Not the end of Rumford
To the Editor:
With all due respect to Arthur Boivin, his letter last week had a few holes in it.
The sale of the Rumford mill's co-gen plant is still a possibility; a transaction of that magnitude has a lot of specifics and details that have to be worked out.
It is run by wood, tire chips, and coal and is not affected by any wind ordinace vote.
Yes, NewPage (not just the Rumford mill but several) planned on using the sale to pay down debt, but it would not of solved all of their financial woes, only bought time. Chapter 11 involves a restructuring of debt and is often a valuable tool in the financial world.
It's not the end of the world and it's certainly not the end of Rumford or its world class paper mill.