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SENATOR COLLINS APPLAUDS DEVELOPMENT AGREEMENT OF OLD TOWN MILL SITE

BANGOR, ME-   Senator Susan Collins, who worked with other Members of the Maine Congressional delegation, Governor Baldacci, and Old Town Mill officials, has released this statement regarding the announcement today that Red Shield Energy has agreed to purchase the mill, thus allowing the Mill to resume operations and employ an initial 250 workers.       “The agreement that has been reached for Red Shield to develop the Old Town Mill site is great news for the community and the entire state of Maine. It is also a great example of how the hard work, determination, and coordinated efforts between federal, state, and local officials have resulted in a successful outcome that will lead to important economic development and good jobs for many Mainers.  I share the optimism of many that this purchase and operational agreement will eventually lead to even more good jobs at the Old Town Mill site.        “It is with great pleasure that I welcome Red Shield and Tamarack Energy to the great State of Maine. And I am delighted that Hallowell International and Lamtec have decided to expand their operations in Old Town.  This says a great deal about the hard working Mainers that the Old Town Mill site will employ.”