Terrace Bay Pulp receives another extension

Terrace Bay Pulp in Ontario has received another extension to their creditor protection period.

Yves Fricot is the legal counsel for the Buchanan Forest Products, the mill's owners. He said the extension is an important step that means the judge understands more time is needed to find re-financing to re-open the idled mill before winter sets in.

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Mill gets more time (TBNewsWatch)