Resolute Sells Fort Frances Pulp Mill to Developer
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Resolute Forest Products has sold its pulp and paper mill in Fort Frances, Ontario, according to town representatives.
In a statement posted on its Facebook page, the Town of Fort Frances confirmed the sale to a subsidiary of Riversedge Developments, held in partnership with a local entity.
According to its website, Riversedge Developments bills itself as a “restorative development company specializing in the integrated revitalization of industrial properties.”
The mill has been idle since 2014, the Town of Fort Frances was at odds with Resolute earlier this year about whether or not the mill would be restarted.
More information is available in the full article avaiable from Pulp and Paper Canada.