https://www.pressreader.com/canada/the-hamilton-spectator/20220707/281818582537111
Resolute Forestry Products, known previously as Abitibi Price before they changed their name and were known for being dodgy af, has been sold to a privately held company headquartered in B.C. called The Paper Excellence Group.
It appears that as recently as November 2021, The Paper Excellence Group was headquartered in California, so they must've decided that California wasn't quite expensive enough so they should move their operations to the only place on earth more expensive.
The Paper Excellence group previously purchased Canada's Domtar company, and resolute will continue as a wholly owned subsidiary of Domtar. They also own Catalyst, another Canadian company.
Resolute Forestry Products, known previously as Abitibi Price before they changed their name and were known for being dodgy af, has been sold to a privately held company headquartered in B.C. called The Paper Excellence Group.
It appears that as recently as November 2021, The Paper Excellence Group was headquartered in California, so they must've decided that California wasn't quite expensive enough so they should move their operations to the only place on earth more expensive.
The Paper Excellence group previously purchased Canada's Domtar company, and resolute will continue as a wholly owned subsidiary of Domtar. They also own Catalyst, another Canadian company.
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