Arizona lumber mill struggles to pay interest on $200 million in bonds
Restoration Forest Products plan to profit from thinning small pines from U.S. forests hasn't panned out. The company needs more cash for its sawmill.
Source: yahoo.com
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Restoration Forest Products plan to profit from thinning small pines from U.S. forests hasn't panned out. The company needs more cash for its sawmill.
Legacy Cares, which left construction contractors unpaid and had its bond trustee declare a default event, says a new debt sale will clear up its fiscal issues.