It was announced by Fraser Papers Inc. that Serge Sorokin is to concentrate his expertise and efforts on making Katahdin Paper’s Millinocket mill site a profitable operation. It is proper to concentrate a seasoned executive with high operations skills where the greatest opportunity is: the Millinocket mill site. The site has advantages but what it doesn’t have is thermal energy, steam, at a profitable cost. Getting that is not going to be easy. As he pursues that goal he may discover other opportunities to help make the mill site profitable.

It is wise to have a strong individual, who is unburdened from day-to-day operating responsibilities, be totally focused on one objective: Get the Millinocket mill site operational again with a good sustainable profit in a short period of time.

The management of the project in this way is different than in the past and gives the project its highest likelihood of success.

Sheldon Cote

Millinocket