redevelopment of the east side of Saco Island was posted online by the City of Saco.

Developers plan condos, hotel and restaurant for Maine island property

Saco Island, located in the Saco River on the south side of the city, was once a busy factory district.
Mayor Ethan Strimling speaks to reporters after giving his State of the City address in Portland on Monday night.

Portland mayor wants to require developers to include more low-income housing

Mayor Ethan Strimling wants to require developers in the city to include more low-income housing in their projects.
Residential neighbors of Gammon Landscaping, located on York Street in York Harbor, say the business is way too intensive for the area and differs from an excavating business that had operated on the site. They will argue their case before the Board of Appeals Wednesday.

Local landscaper says neighbor is a ‘bully’ who wants to shut him down

As of Monday afternoon, the stop work order was still in place, said Code Enforcement Officer Amber Harrison.
Workers leave at the end of their shift at Verso Mill in Jay.

Verso paper mill in Jay makes 120 layoffs permanent

Rock of Ages was the final Penobscot Theatre Company show of the 2015-2016 season

Report: Bangor art, cultural nonprofits generate millions in economic activity

Bangor’s nonprofit art and cultural organizations in 2015 generated $10 million in economic activity and created hundreds of full-time jobs.

Chipotle shuts Virginia restaurant on norovirus worries, shares fall

Chipotle’s stock closed down 4.3 percent, or $17.02, at $374.98 on Tuesday.

Nasdaq hits record on Netflix boost; Dow dragged by Goldman

The CBOE Volatility index ticked up to end at 9.89 on its fourth consecutive close below 10.

Wall Street ends flat; Netflix jumps after the bell

U.S. stocks closed little changed in low volume on Monday as gains in utilities and consumer stocks offset declines in healthcare.

Maine town: Lawn business doesn’t have enough lawn to be business

A Planning Board decision stated he does not have enough property to meet the town’s minimum lot size requirements.

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