< Back to News

What we know about the status of St. Marys Paper

Wed 17 Mar 2010 09:02:38 AM EDT

Here are the latest facts coming from Sault Ste. Marie, Ontario concerning the recent "indefinite shutdown" of St. Marys Paper.




  • The boilers were shut down. The equipment in the mill is at risk of damage if the temperature gets too cold.

  • The mill has been losing money at the rate of $1.5 - $1.7 million a month.

  • The company has only committed to paying health care costs for its workers until the end of Marc.h

  • Suppliers have been hauling their products out of the mill. The entire facility is said to be "empty" except for the wood in the yard.

  • Only a few management personnel are working at the mill now. The "essential services" that they are preforming will only be maintained to the end of March.



Read more:

Laid off St. Marys workers say morale low, they're in the dark (Sault This Week)


 


Go to the Original Article

Login Section

Login to consult our inventory and more !