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Bowater to close kraft mill

U.S. forestry company Bowater Inc. is shutting down a pulp mill in Thunder Bay—a move that will put about 280 people out of work.

The South Carolina-based company announced yesterday it is closing the kraft mill at the end of April as part of a streamlining in the wake of a loss of $101.9 million (U.S.) for the fourth quarter.

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