The holidays might be over, but the biggest gift to the town of Nackawic has just arrived.
The holidays might be over, but the biggest gift to the town of Nackawic has just arrived.
Nearly 15 months after the St. Anne-Nackawic pulp mill unexpectedly shut its doors after declaring bankruptcy, and tossing 400 people out of work, the facility is getting ready to reopen.
On January 16th, close to 275 workers will return to their jobs. Contractors who were hired to help prepare the facility for production will be soon be added to the AV Nackawic payroll, the CBC has reported.
In November, the mill was sold and renamed AV Nackawic. It now stands as a partnership between the Aditya-Birla Group and Tembec. The province of New Brunswick kicked in $67.5 million worth of loans and guarantees for the project.
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