XML FeedsCategory: Mill Sales/Transfers
AbitibiBowater is permanently closing Dolbeau and Gatineau
Aug 25, 2010 | In Mill Sales/Transfers | Send feedback »
AbitibiBowater is permanently closing its two idled paper mills in Quebec:
Dolbeau, Quebec
Gatineau, Quebec
Dolbeau was idled in June 2009 putting 240 workers out of work. Gatineau was idled in April putting 330 people out of work.
Compa… more »
Deal to buy Pine Falls paper mill is dead
Aug 23, 2010 | In Mill Sales/Transfers | 1 feedback »
The group of employees that was interested in buying the idled Pine Falls, Manitoba paper mill, from Tembec, have decided not to proceed with an offer.
The province of Manitoba announced today that they will continue to work with the people in the Pow… more »
Changes coming to Abzac in Fort Frances
Aug 23, 2010 | In Mill Sales/Transfers | 1 feedback »
Sonoco Products Company has purchased the business of the Abzac Canada-Fort Frances Division tube and core plant in Fort Frances, Ontario.
The plant produces paper cores for use in rolls of paper produced by paper mills.
Instead of buying the plant… more »
AbitibiBowater considering selling Iroquois Falls power dams again
Aug 13, 2010 | In Mill Sales/Transfers | Send feedback »
AbitibiBowater has raised the idea of selling off the hydroelectric dams at its pulp and paper mill in Iroquois Falls, Ontario again.
"If this goes through, I expect the Iroquois Falls mill will be going from a low-cost mill to a very high-cost mill,"… more »
Miramichi woodlot owners want mill sale to be salvaged
Aug 4, 2010 | In Mill Sales/Transfers | Send feedback »
Woodlot owners in the Miramichi region of New Brunswick want the provincial government to step in to stop a mill sale deal from falling apart.
For a year now, Weyerhaeuser and TAG Enterprises from Quebec have been in talks concerning Weyerhaeuser's sh… more »
Howe Sound Pulp and Paper purchased by Paper Excellence
Jul 16, 2010 | In Mill Sales/Transfers | Send feedback »
Howe Sound Pulp and Paper has been sold by its owners (Canfor and Oji Paper Co. Ltd. of Japan) to Paper Excellence B.V.
Paper Excellence B.V. is based in the Netherlands and is associated with one of the world’s largest pulp and paper producers of Asi… more »
Domtar completes sale of its Forest Products Business to EACOM
Jul 1, 2010 | In Mill Sales/Transfers | Send feedback »
Domtar Corporation has announced the closing of its previously announced transaction to sell its Forest Products Business to EACOM Timber Corporation.
EACOM acquired the business for CDN$80 million plus elements of working capital of approximately CDN… more »
Germany's Lott Paper wants former Grand Falls-Windsor paper mill in Newfoundland
Jun 25, 2010 | In Mill Sales/Transfers | Send feedback »
German company Lott Paper wants to reopen the former AbitibiBowater paper mill in Grand Falls-Windsor, Newfoundland.Lott Paper wants to fill the market void left in Germany since AbitibiBowater idled the mill.The province of Newfoundland and Labr… more »
Conifex Timber completes acquisition of Mackenzie sawmills
Jun 4, 2010 | In Mill Sales/Transfers | Send feedback »
Conifex Timber Inc. ("Conifex"), formerly West Fourth Capital Inc. ("Fourth"), announced today that it has completed the acquisition of certain sawmill and related assets located at or near Mackenzie, British Columbia as well as a related equity financin… more »
German company tours Grand Falls-Windsor facilities
May 26, 2010 | In Mill Sales/Transfers | 1 feedback »
An unnamed German pulp and paper company toured the former AbitibiBowater mill in Grand Falls-Windsor, Newfoundland.
Newfoundland and Labrador Natural Resources Minister Kathy Dunderdale is warning people not to get their hopes up, because discussions… more »
Fraser Papers Signs Agreement to Sell New Hampshire Paper Mill
May 25, 2010 | In Mill Sales/Transfers | Send feedback »
Fraser Papers Inc. announced that its subsidiary Fraser N.H. LLC, has reached an agreement to sell substantially all of its assets to an investment fund managed by MerchantBanc, LLC, of Manchester, New Hampshire. Financial terms of the transaction were n… more »
Canfor sells Uneeda Wood Products
May 10, 2010 | In Mill Sales/Transfers | Send feedback »
Canfor is selling its Uneeda Wood Products mill to BID Group of Companies.
Uneeda Wood Products employs about 100 people in Chilliwack, British Columbia.
The mill is excited to return to its roots as an independent mill. Not only does the mill not… more »
Rio Tinto Alcan is interested in AbitibiBowater's former Saguenay mill site
Apr 26, 2010 | In Mill Sales/Transfers | Send feedback »
Rio Tinto Alcan, an aluminum company, is interested in AbitibiBowater's former Port Alfred paper mill site in Saguenay, Quebec.
AbitibiBowater is seeking approval of the bankruptcy court to sell the mill site to Rio Tinto Alcan for $500,000.
The mi… more »
Newfoundland says it didn't mean to expropriate the paper mill
Apr 23, 2010 | In Environmental News, Mill Sales/Transfers | Send feedback »
Newfoundland and Labrador rushed to expropriate AbitibiBowater's assets before the company could hold a pre-bankruptcy fire sale.
The province really wanted the timber and water rights back, as well as a hydroelectric power station, but during the rus… more »
AbitibiBowater wants to sell 4 idled mills to a scrap metal company
Apr 20, 2010 | In Mill Sales/Transfers | 2 feedbacks »
AbitibiBowater is seeking approval from the bankruptcy court to sell 4 paper mills in Ontario, Quebec, and New Brunswick.
AbitibiBowater believes it can recover at least $13.8 million from selling the following idled paper mills:
Thunder Bay, Ont… more »
