Thursday, June 14, 2012

BREAKING: Future Of Bowater Uncertain

Premier Darrell Dexter is suggesting there will be a development concerning the future of the Bowater Mersey pulp and paper mill in Queens County. Dexter wouldn't reveal details today when asked if a closure was coming, but says the management of Resolute Forest Products should be making a statement soon. CKBW/HANK FM is working to contact officials from Resolute Forest Products. Dexter was the quarterback of a $50 million bail-out package in December aimed at saving the troubled mill in Brooklyn, Queens County. Dexter says none of the money advanced to Resolute Forest Products from the province has been spent. The mill hasn't been on stable ground since the bailout package was announced and has been forced to call for several temporary closures. The mill in Brooklyn shut down last month and is due for another temporary closure on June 17th, marking the third and fourth time the mill has called for down time since December. We'll have more on this developing story as information becomes available.