The Mersey Mill is shutting down on June 16, only this time there is no restart date. It was announced the mill would be indefinitely idled by parent company Resolute Forest Products.
© (File Photo: The Advance)
Executives of Resolute Forest Products, owner of the Mersey Paper Mill in Brooklyn (Nova Scotia) 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.
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.