Hundreds Return To Work At Terrace Bay Pulp Mill

Written by Ontario Newsroom on 05 October 2010

**From the Editor, sincere apologies to both Mr. Gravelle and Mayor King that the video formatting has unfortunately trimmed the top of the videos, try as I may this seems incorrigible. K.Hunter, Editor/Publisher OntarioNewsNorth.com

Photos Video courtesy OntarioNewsNorth.com; release from Ontario Newsroom.

Hope on the horizon; smoke comes from Terrace Bay Pulp once again as hundreds of men & women return to work. Photo by OntarioNewsNorth.com

October 4, 2010 2:35 PM

McGuinty Government Investing In Northern Forestry Sector

[cincopa AUDAuTKVEi8W] Ontario is helping more than 300 people return to work at the Terrace Bay Pulp Inc (TBPI) mill in Terrace Bay.

With financial support from the provincial government, TBPI will reopen its mill. TBPI has a significant economic impact in the region, providing direct jobs in the mill as well as supporting employment in woodlands operations and the transportation industries which supply the mill. The mill is recognized in the industry as producing one of the best premium reinforcement pulps in the world.

[cincopa AcJADSa0ES2X] This project is part of the Open Ontario plan to create jobs and to promote economic opportunities in Northern Ontario.

QUICK FACTS

The province is providing a conditional $25 million term loan to TBPI to help refinance the restart of the mill.
Since 2005, the government has made more than $1 billion available through various programs to assist the forestry sector over five years.
In 2008, the value of Ontario’s forestry sector products was $14 billion, $8 billion of which was pulp and paper products.