New Mill Capital is selling assets from a paper mill sale formerly operated by Pixelle Speciality Solutions in a 4-day online auction. Pixelle Speciality Solutions manufactures speciality papers. Their products include book papers, carbonless papers, converting papers, food packaging papers, commercial printing papers, food service products, forms, release papers and security papers. The 400,000 tonnes per year capacity paper mill in Jay, Maine is located on 1,000 acres. The auctions open in early September and close on the 10th, 11th, 12th and 13th of September.
Around 4,000 lots feature in the sale including: 278” Beloit trim paper machine for release liner, 290” Metso trim complete Fourdrinier paper machine for light kraft linerboard, 235: Beloit trim paper machine for food grade packaging, ground wood plant, plant bleach plant, pulp mill with wood yard, purchased pulp area, 150 MW Cogen plant with (3) 50 MW Westinghouse 251B12 duel fuel gas turbines with Nooter Erikson HRSG’s, plant maintenance and support equipment, spare parts inventory, material handling equipment, vehicle fleet and much, much more. Equipment is available via private negotiation prior to the auction. Inspection is by appointment with the auctioneer only.
New Mill Capital is one of the largest asset disposition firms in North America, with expertise in industrial auction and liquidation. New Mill Capital provides services across a variety of manufacturing sectors including processing, plastics, packaging, manufacturing and food and beverage. The firm also hold more than 20 million square feet of idle manufacturing plant across the US.