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3 vacant mills in western Massachusetts are sold

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Wednesday, August 6, 2014

Screenshot 2014-08-09 11.14.18

Associated Press

LEE, Mass. — A Wisconsin-based development company has bought three vacant paper mills in western Massachusetts and is talking with local officials and others about how to use the properties.

Niagara Worldwide of Niagara, Wisconsin, bought the Columbia and Greylock mills in Lee and the Niagara Mill in Lenox Dale. The sale prices weren’t disclosed.

Niagara President Eric Spirtas told The Berkshire Eagle (http://bit.ly/1kmp41j ) that his company is working with local officials, other developers and prospective tenants on possible redevelopment of the mills, which were closed more than six year ago by previous owner Schweitzer-Mauduit International. Spirtas also says the company will be seeking the public’s input.

The Columbia and Niagara mills date back to the 1800s, while the Greylock Mill was built in the mid-1960s. All three are in residential neighborhoods.

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Information from: The Berkshire (Mass.) Eagle, http://www.berkshireeagle.com 

Prepared by:
NIAGARA Worldwide LLC
Eric J Spirtas
President

USA Address:
WISCONSIN
 – 1101 Mill Street, Niagara Wisconsin 54151
OHIO – 43840 Ohio #7, Hannibal Ohio, 43931
MISSOURI – 6727 Langley Ave., St. Louis Missouri 63123
+1.314.780.3742 Direct – +1.866.735.9925 Fax
eric.spirtas@niagaraworldwide.com
www.niagaraworldwide.com

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Caspian Forum – Ciragan Palace, Istanbul Turkey – Where the Leaders Met

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caspian_forum_facebook_2013-09-05 (1)

After a 24 hours of travel I arrived in Istanbul Turkey.  I was pleased to find quick transportation to one of the premier locations in the region, the “Ciragan Palace, Kempinski to attend the Caspian Forum 2013.  A quick shower, dawned a suit and down to meet my sponsors that invited me.  David Zarebinski and Ziya Gaziyev of DZG Group “Berlin”.  Mr. Zarebinski and Mr. Gaziyev were shaking hands and walking me right into the center of much commerce, discussion and opportunity.

I was fortunate to be present and honored to meet many ministers, politicians, parliament members, advocates and business representatives in this unique European / Asian Region of the World.  We are seeking business opportunities in Turkey, Azerbaijan, and in the surrounding region.

The Caspian Forum is a platform that explores the economic, political, and strategic potential of the Caspian Region, while defining areas of collaboration and partnership with the spirit of the win-win principle. The Forum brings influential voices of the academic, business and policy world together to lay foundations for a prosperous, secure and democratic region. It enhances opportunities for positive neighborly relations, facilitates mechanisms for regional integration and encourages constructive international involvement. It aims to create a space for multilateral cooperation and to avoid geopolitical rivalry. The Forum is a unique setting to promote a shared vision on the issues of security, economy and energy of the Broader Caspian Region. The Forum designs its agenda with a priority of developing a comprehensive approach in addressing outstanding problems of the region.

EJ Z DZIMG_3800 (2)
Mr. Ziya Gaziyev – Mr. Eric J Spirtas – Mr. 
David Zarebinski

(From 2L to right) SOFAZ CEO Movsumov, Turkish Customs and Trade Minister Yazıcı, the Chairman of EWE Turkey Holding’s Board of Directors. Schoeber, Prof Alkin and Kvatchantiradze attend a session at the CaspianForum.

