Tembec Inc. announced that it has closed the sale of its pulp mill and related assets located in Chetwynd, British Columbia (Canada) to Paper Excellence Canada Holdings Corporation for a nominal amount.
The Chewynd mill had been shut down since September 2012. Approximately 80 employees are included in the transaction.
Tembec acquired the pulp mill in 2002 from Louisiana-Pacific Canada Pulp Co. and Louisiana-Pacific Ltd. The mill has an annual production capacity of 240,000 tonnes.
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