Sault Ste. Marie Feature

St. Marys Paper Corp. in Sault Ste. Marie went into receivership Jan. 29 and a buyer is currently being sought by Ernst & Young, the manager and receiver appointed to deal with its assets.
Receiver seeks buyer for St. Marys Paper

Receiver seeks buyer for St. Marys Paper Lindsay Kelly A buyer is being sought for the troubled St. Marys Paper Corp. in Sault Ste. Marie, which went into receivership Jan. 29. Alex Morrison, a senior vice-president for Ernst & Young, the court-appointed firm chosen as receiver and manager for the 1

Sault Ste. Marie News

Approval expected this week for sale of St. Marys Paper
Approval expected this week for sale of St. Marys Paper Lindsay Kelly Approval is anticipated this week to move forward with a sale process of St. Marys Paper in Sault Ste. Marie. A buyer is being bought for the struggling mill after it went into receivership Dec. 29. The Ontario Superior Court of Justi
Receiver seeks buyer for St. Marys Paper
Receiver seeks buyer for St. Marys Paper Lindsay Kelly A buyer is being sought for the troubled St. Marys Paper Corp. in Sault Ste. Marie, which went into receivership Jan. 29. Alex Morrison, a senior vice-president for Ernst & Young, the court-appointed firm chosen as receiver and manager for the 1
Sault paper maker placed in receivership
Sault paper maker placed in receivership Northern Ontario Business staff Is this the last stand for St. Marys Paper? After emerging from bankruptcy protection in 2007, the century-old Sault Ste. Marie glossy paper maker is in trouble again. The company was placed into receivership in an Ontario Supe
Construction bustling in Sault Ste. Marie
Construction bustling in Sault Ste. Marie Gateway to prosperity Lindsay Kelly Sault Ste. Marie's abandoned Northern Breweries site may see new life in the next few years. Gateway Properties Inc. is queueing up its newly purchased property for a 200-unit condo development which has a twisted structure un
• Guide offers advice on forest products
• Terrafact, First Nation partner on forest management venture
• Sault brothers scratch their way into chicken wing success.
• Science, tech converge at Algoma U
• Immigration services helping newcomers
• College addition reflects Northern experience
• Could Sault be site of Ring of Fire processing?
• Sports tourism puts Sault Ste. Marie in the spotlight
• Sault green-tech company markets line of concrete, asphalt form release agents
• Sault Ste. Marie contractor-paver opens aggregate operation


Sault Ste. Marie Community Profile

Quick Facts  2010 Municipal Tax Rate 

Population: 74,948

Location: 300 km west of Sudbury, on Great Lakes and U.S. Border

Main industries: steel, paper, forestry, green energy 

www.sault-canada.com

 Commercial occupied: 0.0461
Industrial occupied: 0.0539
Target Growth Areas  Real Estate 

Steel products

Alternative energy

Component manufacturing

Transportation infrastructure

Average cost of a single home: $148,900
 Developments for 2011  Top 5 Employers 

New Sault Area Hospital

Expansions to Sault College and Algoma University

Construction of the Invasive Species Centre

Solar Farms (city total will generate 50MW)

Huron Central Railway to undergo major improvements

Essar Steel Algoma: 3,400 employees

Sault Area Hospital: 1,905 employees

Algoma District School Board: 1,361 employees

Corporation of the City of Sault Ste. Marie: 1,313 employees

Sault College: 940 employees


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