Tuesday, October 5, 2010

A sign of recovery in NWO forest industry

It's a big day in Terrace Bay.


The community's main employer is back in business.

Terrace Bay Pulp is making pulp again putting 300 people back to work.

It came after it's parent company, Buchanan Forest Products of Thunder Bay, managed to bring it out of creditor protection.

The provincial government kicked in a 25 million dollar loan to help refinance the start up