"Cover Story" piece on the Stowell family of Carthage, owners of United Timber a
"Cover Story" piece on the Stowell family of Carthage, owners of United Timber and, in 1998, 91,000 acres of Maine timberland. The land that family patriarch Newton Stanley Stowell started buying in 1887 eventually came to include 314 parcels in 55 municipalities and unorganized townships in five Maine counties: Somerset, Franklin, Oxford, Kennebec and Androscoggin. But in Dec. 1998, following an unsuccessful, multi-million dollar modernization of the family's mill in Dixfield, then United Timber President Rand S. Stowell voluntarily filed for reorganization under Chapter 11. Last year, McDonald Investment of Birmingham, Ala., bought the Stowell lands, and Canada's Irving Forest Products bought the Stowell mill in Dixfield. McDonald has since put the Stowell lands up for sale by word of mouth and some of the tracts have already been sold for development. With a related article about who is buying the land parcels, and what they're paying for them.
Forests and forestry, Stowell family
Austin, Phyllis, ""Cover Story" piece on the Stowell family of Carthage, owners of United Timber a" (2000). Maine News Index – Maine Times. 4038.
Full text is not available here. Please contact the Library for a copy of the article.