Sunday, January 1, 2012

Pope & Talbot Halsey mill back in business - Atlanta Business Chronicle:

zyluzugizovota.blogspot.com
Cascade Pacific Pulp LLC, the mill's new owners, said in a news releasr Tuesdaythe mill's operationa have resumed after seven weekas of laying dormant. "It is great to have the employeesw back and the mill inoperation again," Wayne Henneck, Cascader Pacific's president, said in a news The mill shut down on May 9 when Pope & the bankrupt Portland-based paper products transitioned from Chapter 11 reorganization to Chapter 7 liquidation On June 20, Minnesota-based made a winning $31.
15 million cash bid for the mill in the secons of two bankruptcy Wayzata, an investment firm with $5 billioh under management, created Cascade Pacific Pulp as a wholl y owned subsidiary to run the mill. It appointed who was general manager of the site undeerPope & Talbot, as president. Operations resumex June 27 with Cascade hiring most ofthe mill's formere employees, the company said in the news The mill employs about 150 people and has the capacitty to produce 180,000 tons of bleached and unbleached pulp per year for use in variousx paper products and building The pulp is shipped to customerx across the United States and in Asia and

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