North America Corner Brook makes fresh investments 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email MOST READ Global Spin-off transforms CPH landscape Unveiling new paths for growth and focus June 25, 2024 Europe & Central Asia New tissue production plans at Shotton Paper Mill Shotton Mill proposes expansion June 27, 2024 Corner Brook makes fresh investments Canadian firm secured funding from local authorities.   ..To read the rest of this article, please login with your CW Group Single Sign-On first. If you do not already have a CW Group account, please register. The vice-president and general manager of Corner Brook Pulp and Paper says the mill has gotten off to a great start with the long-term sustainability plan facilitated by a $110-million loan from the provincial government. Kruger, the paper mill's Montreal-based parent company, and the provincial government signed the financial agreement to help the mill back in February. Ric Tull said the money has been used to restructure the mill's debt and three capital works projects have been started or finished so far this year with a fourth is about to commence. He would not discuss the breakdown of just how much went towards making the paper company's debt financing more competitive, but said securing the debt was an integral part of moving ahead with the sustainability plan. Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline
