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Port Hawkesbury Paper seeks to diversify product base, looks at bioeconomy, sugar technology

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Port Hawkesbury Paper seeks to diversify product base, looks at bioeconomy, sugar technology

May 17, 2013 - 07:41
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PORT HAWKESBURY, NS, May 17, 2013 (Local News) -Just as groups in the Strait area are looking for ways to diversify its economy, the region's largest employer is looking to diversify the products it manufactures.

Since restarting the former NewPage paper mill in Point Tupper in October, Port Hawkesbury Paper has been looking to expand its product line.

The year-long closure of the mill following its former owning filing for bankruptcy protection prompted some soul-searching among local municipal, business and development officials about the need to further diversify the region's economy. While the mill did reopen after obtaining financial assistance from the province and a negotiated power rate structure, only one of the mill's two paper machines has been restarted and it employs about half as many people as it did prior to shutdown.

Cape Breton Post - Port Hawkesbury Paper looks to diversify products it manufactures

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