Wood Business

Industry News News
Old mill site could make pellets

July 19, 2013 – Things are looking promising for Illinois-based Green Investment Group to take over an abandoned pulp mill in northwestern Ontario.

The sale of the former Marathon Pulp mill from Tembec to Green Investment Group Inc. (GIGI) was finally signed off by the Ontario Ministry of Environment (MOE) in late May.

With the sale agreement approved, the focus can now shift for GIGI toward finding the right tenants for the site and Protocol Energy of Toronto, a wood pellet manufacturer, is one potential tenant.

Most of the company’s attention has been devoted to surveying the site to see if the main buildings have to be razed.

For the full article visit, northernontariobusiness.com.