Executives of Resolute Forest Products, owner of the Mersey Paper Mill in Brooklyn met with union and management representatives today, June 15.
On Thursday, the company confirmed it had not used any of the $25 million they were loaned, saying they could not find any upgrades that would make the mill viable in the long run.
- Read more special articles :
- - Premier putting transition team in place
- - Statement from Premier Darrell Dexter
- - Resolute looking to sell off mill
In December, the provincial government announced a $50 million package to keep the company from closing. Half was earmarked for upgrades and training, while the other half was for land purchases from the company from around South West Nova Scotia.