HOLYOKE, Mass. (WWLP) – Hampden Papers in Holyoke is closing its doors for good. The paper company has been in business since 1880.
In a letter to employees obtained by 22News, President and CEO Robert Fowler announced he will be selling his shares of the company. He cited a continued decline in revenue and the coronavirus shutdown being too much to handle.
Hampden Papers was sold to “Flex,” a Kentucky based company.
In a statement to 22News, the company said, “Hampden Papers is one of the last remaining paper companies in Holyoke, which has long been known as the ‘paper city.'”