Keywords: Livermore Falls Trust and Banking Company
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Alvin Record and Hugh J. Chisholm were instrumental in building paper mills in Jay, Livermore, and Livermore Falls. The two industrialists helped make the towns prosperous.
Paper has shaped Maine's economy, molded individual and community identities, and impacted the environment throughout Maine. When Hugh Chisholm opened the Otis Falls Pulp Company in Jay in 1888, the mill was one of the most modern paper-making facilities in the country, and was connected to national and global markets. For the next century, Maine was an international leader in the manufacture of pulp and paper.