Forestry firms continue to send their investment dollars elsewhere
Premier Horgan argues forestry companies should reinvest their profits in value-added production in B.C.
Source: vancouversun.com
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Paper Excellence closes mill in Powell River putting 206 out of work
Paper Excellence is shutting down its Catalyst Paper mill in Powell River indefinitely putting 206 people out of work citing ongoing losses.
Source: vancouversun.com
Powell River paper mill shuts down operations indefinitely, over 200 workers impacted
The company says the contraction of global paper markets is partly behind their decision.
Source: cbc.ca
Powell River paper mill shuts down, 200 jobs affected
More than 200 mill workers in Powell River, B.C., are out of a job Wednesday after Paper Excellence announced the indefinite end of operations at its Catalyst Paper tiskwat mill.
Source: vancouverisland.ctvnews.ca
Jay paper mill owner reports $110M operating loss
In its first quarter earnings report released on Monday, Verso Corp., the Memphis, Tenn.-based owner of the Jay paper mill, posted an $88 million net loss and a $110 million operating loss, close to double what it was the same quarter last year.
Source: mainebiz.biz