Terrace Bay Pulp is ordering supplies
The mill workers in Terrace Bay, Ontario are a little more hopeful this week that the plans to reopen Terrace Bay Pulp may actually come to fruition.
Yesterday, Terrace Bay Pulp starting placing their orders for materials essential for operating the mill, including fuel-oil for the mill’s big boilers.
About 350 unionized workers who have already received recall notices should start being called in some time after Tuesday, when Thunder Bay Pulp officials make what should be a final appearance in Ontario’s Superior Court.
Wood-supply and loan issues have been largely resolved, setting the stage for the company to formally exit court-ordered protection from its creditors under the Companies’ Creditors Arrangement Act.
The company has been under CCAA since March 2009.
Orders supply hope to mill workers (The Chronicle Journal)
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