Soon-to-be buyer of AbitibiBowater’s Thunder Bay believes eco-friendly product will gain recognition for new company
January 29, 2008 By Pulp & Paper Canada
Thunder Bay, ON — The head of a new company for Superior Packaging that plans to take over the former AbitibiBowat…
Thunder Bay, ON — The head of a new company for Superior Packaging that plans to take over the former AbitibiBowater newsprint mill in Thunder Bay, on, said that a new eco-friendly product “will put the mill on the map,” Thunder Bays Source reported January 24.
Jay Gurandiano revealed few details about this product, except that it is sustainable and has been made in Europe though very few are produced in North America. According to Gurandiano, the deal to reopen the former AbitibiBowater Mission Mill is in its final stages, with the next step being the finalization of sales and purchase agreements that he hopes will be finished in the next two months. Gurandiano added that he was pleased with the progress, AbitibiBowater’s cooperation and the mill’s condition, Thunder Bays Source reported.
A letter of intent for acquiring the mill between Superior Packaging and AbitibiBowater was signed in December, the newspaper reported. Shortly afterwards, a long-term collective agreement was made with the Communications, Energy and Paperworkers union. According to previous reports, the new company could employ about 80 people.
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