Monday, June 16, 2008

Harmac Future Still Undecided

No Decision Yet on Harmac Sale

The local press reports that any decision as to the future of Harmac mill will not be known until July 7.

The receiver reports that there are several bids being considered but it will take more time to consider all of the details before coming to a conclusion.

Local employees of the now idle mill had submitted an offer to buy the mill and are reported as saying they will take the time to fine tune their business plan.

So the uncertainty which has surrounded the mill for many months now will continue until July 7.

Western Forest Products has been ordered to continue its commitment to supply wood fibre to Harmac mill until the next hearing on July 7.

allvoices

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