Tuesday, June 19, 2012

Bowater Mersey Assets Valuable, Sale Unlikely


Potential buyers may be quietly eyeing timberland, power facility
A forestry analyst says it’s highly unlikely the Bowater mill will rise again to make newsprint, but Resolute Forest’s timberlands and power facility are part of a “very desirable asset class.”
Another paper mill is unlikely to rise from the ashes of the Bowater Mersey newsprint facility, a forestry analyst says.