Friday, September 30, 2011

Sawmill auctioned for scrap

It's another sign of the region's slagging forest industry.  Today is the second and final day for an auction that will sell off the assets of Buchanan's Northern Sawmill in Thunder Bay. Everything at the waterfront mill is being sold for scrap to anyone that's interested.  The money will be used to pay off secured creditors who were left unpaid when the  sawmill went to a financial abyss.