The Provincial Government has come forward with a $1.5 million
grant and a conditional loan guarantee of $12.7 million to reopen the
former Cascades Mill in Thunder Bay.
Thunder Bay Fine Papers will re-start the mill to produce high-end
coated printing paper.
The investment will lead to the creation of 340-direct jobs and several
hundred jobs in harvesting, transportation and service industries.
The money comes from the Liberal Forest Sector Prosperity Fund.
Funding to Re-Open Thunder Bay Mill
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