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NewPage Port Hawkesbury misses 2 scheduled payments to contractors

Fri 02 Sep 2011 02:00:02 PM EDT
NewPage Port Hawkesbury has now missed 2 scheduled payments to its contractors, trucking companies, and road builders. One operator estimates they are currently owed about $4 million. Claude Bourgeouis, president of the Northeastern Pulp Truckers Association, said, “They're watching their liquidity day-to-day and they're going to try to make a cheque run next Tuesday. We're [...]

Posted by ForestTalk.com



 


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