Smurfit-Stone Talking with Buyer for Frenchtown Paper Mill
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Smurfit-Stone Container Corp., Missoula, Mont., is releasing few details about its talks with a potential buyer for its Frenchtown paper mill site. Company officials did not disclose the potential buyer's name or the buyer's plans for the site.
About 400 people lost their jobs when the Frenchtown paper mill stopped operating in January. Smurfit-Stone emerged from Chapter 11 bankruptcy in June.
The company reportedly had eight offers from interested buyers. A business development official in Gov. Brian Schweitzer's office indicated that the buyer in question does not appear to be doing anything paper-related with the mill.
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