Title

Bowater Inc. says the heavy financial losses the company sustained in the early

Authors

Source

Maine Times

Date

8-4-1995

Pages

11

Abstract

Bowater Inc. says the heavy financial losses the company sustained in the early 1990s has postponed a plan to build a $550 million paper machine in Millinocket by 1997. The machine was crucial to the mill's modernization and was a focus of the relicensing of Bowater's Penobscot River dams. Demand for the company's main product, newsprint, is strong and prices are up, but Bowater has no major investment projects on schedule for its two Maine mills. Details.

Subjects

Bowater Inc, Paper mills

Recommended Citation

"Bowater Inc. says the heavy financial losses the company sustained in the early" (1995). Maine News Index – Maine Times. 1205.
https://digitalcommons.portlandlibrary.com/news_times/1205