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Sponsors Rank as the Who’s Who of the Region

Platinum Sponsors

Gold Sponsors

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Silver Sponsors

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Supporter

 

Media Sponsors

      

Written by globalcontractor

December 5, 2013 at 6:44 pm

Posted in Alternative Energy, and strategic potential of the Caspian Region, business and policy world together to lay foundations for a prosperous, consulting, Demolition, demolition, remediation, family business, consulting, scrap sales, implosion, Development, economy and energy of the Broader Caspian Region. The Forum designs its agenda with a priority of developing a comprehensive approach in addressing outstanding problems of the region, facilitates mechanisms for regional integration and encourages constructive international involvement. It aims to create a space for multilateral cooperation and to avoid geopolitical rivalry. The For, Ground Wood, Hazardous Waste, land sales, Liquidation, political, public speaker, remediation, Sales, scrap sales, secure and democratic region. It enhances opportunities for positive neighborly relations, Spirtas, The Caspian Forum is a platform that explores the economic, while defining areas of collaboration and partnership with the spirit of the win-win principle. The Forum brings influential voices of the academic

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NIAGARA DEVELOPMENT COMMITS TO A 2012 FACE LIFT

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January 16, 2012 – NIAGARA WISCONSIN (For Immediate Release)

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NIAGARA DEVELOPMENT COMMITS TO A 2012 FACE LIFT 

 

Niagara Development is quickly approaching its February 11th one year anniversary as owner of the former NewPage Paper Mill in Niagara Wisconsin and operator of the 1,300 acre property conversion that straddles the Menominee River in both Dickinson and Marinette Counties.

After exhaustive research and on site review from industry experts and business redevelopment teams from around the region, it has become clear that many of the “purpose built” structures on the site were not an advantage to new comers, but as stated by most suitors, a deterrent to utilization and restoration.  “NIAGARA has engaged real estate and construction professionals alike to walk the vacant buildings that were used for the manufacturing of ‘Paper’, ‘Pulp’ and ‘Power’ in order to outline options that fit the areas reuse plan.  Every response focused on the difficulty of conversion to standard industrial use,” says President of NIAGARA Development, Eric J Spirtas.  “Every professional sees the immediate value in the; Shipping, Coating and Warehouse buildings, but highlights a ‘disconnect’ when considering the reuse of the remaining large multi-story industrial buildings.”

Recently a National firm contacted NIAGARA Development, offering to buy all of the structures and associated equipment at the facility to “Demolish and Scrape” the entire site, creating a cleared brownfield parcel.  This proposal did not fit NIAGARA Development’s desire or intent.  Instead NIAGARA Development took this opportunity to strategically plan the retention of the most marketable buildings, while accepting parts of the original proposition, which will result in the removal of the un-usable buildings.  This work will start immediately and will open up the remainder of the site for re-purposing of any type.  “Removing the unsuitable buildings will provide NIAGARA with a unique opportunity to market available space to any type of company and then specifically design buildings and usage patterns that fit the needs of today’s buyer,” says Spirtas.

The company removing the unusable structures will also spend a significant amount of money getting the railroad back in full operation giving NIAGARA Development a distinct advantage in marketing the property to new businesses.  “Bringing in upgraded rail will be a benefit to the mill property’s long-term redevelopment plans providing greater value to the remaining buildings,” says Niagara Mayor, George Bousley.  “Rail will be rebuilt from Kimberly Road to the mill site.”

“The Niagara facility offers some exceptional opportunities in Northeast Wisconsin for manufacturing and warehousing/distribution,” according to Tom Scheuerman, CPA, and managing broker of Grubb & Ellis|Pfefferle in Appleton, WI.  “From our vantage point, the repositioning and reuse of a former manufacturing facility like in Niagara offers great advantages for both companies looking for affordable space with excellent attributes and local communities with outstanding ready work forces.  In order to attract new business into an area, we have seen that facilities like Niagara are critical to that process because they are on-line and ready for occupancy.  This facility offers some exceptional manufacturing space, low-cost power, waste water treatment, expansion capability, rail service and hundreds of acres of land that can be very attractive to new businesses.”

Spirtas continues to show his commitment to the local area by setting up his corporate headquarters known as NIAGARA Worldwide at the Mill.  He will be using the former Clubhouse building as his main offices.  Extensive renovations are underway in that structure right now for occupancy in the next few weeks.  NIAGARA Worldwide specializes in services ranging from; Acquisitions, Consulting, Contracting, Development, Mining, Liquidation, and Trading.  Niagara Worldwide is NIAGARA Development’s first tenant setting up its operation in the notable Clubhouse building.

