Blue Heron Paper Mill Goes on Auction Block
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This week marks a new beginning for Oregon City, Ore., USA. The equipment, machinery, real estate, and all contents of the 23 acre industrial complex that was Blue Heron Paper Co. is being auctioned off to the public. The 100-year-old mill shut its doors earlier this summer as increasing competition for wastepaper from China made it impossible to continue profitable operations.
Disposition of the Blue Heron assets was assigned by a trustee of the court to a joint venture that includes Capital Recovery Group, Rabin Worldwide, Perry Videx, and Go-Dove. A public auction is being held his week through today (September 22) beginning at 10 am PDT. Online bidding is available.
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