Ryegate mill sold for $100

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An East Ryegate paper mill that shut down last winter has a new owner. The Caledonian Record newspaper says New Hampshire resident Ronald Morgan paid $100 for the plant.

Morgan hasn’t publicly outlined his plans for the plant, which used to be operated by the Kimberly-Clark company. But a new sign on the front of the plan reads, “Evergreen Paper Mill, East Ryegate, Vermont”.

About 80 people lost their jobs when the mill closed down.

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