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Thursday, May 23, 2013
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Newton Falls paper mill is back on the market

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A deal to restart the Newton Falls Fine Paper mill is dead and the plant is on the market.

“They’re going to try to find a buyer or liquidate it,” said Fine Supervisor Mark C. Hall, a member of the St. Lawrence County Industrial Development Agency. “There are people out there who still think they’re going to find a buyer. I’ve got my fingers crossed that they find a buyer and the mill will operate again. Time will tell.”

Mill President Scott C. Travers declined comment.

Late last year, Mr. Travers had been confident a restart plan was well underway with a partner lined up, new product lines identified and a revamped plant. The mill shut down in mid-December 2010because of poor sales brought on by a recession and market changes.

The mill had more than 100 employees when it closed. About five employees remain.

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