Kenora Forest Products is For Sale Following Owner’s Bankruptcy Filing
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Kenora Forest Products for sale after owner files for bankruptcy
Kenora Forest Products for sale after owner files for bankruptcy
Kenora Forest Products, located in Kenora Ontario is for sale. The Ontario sawmill has been shut down since September, affecting about 115 workers. The sawmill sale is the result of their parent company, Prendiville Industries of Winnipeg, filing for bankruptcy earlier in December. Prendiville cited a weak market for lumber and a 20% duty deposit on softwood exports to the U.S. as the reason for their bankruptcy and the sale of the sawmill.
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