Harbor Paper deal finalized, announce job applications open
After months of paperwork and negotiations, Elliot Rust LLC has announced that Harbor Paper will finally begin hiring.
The Grays Harbor PUD announced yesterday the completion of the sale of three biomass turbines and a substation to the facility for $540,000. The sale closed simultaneously with another sale agreement between the buyer and the receiver for the mill. This paves the way for the buyer to restart the paper mill in Hoquiam that has been in receivership since its closure in March of 2011.
The new owners expect to take possession of the facility immediately and begin producing paper within 45 days.
The PUD Commissioners all were very pleased that Harbor Paper has closed the deal and Commissioner Tom Casey thanked all the people who put in work to make their part of the deal possible.
The company launched the website HarborPaper.com on Monday as the sole location to apply. The company bought the website 2 days before the letter of intent to purchase the company was announced.
Tim Gibbs, CEO of Greater Grays Harbor, Inc said “It’s hard to overstate what a milestone it is to have another shuttered mill reopen on the Harbor”
There still are some issues to work out to find out where exactly the mill’s power will come from but Commissioner Russ Skolrood says it is a positive for the community.
Harbor Paper LLC plans to specialize in recycled paper using renewable energy sources. The business focus will be on providing paper at reasonable prices to customers throughout the western United States.
The former Grays Harbor Paper announced their shutdown to 240 employees on May 26th of 2011. Elliott Rust announced their plans to purchase the vacant facility in April of this year in a process scheduled to last 60 days.