19th-century woolen mill will return to water power.(LOCAL NEWS) From: Telegram & Gazette (Worcester, MA) | Date: January 6, 2008 | COPYRIGHT 2008 Worcester Telegram & Gazette. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Byline: John Dignam

PUTNAM - Water flowing from the Quinebaug River in the 19th century powered the Putnam Woolen Mill on Pomfret Street, and it may power redevelopment of the historic property in the 21st century.

Mill owner Greg A. Renshaw says providing its own power will make the project "viable even in an economic downturn."

"The cost of energy has increased significantly in the last five years, so this would give us a huge advantage in leasing...

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