“The NewPage Niagara Mill redevelopment team named the Upper Menominee River Area Alliance (UMRAA), including New North, Inc., continues to focus on repurposing the mill site,” said Jerry Murphy, Executive Director of New North, Inc., the economic development organization of the 18-county region of Northeast Wisconsin, known as the New North region.   “The Redevelopment team looks forward to continuing to work with NIAGARA Worldwide to market the existing mill site for future use.”

“The current ownership of Niagara is optimizing the site and removing old buildings that are functionally obsolete and a deterrent to future use and development.  This will enhance the site and allow for expansion capability around the structures that are usable for manufacturing and warehousing.  This approach of preparing sites and redevelopment of the facilities offers the greatest opportunity to attract new business.  We have seen this formula work successfully in other communities,” says Scheuerman.

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For more information about; NIAGARA Development or NIAGARA Worldwide, contact Eric J Spirtas – 314.780.3742 or by email at eric.spirtas@niagaraworldwide.com or through the company web site – www.niagaraworldwide.com.

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ADDITIONAL “CLUB HOUSE” HISTORY AND INFORMATION:

The first Club House was built in the year 1907 with the formal opening early in 1908.  The original building included a soda fountain, a small ice cream parlor, poolroom, shower and locker rooms, bowling alleys, and the gymnasium, which served alternately as gymnasium and theater.  A second floor housed the library, a dining room and kitchen, and rooms rented by the Masonic Lodge.  The Club House was rebuilt in 1926, with only the gymnasium of the original building remaining.  The bowling alleys were moved to the west side of the building, the ice cream parlor was enlarged as was the soda fountain, and the large lobby was constructed and furnished.  In addition, the second floor at that time had a modern kitchen, dining room: a Women’s Club Room, and lodge Rooms.

The Papermill Workers’Unionmaintains an office there.  The Skating Club used the Club facilities for planning their Annual Ice Review.  The second floor housed the Village Offices, and there was a Village Board Room.  The Post Office was located in the northeast corner of the first floor, and the Girls Scouts maintain a room on the second floor for their meetings.  The Niagara Community Club remained a truly “community” affair, for few activities of theNiagaravillage came into being without the Club playing some part.

1512 Washington – Manitowoc Wisconsin 54220 – NIAGARA Worldwide will work with EJ Spirtas Manitowoc LLC and Manitowoc Development Patners LLC to Re-New this City Block

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What do we do with this “Historic City Block”?

First Thought… Redevelop…?

Second Thought… Wreck…?

Anyone?  Anyone?

Manitowoc /1512WashingtonSt.jpg

CLICK HERE (“OR”) ON THE PICTURE TO ACCESS THE LOOPNET LISTING

Attachments

 
Historic Mirro Building
Developed By: EJ Spirtas Manitowoc, LLC
5 Building Complex
7 Story High Rise – 500,000 Sq Ft
6 Story High Rise – 400,000 Sq Ft
3 Story – 250,000 Sq Ft
5 Story Connector – 150,000 Sq Ft
3 Story Connector – 125,000 Sq Ft
6 Acre Property

Historic Downtown Development Opportunity

Take your business to 1512 Washington Street, Manitowoc, Wisconsin.

Building Description

The historic Mirro plant has more than 1,000,000 square feet of space on a 7.49 acre redevelopment site that is located on the edge of Historic Downtown Manitowoc.

Within walking distance of downtown amenities such as the Capitol Civic Centre, the Wisconsin Maritime Museum, Rahr West Art Museum, Manitowoc Riverwalk, Manitowoc Marina, Manitowoc Yacht Club, Mariners Trail, Lake Michigan, Library, Farmers Market, SS Badger Lake Michigan Car Ferry and dozens of shops and restaurants, this is a development opportunity that is immediately available.

