Stora Enso is talking to possible buyers about the sale of the assets at its Newton Kyme mill in Yorkshire.
This follows the recent confirmation of its closure (PrintWeek, 5 January). Stora decided last year to close the plant with the loss of 170 jobs as it was no longer commercially viable.
The main reason behind the closure was the strength of sterling and the costs of upgrading the mill.
Around 20 staff will remain in place at the site until the end of March, including mill manager Jim Smith.
Smith said he would "probably take retirement" at that time.
Stora Enso declined to comment about whom it was discussing possible asset sales with.
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"Sorry to read this, a big name to go down, hopefully a lot of the £1.8M was insured. We are recruiting operational staff & currently in-talks to assist the clients with immediate requirements."
"£1.8m !! Very big numbers indeed."
"Now black really is white. Ditching a product line with all its consequences for customers is now an award winning move. Priceless!"
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