Jan 15, 2009. /Lesprom.com/. UPM has sold its former paper mill and related assets in Miramichi, New Brunswick, Canada, to Umoe Solar AS of Norway, UPM said in a statement received by Lesprom Network. The sale includes the paper mill, a groundwood pulp mill, woodlands operations and two sawmills in nearby Bathurst and Blackville. The parties have agreed not to disclose the sale price. UPM acquired the Miramichi facility in October, 2000. The mill, with an annual production capacity of 450 thousand tonnes of lightweight coated magazine paper, was permanently closed in December, 2007. The disabled paper machines can no longer be used for paper production. UPM worked closely with the provincial government over the past year toward sale of the Miramichi site. "We appreciate the support and understanding of the community and government during UPM's time in New Brunswick, and we are pleased to see new hope for all with the sale," said Miramichi General Manager Timo Suutarla. UPM records an income of approximately Euro 20 million on the sale as a special item in the 1Q 2009.