Building Information  Utilities
Address: 1512 Washington Manitowoc, WI
Electricity supplier:  MPU
Total sq ft available:  1,408,520
Gas supplier:  WPS
Number of stories: 7
Municipal water:  Yes
Ceiling heights: 8’5″ to 12’7″ 
Water source:  Lake Michigan 
Site size (ac):  7.49
Peak capacity at water plant:  11 mgd 
Topography: Flat
Peak capacity at sewerage plant:  15.5 mgd 
Setting: Downtown    
Zoning: Industrial Telecommunications  
Former Use:  Mirro Fiber
Optics:  Yes
Digital switching:  Yes
Transportation Nearest major highway:  US Hwy 151/10 Incentives  
Distance to nearest highway: Adjacent Development Zone Tax Credits   
Number of lanes: 2 Industrial Revenue Bonds  
Nearest interstate:  I-43 Revolving Loan Fund   
Distance to nearest interstate:  4 miles  TIF  
Number of lanes:  4 Technology Zone Tax Credits   
Nearest commercial airport:  Austin Straubel
Distance to nearest airport:  40 miles     
Rail service:  No    
Nearest port facility:  1 mile


Terms
Leasing Rate:  Negotiable
Lease Type:  Negotiable
Sale Price:  Negotiable
 
Building Contact 
Name: Eric J. Spirtas 
Phone: (314) 432-7733
 
Community Contact 
Name: Dave Less 
Title: City Planner 
Organization: City of Manitowoc 
Address: 900 Quay St 
City: Manitowoc 
State: WI
ZIP: 54220
Phone: (920) 686-6930
Fax: (920) 686-6939
Email: dless@manitowoc.org
Web: www.manitowoc.org

295 Motors SOLD! NIAGARA Worldwide pegs another great sale!

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Written June 24th, 2011 – NIAGARA Wisconsin

From the NIAGARA Development project site in Niagara Wisconsin, Eric J. Spirtas and Burdette Wilber negotiate, prepare and hold another e-auction that has clearly satisfied the seller and the buyers.

The key to designing a successful auction (“Live or On-Line”) requires the knowledge of an experienced auctioneer.  Lot sizes, location, blend of goods, length of sessions…  These decisions are not guesses, but more so proactive strategic determinations that come from years industry exposure.  


A smart customer and a smart liquidator make for a smart auction…  The process is not magic.  There are many ways to fail, but in most cases there are a few ideal paths to success.

A customer must always beware of the (“guarantee”).  There is no such thing, unless the auctioneer is putting up cash to buy the lot at a base number, or truly bonding the results.  Most times the “hustling” liquidator is trying to play on the perceived dollar signs in the eyes of his customer.  

As NIAGARA Worldwide closes another sale, it is important to reflect on the points that aid in running a successful auction.

