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Corner Brook Pulp and Paper implements measures to add revenue sources

Corner Brook Pulp and Paper implements measures to add revenue sources
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UBL earnings soars - PKKH tv

UBL earnings soars - PKKH tv
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Shree Ajit Pulp and Paper Ltd resumes production process at Unit I

Shree Ajit Pulp and Paper Ltd resumes production process at Unit I
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Corner Brook mill got a lifeline of a loan years ago — but hasn t made a payment in years

In 2014, the Newfoundland and Labrador government approved a $110-million loan to help save the struggling newsprint mill in Corner Brook. That figure is now $117 million, as interest has accumulated. As Terry Roberts reports, Kruger Inc., the parent company of the Corner Brook Pulp and Paper Ltd., will not comment on why.

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Big government loan helped save Corner Brook newsprint mill, but owners not making payments

A $110-million government loan in 2014 helped save the struggling newsprint mill in Corner Brook, N.L., but the owners have not made a payment for years, and the balance is swelling as interest accumulates.

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