Thursday, August 30, 2012

Port Hawkesbury: Court Approves $2 Million for Restart

Court approves spending $2 million to quickly restart Port Hawkesbury Paper mill:
The Nova Scotia Supreme Court has approved Pacific West Commercial Corp.‘s request to spend $2 million to quickly restart the hot idled mill in Port Hawkesbury.
$500,000 will come from Pacific West Commercial Corp. and $1.5 million will be taken from the $15.8 million provincial fund that kept the mill in a hot idle state during restructuring.
The money will be used to ready the mill for a quick restart by bringing back workers, repairing equipment, and buying supplies.