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UPM’s Miramichi Paper Mill Sold, Will Produce Solar Panels

Helsinki, Finland -UPM has sold its former paper mill and related assets in Miramichi, New Brunswick, to Umoe Solar AS of Norway. The sale includes the paper mill, a groundwood pulp mill, woodlands op…

Helsinki, Finland -UPM has sold its former paper mill and related assets in Miramichi, New Brunswick, to Umoe Solar AS of Norway. The sale includes the paper mill, a groundwood pulp mill, woodlands operations, and two sawmills located nearby in Bathurst, N. B., and Blackville, N. B. The sale price was not disclosed.

The Miramichi paper mill, with an annual production capacity of 450,000 tonnes of light-weight coated magazine paper, was permanently closed in December 2007. The disabled paper machines can no longer be used for paper production.

Umoe Solar has revealed plans to build a solar panel facility at the site, and will continue to run the Bathurst sawmill.