10 Points on How to Run A Successful Auction!

  1. Because your auction is of a specific nature it is imperative to select an auctioneer that is ideally suited to this type of Auction. For example, a Fine Art Auctioneer is not always the person to select when conducting a charity auction which may include sporting memorabilia and assorted items that have been donated.
    The success of your auction often depends on the ability of the auctioneer and his knowledge of the type of goods being submitted to auction. The hype and spontaneous activity that comes with these types of auctions requires certain qualities such as a quick wit, an ability to “get on with it” and sell for extended periods at a fast pace. Alternatively, more refined auctions such as Fine Art calls for an auctioneer that displays a good level of patience and decorum. Selection of the most suitable auctioneer is sometimes understated and many auctions fail to reach the desired results and standards because of poor selection.
  2. Much credence should be given to the selection of the Auction venue when organising your auction. The venue should reflect the quality and type of auction being held in order to achieve your maximum result. When conducting an auction it is often difficult to judge the projected size of the crowd and therefore the crowd catering in relation to seating and general hospitality is dependant on these factors. It is very important that potential purchasers have the necessary access to auction items in order to ascertain their value and suitability to their needs. Special emphasis should be placed on the venue because too much room or too little room at the wrong venue will be counterproductive to the success of the auction.
  3. Sufficient advertising and promotion of your auction is absolutely critical to it’s success. Select the best possible advertising mediums to expose your specific auction and attempt to reach the target market by way of these mediums. Very careful consideration needs to be given to the target market when deciding on the most suitable advertising campaign. Depending on the type of auction, the time and value of the campaign can vary quite substantially but it is important not to under expose the auction if you wish to maximise the financial result. Having a strong, qualified crowd of buyers goes a long way towards success.
  4. Ensuring that sufficient, trained staff are engaged to assist in all facets of the auction process is very important. The presence of relevant staff members in areas of registration, presentation of items, acceptance and delivery of auction items etc is a critical component of a successful auction.
  5. When conducting an auction of any type it is imperative that the auction items are presented to the public in the best possible condition. In an ever-increasing competitive world, pristine presentation will strongly enhance a seller’s chances of achieving a good price for their auction items. Attention to detail in presentation is sure to be rewarding.
  6. An important part of the auction process is to provide a number of payment options to satisfy the needs of the buying public. These days acceptable methods of payment at the most auctions are cash, personal cheque, bank cheque and various forms of credit card options. Auction items will normally remain on site until full payment is received unless alternative arrangements are made prior to auction. It is important for the auctioneer to make everyone aware of auction payment conditions prior to commencement of the auction.
  7. To continue the smooth operation of the auction process it is important that buyers are able to take delivery of their auction purchases with a minimum of fuss. Trained staff will assist with efficient delivery of items once payment has been made. Safe delivery is an important part of the process.
  8. Re-enforce the absolute necessity to receive full payment for auction items prior to collection by buyers. Failure to enforce the payment policy can be a financial disaster. History tells us that a soft approach in this area of the auction process often leads to moral and financial disappointment.
  9. When formalizing an agreement with an auctioneer it is important to discuss the financial settlement arrangements once the auction is completed. Once again, depending on the type of auction being conducted, the auctioneer (or his agency) will collect the auction proceeds and, in turn, disperse the proceeds to the relevant recipients. Normal deductions prior to release of funds to the seller will include Agents Commission and Advertising.
  10. The information obtained from Buyer Registration forms will provide invaluable contact details for future auctions. The growing of your database of potential purchasers can lead to the ongoing support and success of your auctions for many years to come.

    (“10 Points on how to run a successful auction are a reprinted from find an auctioneer.com.au”)

Call today if you are looking for guidance and support at your facility.  Let us earn you a maximum payout!

Eric J. Spirtas – 314.780.3742 – eric.spirtas@niagaraworldwide.com

Motor Liquidation – Amazing Prices – Closing Friday June 24th, 2011

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In our effort to redevelop and recycle, NIAGARA Worldwide LLC, buys, liquidates and repurposes former industrial facilities globally. 

Contact us today for more information – Eric. J. Spritas eric.spirtas@niagaraworldwide.com – 314.780.3742

 

Announcing another Quality Timed Auction from

NIAGARAWorldwide

 

Former New Page Papermill
Naigara, Wisconsin

Street Address:
1101 Mill Street
Niagara, WI 54151

See in Google Maps

 

Electric motor inventory: (Samples below)

MARATHON 2 HP, 1800RPM, 145T Frame, 460 Volts

BALDOR 3 HP, 1200RPM, 215C Frame, 480 Volts

GE 60 HP, 1800RPM, 364TS Frame, 230/460 Volts

RELIANCE 500 HP, 1200RPM, 5810S Frame, 4160 Volts

GENERAL ELECTRIC 30 HP, 1200RPM, 405P Frame, 480 Volts

GENERAL ELECTRIC 100 HP, 1800RPM, 444VP20 Frame, 480 Volts

 
Click Here
to Download Brochure
with Photos
Click Here to
Download List
Click Here
to Bid Online

When:
ONGOING NOW!

Where:
Naigara, WI

Email Our Liquidation Manager:
For more information

CONTACT:
Burdette Wilber at: 314-616-8422 / burdette.wilber@niagaraworldwide.com
Eric J. Spirtas at: 314-780-3742 / eric.spirtas@niagaraworldwide.com

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Check the Wire… It is Official! – Niagara Development LLC now owns the Former NewPage NIAGARA Paper Mill

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News Release

NIAGARA Development LLC
Eric J. Spirtas – 314.780.3742
ericspirtas@ejspirtasgroup.com

From Coast to Coast the news is out.  Niagara Development LLC has completed its purchase of the Wisconsin mill property, formerly known as “NewPage Niagara Mill”.

