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NS: Elmsdale Lumber receives $3M loan for expansion
[ELMSDALE, NS] — Economic and Rural Development Minister Percy Paris announced today that the province is providing a $3-million repayable loan to Elmsdale Lumber Company through the Industrial Expansion Fund to help it purchase new technology and equipment. Over the past five years, production at the mill has increased by almost 50 per cent and it [...] More
NB: Fraser Papers goes ahead with mill sales
[EDMUNDSTON, NB] — The Canadian Press is reporting that Fraser Papers Inc. intends to sell its specialty paper assets in light of no new bids for the operations. For more information, read the story at: http://nbbusinessjournal.canadaeast.com/front/article/935512 More
NL: Kruger asks unions for big sacrifices
[CORNER BROOK, NL] — Unions at Corner Brook Pulp and Paper have placed the ball back in the employer’s court in terms of concessions being asked of workers to help the company get through this dismal period in the newsprint industry. More
Acadian Timber looking for replacement customer
[SAINT JOHN, NB] - The Telegraph-Journal is reporting that with the looming shutdown of the Domtar Corp. hardwood pulp mill in Maine, leading forest products suppliers in New Brunswick are scrambling to find new customers. For more information, please visit http://nbbusinessjournal.canadaeast.com/journal/article/645848 More
