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Thunder Bay Fine Papers seeking new investment


May 29, 2007
By Pulp & Paper Canada

In an attempt to reopen the idled Cascades Fine Papers Group mill in Thunder Bay, Thunder Bay Fine Papers is callin…

In an attempt to reopen the idled Cascades Fine Papers Group mill in Thunder Bay, Thunder Bay Fine Papers is calling on business firm Ernst & Young for help.

Thunder Bay Fine Papers is enlisting the help of the firm to seek out additional financing for its purchase plans, and according to a recent report by the Thunder Bay Source, Andre Nicol, spokesperson for the group of Thunder Bay investors looking to buy the mill, Ernst & Young has a solid track record, and he is confident the group will be successful in securing new investors.

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The Cascades facility shut down in February 2006, and put 375 employees out of work.


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