Ponderay Industries, LLC was formed following the purchase of the site in 2021, in anticipation of restarting the legacy papermill operation. At the time of its closure, the mill was one of the most modern and efficient mills in North America, capable of producing more than 220,000 metric tonnes per year of top-quality Newsprint paper. Since site closure and under the new ownership team, the paper machine has been maintained in a “run-ready” condition. Publication paper markets have since re