Resolute rejects Repap Resources' bid for Fort Frances mill, says it will proceed with redevelopment

Resolute Forest Products says it has rejected a bid by a private investment group that was interested in purchasing the Fort Frances mill. (Jeff Walters/CBC)

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Resolute Forest Products has rejected a bid from a private investment group interested in purchasing the shuttered paper mill in Fort Frances, Ont., and says it will turn its attention to redeveloping the site.

That was communicated in a letter sent by the forestry giant to Fort Frances mayor June Caul on Monday.

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Source: CBC News

 

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