Northern Maine Paper Company Expands to New York and Mississippi

Twin Rivers Paper Company Limited of Madawaska announced Friday that it will acquire the paper manufacturing assets of the Burrows Paper Corporation, headquartered in New York.

The transaction is expected to close during the 4th quarter of 2016. It will expand Twin Rivers’ geographic footprint and product offerings while strengthening its ability to serve a wide array of customers in the lightweight publishing, packaging, label and other technical specialty sectors. Four specialty paper machines, located at Burrows’ facilities in New York and Mississippi, will be added to Twin Rivers as a result of the acquisition.

Burrows Paper Corporation is a family-owned company that operates four paper mills and six packaging converting facilities in the U.S. and abroad.

Twin Rivers, with major facilities in Madawaska and Edmundston and other processing facilities throughout the state and province, is one of the largest employers in northern New Brunswick and northern Maine with over 1,100 jobs, a tax revenue exceeding $23 million per year and an area economic impact of over $1 billion per year.

Governor Paul R. LePage issued the following statement regarding the announcement from Twin Rivers:

“The paper industry is not dead. I commend Twin Rivers for its efforts to rebrand the pulp and paper industry. While the need for newsprint and other commodity papers continues to decline, we are beginning to see investments in other products, which our mills can support and remain competitive within the industry."