Forest industry analyst expects 'some good bids' for Resolute's Thunder Bay mill

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THUNDER BAY — A long-time forest industry analyst and consultant feels there's no need for people in Thunder Bay to be concerned about the future of the Resolute pulp and paper mill.

In July, Paper Excellence Group – a global diversified manufacturer of pulp and specialty papers – announced it was acquiring Resolute in a US$2.7 billion deal. Among its other acquisitions, Paper Excellence last year took control of Domtar, which operates the pulp mill at Dryden.

 

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