Tuesday, May 3, 2011

Buyer for Sapawe Mill

There's been a potential buyer found for the idled Atikokan Forest Products mill.

Eacom Timber Corporation of Montreal says it's entered into an purchase agreement with receiver PricewaterhouseCoopers for both the Sapawe mill and Northern Sawmills in Thunder Bay.

The purchases are subject to a number of conditions.

Eacom is also seeking a secure wood supply from the province for the Atikokan mill as well.