Title

SKI Ltd. of Vermont, owner of the Killington, Haystack and Mount Snow ski resort

Authors

Source

Portland Press Herald

Date

6-12-1994

Pages

1F, 7F

Abstract

SKI Ltd. of Vermont, owner of the Killington, Haystack and Mount Snow ski resorts in Vermont, this week agreed to purchase 51 percent of Sugarloaf/USA in Carrabassett Valley for an undisclosed price. The deal will put Maine's ski industry, worth $135 million annually, in the national spotlight, and give resorts around the state the opportunity to attract new customers. The immediate impact of the purchase will be the implementation of a $4.5 million plan to build a new chairlift, increase snowmaking capacity and expand Sugarloaf's trail network. Details.

Subjects

Sugarloaf Mountain Corporation

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