OLD TOWN - The complex that once housed the Old Town pulp mill has been purchased.
OTM Holdings, LLC, announced Wednesday it had purchased the complex.
The company plans to redevelop the site into a wood fiber-based complex with multiple tenants.
As a player in the wood-fiber market, the complex will focus on turning fiber and wood waste into products like fuel and other engineered wood products.
Former owners of the site say they're happy to see it being used for something instead of being demolished.
A portion of the building is currently home to UMaine's Forest Bioproducts Research Institute.
The mill closed in 2015.
Kayla joined the ABC 7 & FOX 22 news team in May of 2017. She got into journalism because she loves talking with people, and she's incredibly grateful to share the stories of Mainers throughout the region.
She got her start in broadcasting way back in middle school as a member of a morning announcements TV broadcast club, and her love for the news industry took off from there.
Kayla graduated from Penn State University in 2017 with degrees in broadcast journalism and Spanish. During her time as a student at Penn State, Kayla was an executive producer and reporter for the "Centre County Report", an Emmy award-winning student-run newscast. She studied abroad in Ronda, Spain and traveled to Panama with an international reporting class. Kayla kept busy in college, spending four years working as a student manager in the dining hall.
Kayla grew up in the village of Shawnee-on-Delaware, located in the Pocono Mountains in Pennsylvania, so transitioning into life in Vacationland was a piece of cake! A self-described winter fanatic, she loves all things snow related, including hitting the slopes on her snowboard. She also likes hiking, kayaking or doing anything outdoors. She loves meeting new people so if you see her around, be sure to stop and say hi!