Monday, March 15, 2021

Ponderay Newsprint mill may go at auction

Ponderay Newsprint mill (Washington state) may be sold at auction in April, according to court records, the Spokesman-Review reported.

On March 18, a federal bankruptcy judge will consider a motion by Trustee John Munding to sell the property at an April 23 auction.

The 927-acre property  was listed for sale in late 2020 for $11.5 million, says the paper.

The mill’s owners filed for Chapter 7 bankruptcy and shuttered the mill in June.

News & Tech

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