Monday, September 22, 2014

Press Release

Old Town Fuel and Fiber has received national certification as a Women’s Business Enterprise (WBE) by the Women’s Business Enterprise National Council (WBENC).

The Patriarch Torch

Ms. Tilton was the subject of an extensive profile piece in Pulp & Paper International magazine for her work with Old Town Fuel & Fiber and their game-changing efforts to derive bio-butanol from wood pulp.

 

For over a century, there has been fiber flowing out of Old Town, Maine. A historic and notable landmark, the Old Town Fuel & Fiber facility grew out of a small pulp mill on the banks of the Penobscot River into a leader in value-added pulp manufacturing.


Today the pulp mill is implementing a unique design for producing energy and biofuels as byproducts of the core pulp manufacturing process.


Acquired by funds managed by Patriarch Partners, LLC, a New York-based private equity firm, in November, 2008, Old Town Fuel & Fiber has already established partnerships with the University of Maine, Maine Department of Economic and Community Development, City of Old Town, Eastern Maine Development Corporation, U.S. Department of Energy, and United Steelworkers Union Local 80, among others.


Our partners are involved in the full range of renewable energy development and technology, development of optimized manufacturing processes and the restoration of manufacturing, employment and economic opportunity in the state of Maine.

Directions

Recommended Route from the South:

  • From North I-95 at exit 197, take ramp right for ME-43 toward Old Town / Hudson
  • 0.3 mi. Turn right onto ME-43 / Hudson Rd / W Old Town Rd
  • 2.9 mi. Keep left to stay on ME-43 /N Brunswick Rd
  • 0.7 mi. Keep straight onto US-2 / Main St
  • 1.3 mi. Turn left onto Portland St
  • 306 ft. Arrive at 23 Portland Street, Old Town, ME 04468


Patriarch Partners Lynn Tilton
Telephone: 207-827-0600