Androscoggin Bank has reaffirmed its commitment to the town of Jay with the second of three $10,000 contributions. In December, Bank representatives gathered at the Jay Town Office to deliver the $10,000 check, continuing their efforts to support workforce, community, economic, and leadership development in response to the closure of Pixelle Specialty Solutions’ paper mill.
When the mill closed, it wasn’t just a business shutting down—it was livelihoods, families and the heart of a tight-knit community that were affected. Androscoggin Bank saw the uncertainty that the area’s local economy faced and knew it had to step up in a meaningful way. The Bank initially announced its $30,000 commitment in March 2023, pledging $10,000 annually over three years to aid the community’s recovery efforts.
“The Town of Jay is deeply grateful for Androscoggin Bank’s generosity and continued support,” said Town Manager Shiloh LaFreniere. “Their commitment to economic and community development is critical as we navigate the challenges left by the mill closure. Having a partner like Androscoggin Bank, which has stood by us since the mill’s pulp digester explosion, means a great deal to our residents and local businesses.”
Androscoggin Bank’s Director of Government Banking, John Simko, emphasized the importance of the Bank’s ongoing relationship with the Jay community. “This partnership is about more than financial assistance—it’s about standing with the people of Jay as they work toward a sustainable future,” said Simko. “We recognize the incredible resilience of this community and are proud to support the efforts that will shape its next chapter.”
With one more installment remaining, Androscoggin Bank continues to engage with local leaders to ensure that its contributions are making a meaningful impact. As Jay looks toward new opportunities – including the potential for new businesses to develop on the former mill property – the Bank remains committed to supporting the town’s economic future and looks forward to seeing the community thrive.
SHARE
