The idled plywood and waferboard mills at Longlac Wood Industries have been acquired by a group including the Municipality of Greenstone, Ginoogaming First Nation and private investors.
The new company is to be called Kenogami Industries.
There is no word yet on when the operation, which made furnitureproducts under Kruger, might go back into production.
About 130 workers were laid off in January when it stopped operating.
In their heyday, the two mills employed up to 400 people.
