New Mill Capital Holdings, Infinity Assets, Camjay LLC Purchase Maine Mill Assets of Pixelle Specialty Solutions
JGT2 Redevelopment LLC, a Joint Venture of New Mill Capital Holdings ( www.newmillcapital.com ), Infinity Asset Solutions ( www.infinityassets.com ) and Camjay LLC, has acquired the assets of Pixelle Specialty Solutions in Jay, ME.
- JGT2 Redevelopment LLC, a Joint Venture of New Mill Capital Holdings ( www.newmillcapital.com ), Infinity Asset Solutions ( www.infinityassets.com ) and Camjay LLC, has acquired the assets of Pixelle Specialty Solutions in Jay, ME.
- The acquisition includes the real estate of the main paper mill site as well as all mill equipment and the adjacent cogeneration power plant.
- “We are thrilled to have acquired the Jay mill and plan on making a significant investment to bring economic life back to the property,” said Tony McDonald, President of Camjay.
- In addition to the mill assets, the site has a 150 MW cogeneration plant with an interconnect directly to the power grid.