Monday, July 16, 2012

Pacific West Wants Post Hawkesbury Running in September


The prospective buyer of a shuttered paper mill in Cape Breton is eager to get the deal wrapped up by Aug. 31 to avoid missing a lucrative season for paper orders, the court-appointed monitor handling the sale said Thursday.
Mathew Harris of Ernst & Young said Vancouver-based Pacific West Commercial Corp. could get the NewPage Port Hawkesbury mill back in operation immediately if all goes as planned.
"Pacific West really needs to get this going by the first of September because it's the key season for placing orders for (supercalendered) paper," Harris said in an interview.