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2012-12-19 at 17:13

Possible deal in place soon for Marathon mill

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By tbnewswatch.com

MARATHON, Ont -- A deal may be on the horizon for the idle pulp mill in Marathon.

The facility has been mothballed since 2009 when co-owner Tembec went bankrupt.

According to Marathon Mayor Rick Dumas, agreements are in place with all parties involved. It's now just a matter of getting the papers signed.

Dumas said the Ministry of the Environment, as well as the former owner and Green Investment Group Inc. have reached a deal.

Tembec takes responsibility for any environmental issues on the site, including remediation. But once the deal is completed, those concerns will likely transfer to the Green Investment Group.


(Thunder Bay Television)

Tbnewswatch.com(0)

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