The Company, in the Adirondack town of Clifton, laid off about eighty employees last December with hopes they'd be hired back this fall.
In the release, dated June 15th, the company said the mill will permanently lay off about 90 employees. They’ll receive a severance package that includes eight weeks of pay and benefits through the end of July.
The statement also says Scotia Investments, Newton Falls Fine Paper’s parent company, “remains focused on the reopening of the mill” and is in discussion with “potential partners." It doesn’t say when the mill might reopen.
Patrick Kelly, Deputy CEO of the St. Lawrence County Industrial Development Agency, said it's important that the company reopen as soon as possible. "That facility is a key driver in the economy in the southern part of the county, so obviously the impact is felt in Newton Falls, in Clifton, in Fine, and throughout St. Lawrence county," Kelly said. "It’s an important facility for us, and it has a major impact on the economy in the county."
Calls to Scotia Investments and Newton Falls Fine Paper weren’t returned in time for this story.