In 1923, after 51 years of operation, Forest Paper Co. closed due to new, more efficient paper production methods.
Five years later, the president of Yarmouth's Chamber of Commerce, Walter E. Fels, brought hopes of the American Industrial Co. occupying the old mill location. The Philadelphia-based company was supposed to employ 70 men and produce folding boxes and heavy, stiff cardboard boxes, but the plan was never put into effect.
In 1931, three years after the mill was expected to reopen, nearly all of the mill's buildings burned, erasing its silhouette from this landscape.
