Shuttered Flambeau Paper Mill finds Buyer

The management group of CellMark recently announced their intent to purchase the Flambeau Paper mill in Wisconsin. This mill was shut down in March as a result of the current owner, SMART Paper, chapter 11 financial status. CellMark, together with Johnson Timber Company will buy the mill and CellMark would market the output. New mill will be called Flambeau River Papers. If successful, the mill would start back up in late this summer.