Kruger temporarily suspends production at Corner Brook Pulp and Paper over steam issue
Corner Brook Pulp and Paper said Friday that it was temporarily halting operations at its western Newfoundland mill.
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Corner Brook Pulp and Paper said Friday that it was temporarily halting operations at its western Newfoundland mill.
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In 2014, the Newfoundland and Labrador government approved a $110-million loan to help save the struggling newsprint mill in Corner Brook. That figure is now $117 million, as interest has accumulated. As Terry Roberts reports, Kruger Inc., the parent company of the Corner Brook Pulp and Paper Ltd., will not comment on why.
A $110-million government loan in 2014 helped save the struggling newsprint mill in Corner Brook, N.L., but the owners have not made a payment for years, and the balance is swelling as interest accumulates.