Here is a gathering of  some of the News Attention:



Niagara Development buys NewPage mill

The Business Journal
Date: Friday, February 11, 2011, 4:14pm CST
Related:
Manufacturing, Commercial Real Estate

NewPage Wisconsin System Inc., a wholly owned subsidiary of NewPage Corp., and Niagara Development LLC announced Friday that Niagara Development has acquired the NewPage mill property and assets in Niagara, Wis.

Read more: Niagara Development buys NewPage mill | The Business Journal

 


MIAMISBURG, Ohio and NIAGARA, Wis., Feb. 11, 2011 /PRNewswire/

NewPage Wisconsin System Inc., a wholly-owned subsidiary of NewPage Corporation, and Niagara Development LLC jointly announced today Niagara Development LLC’s acquisition of the NewPage Niagara, Wisconsin mill property and assets READ MORE… Click Here.

 

News Releases

 

NewPage and Niagara Development LLC Complete Sale of Niagara, Wisconsin Mill Property and Assets

Feb 11, 2011

MIAMISBURG, Ohio and NIAGARA, Wis., Feb. 11, 2011 /PRNewswire/ — NewPage Wisconsin System Inc., a wholly-owned subsidiary of NewPage Corporation, and Niagara Development LLC jointly announced today Niagara Development LLC’s acquisition of the NewPage Niagara, Wisconsin mill property and assets.

“Since the closure of the mill in 2008, NewPage has worked with the City of Niagara to locate a viable purchaser for the mill with a positive outcome for the community,” said George Bousley, mayor, City of Niagara. “We are pleased that Niagara Development LLC is purchasing the NewPage Niagara property and assets and believe this is the best possible option for the facility, the City of Niagara and its residents.”

NewPage sells Niagara mill

Purchased by Niagara Development LLC

Updated: Friday, 11 Feb 2011, 4:12 PM CST
Published : Friday, 11 Feb 2011, 4:12 PM CST

NIAGARA – NewPage has sold its Niagara mill.

Friday, the company announced the sale to Niagara Development LLC. Terms of the sale were not released.  Niagara Development is working with the city of Niagara and others to determine possible future uses of the property and assets.

 

 

Forestry Magazine Wood, Pulp, Timber & Paper

NewPage and Niagara Development LLC Complete Sale of Niagara, Wisconsin Mill Property and Assets

February 11, 2011 by timbercommunity

NewPage Wisconsin System Inc., a wholly-owned subsidiary of NewPage Corporation, and Niagara Development LLC jointly announced today Niagara Development LLC’s acquisition of the NewPage Niagara, Wisconsin mill property and assets.

The NewPage Niagara facility permanently closed in July, 2008 due to a significant decrease in demand for coated paper. The paper machines at the Niagara mill produced approximately 250,000 tons of lightweight coated groundwood papers used in magazines and catalogs. In March, 2009, NewPage sold the NewPage hydroelectric facility in Niagara, Wisconsin to Northbrook Wisconsin, LLC.  CLICK ON LINK FOR MORE INFORMATION…

 

 

Niagara Development buys NewPage mill

Based in Miamisburg, Ohio, NewPage Corp. is one of the largest coated paper manufacturers in North America. NewPage owns paper mills in Wisconsin, Kentucky, Maine, Maryland, Michigan, Minnesota and Nova Scotia, Canada. Niagara Development has acquired… Full Article at Business Journal of Milwaukee

 

MIAMISBURG, Ohio and NIAGARA, Wis., USA, Feb 11, 2011

NewPage Wisconsin System Inc., a wholly-owned subsidiary of NewPage Corporation, and Niagara Development LLC jointly announced today Niagara Development LLC’s acquisition of the NewPage Niagara, Wisconsin mill property and assets.

