McAuliffe bids to convert Franklin mill to biomass plant

Former gubernatorial candidate Terry McAuliffe has submitted a bid to purchase International Paper Co.’s mill outside of Franklin and turn it into a wood and biomass energy plant.

The paper mill is scheduled to close this year, eliminating 1,100 jobs. McAuliffe, who ran for governor of Virginia but lost the Democratic nomination to state Sen. Creigh Deeds, estimated the venture could save hundreds of those jobs.

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