Fraser Papers exits Canadian scene after six years

摘要

TORONTO - Fraser Papers has completed the sale of its two Canadian mills, located at Thurso, Que. and Edmunston, N.B., in two separate transactions, leaving the insolvent paper company with no Canadian pulp and paper operations.The Thurso mill was sold to Fortress Paper (see page 8 for details). The Edmunston facility was sold as part of the specialty papers business, along with a mill in Madawaska, Maine, and two New Brunswick sawmills, to Twin Rivers Paper Company. Twin Rivers was formed by creditors of Fraser Papers.