“We see this deal as a great opportunity for the towns of Niagara, Iron Mountain, Kingsford, Quinnesec and Norway, as well as the surrounding region,” says Eric J. Spirtas, president of Niagara Development LLC.

 

 

Niagara Development buys NewPage mill

Based in Miamisburg, Ohio, NewPage Corp. is one of the largest coated paper manufacturers in North America. NewPage owns paper mills in Wisconsin, Kentucky, Maine, Maryland, Michigan, Minnesota and Nova Scotia, Canada. Niagara Development has acquired… Full Article at Business Journal of Milwaukee

 

Niagara Development buys NewPage mill

NewPage Wisconsin System Inc. , a wholly owned subsidiary of NewPage Corp. , and Niagara Development LLC announced Friday that Niagara Development has acquired the NewPage mill property and assets in Niagara, Wis. The NewPage Niagara facility… Full Article at Business Journal of Milwaukee

 

 

SOURCE NewPage CorporationMIAMISBURG, Ohio and NIAGARA, Wis., Feb. 11, 2011 /PRNewswire/ — NewPage Wisconsin System Inc., a wholly-owned subsidiary of NewPage Corporation, and Niagara Development LLC jointly announced today Niagara Development LLC’s acquisition of the NewPage Niagara, Wisconsin mill property and assets.

 

Niagara Development buys NewPage mill

Full story: The Business Journal of Milwaukee

 

 

MIAMISBURG, Ohio and NIAGARA, Wis., Feb. 11, 2011 /PRNewswire/ — NewPage Wisconsin System Inc., a wholly-owned subsidiary of NewPage Corporation, and Niagara Development LLC jointly announced today Niagara Development LLC’s acquisition of the NewPage Niagara, Wisconsin mill property and assets.

“We see this deal as a great opportunity for the towns of Niagara, Iron Mountain, Kingsford, Quinnesec and Norway, as well as the surrounding region,” says Eric J. Spirtas, president of Niagara Development LLC. Sanabe & Associates, LLC, acted as… Full Article at American Banking and Market News

 

 

Niagara Development buys NewPage mill

NewPage Wisconsin System Inc. , a wholly owned subsidiary of NewPage Corp. , and Niagara Development LLC announced Friday that Niagara Development has acquired the NewPage mill property and assets in Niagara, Wis. The NewPage Niagara facility permanently c Full Article at Business Journal of Milwaukee

 

 

NewPage Sells Mill in Niagara

Posted Friday February 11, 2011 18 hours, 13 minutes ago

NIAGARA, Wis. (WTAQ) – NewPage has sold its Niagara mill. Friday, the company announced the sale to Niagara Development LLC.

Terms of the sale were not released.

Niagara Development is working with the city of Niagara and others to determine possible future uses of the property and assets. The mill closed in July 2008, as NewPage blamed a significant decrease in demand for coated paper.

NewPage sold the hydroelectric facility to Northbrook Wisconsin, LLC, in 2009.

 

 

New Buyer, New Page Niagara

“IRON MOUNTAIN – NewPage Corp. has apparently found a buyer for the Niagara paper mill.

Shannon Semmerling of NewPage media relations confirmed Thursday that NewPage and a buyer have already signed an asset purchase agreement.

“We anticipate a transaction in the first quarter of 2011,” she said.

Semmerling declined to reveal the name of the buyer. She also could not comment on whether all or only part of the mill property will be part of the transaction.

However, the website of Missouri-based E.J. Spirtas Group, LLC has listed the mill property as its Niagara development project.

A spokesman for E.J. Spirtas Group said that he would not comment on the development project until he could make a joint announcement with NewPage, possibly next week.

According to the website, E.J. Spirtas Group is a firm that specializes in full scale property development, construction, demolition, consulting, and environmental remediation.”
Buyer found for Niagara mill – IronMountainDailyNews.com | news, sports, business, jobs – The Daily News

 

 

NewPage and Niagara Development LLC Complete Sale of Niagara, Wisconsin Mill Property and Assets