G-P: Old Town mill to shut downArticle from Bangor Daily News, Thursday, March 16, 2006By Bangornews.com StaffGeorgia-Pacific Corp. is shutting down its Old Town pulp mill, the company announced Thursday. But Gov. John Baldacci, who was on hand for the Old Town announcement, said his administration and G-P would make a joint effort to sell the mill, which employs some 400 workers.The company said it will cease pulp and tissue manufacturing and associated tissue shipping operations at the mill immediately. G-P will keep the mill in working order for 60 days while a buyer is sought.Also affected: four woodchip mills that supply raw material to Old Town. They are in Costigan, Milo, Portage and Houlton. Combined, they employ about 30 people. G-P said those operations would cease Thursday.G-P, owned by Koch Industries Inc, said the Old Town decision is the first pulp mill it has closed since G-P was acquired by Koch in December.Ted Sapoznik, a G-P vice president, said in a statement that the Atlanta-based company is working with the state to find a new buyer. "While the Old Town mill may not fit into the future plans for [G-P], we have been working to make a transition. We are anticipating finding a buyer who is ready to work with us and expand this business in Old Town." "Content above originated in the edition noted as a copyrighted article and is posted here with permission of the Bangor Daily News."NOTE - This article reflects the views of the author and not necessarily those of the TRC Alliance Team.