Monday, November 5, 2012

Resolute Records Profit

As employees its mill in Fort Frances are in the midst of a unscheduled shutdown, Resolute Forest Products is reporting profits of $31-million U.S. for the third quarter of this year.

That compares with a net loss of $44-million recorded in the same period last year.

More than 340 employees in the Kraft and Paper mills in the Fort are expected back at work next week.