Google Buys … A Paper Mill?

by admin February 12, 2009 at 4:12 pm

Consider it a sign of the times when internet company Google acquires the buildings and premises of a mill site from a paper, packaging and forest products company that caters to the print industry.

Today, Finland-based paper group Stora Enso has announced that Google is buying the buildings and most of the Summa Mill site, where production of paper was ceased last month in January 2008, for approximately €40 million ($51.7 million).

Google is expected to announce its plans or future investment “in due course”, and has agreed that part of the mill site will be further transferred to the City of Hamina for other industrial uses.

Read more: