3 parties interested in purchasing Pine Falls

There are at least 3 parties now interested in purchasing the Pine Falls paper mill from Tembec.

The potential buyers are:

• J.P. Bradette, former Tembec vice-president


• Sagkeeng First Nation


• Tembec employees

None of the potential buyers are close to making a former offer.

Whoever buys the mill will have a challenge to obtain profitability with the newsprint market so weak.

Source:

lockout over Three potential buyers emerge for Tembec's Pine Falls mill (Winnipeg Free Press)