Newton Falls Timberland Goes On Auction Block

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Thousands of acres of timberland owned by the Newton Falls Fine Paper mill went on the auction block Thursday.
 
It's unknown whether a 1,800 acre parcel and a 2,300 acre property owned by Scotia Investments of Nova Scotia were actually sold by the company's consultants, Continental Plants Group of New York.

Newton Falls officials declined comment on whether the timberland sold.

Continental Plants did not return our calls for comment.
 
Scrapping operations have been underway at the century old mill for the past few weeks and papermaking equipment is being dismantled.

A bid to buy the idled mill intact for $2.1 million by a mystery bidder fell through last March.
 
Earlier this month, the St. Lawrence County Industrial Development Agency terminated its payment in lieu of taxes agreement with Scotia.

Monday, October 20, 2014
, Watertown, NY

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