Another Buchanan sawmill has entered bankruptcy proceedings. McKenzie Forest Products filed for bankruptcy protection on April 26th, after learning the Hudson sawmill had not secured a wood supply from the province. Meantime, work continues on the proposed purchase of the former Atikokan Forest Products mill. A scheduled hearing in Toronto will again look at the possible transfer of a forest license to Eacom Timber of Montreal.
Thursday, May 12, 2011
Buchanan Sawmill enters bankruptcy protection
Another Buchanan sawmill has entered bankruptcy proceedings. McKenzie Forest Products filed for bankruptcy protection on April 26th, after learning the Hudson sawmill had not secured a wood supply from the province. Meantime, work continues on the proposed purchase of the former Atikokan Forest Products mill. A scheduled hearing in Toronto will again look at the possible transfer of a forest license to Eacom Timber of Montreal.