The company that bought the bankrupt Lincoln Paper and Tissue mill says it would entertain selling the property to someone who wants to restart the mill.

Courtesy: exploringlincoln.com
Courtesy: exploringlincoln.com
loading...

The Gordon Brothers Group, based in Boston, said in a statement that its purchase represents an opportunity "for a strategic operator to restart the mill." The company said it would keep the idle mill warm to facilitate a restart if a buyer comes forward.

The group announced that it has completed the purchase of the property for $5.9 million for the mill at a bankruptcy auction last month.

The company specializes in liquidating industrial assets. But if that doesn't happen, then the assets will be sold.

More From