Sault Ste. Marie

More than 400 business leaders from across the North celebrated the 28th Annual Northern Ontario Business Awards on Thursday September 25th, 2014 at the Comfort Suites and Quattro Conference Centre in Sault Ste. Marie .

Essar Steel Algoma has received final approval for its refinancing plan. The Ontario Superior Court of Justice approved Essar’s Plan of Arrangement, deeming it fair under the Canada Business Corporations Act.

The Sault Ste. Marie Innovation Centre will play host to an energy conference in November. Energy Opportunities Conference: Making Things Happen! will take place Nov. 4-6.

A former building on the St. Marys Paper mill site in Sault Ste. Marie is being repurposed as an event venue.

FedNor announced an injection of $1.2 million into the Northern Ontario economy. The biggest single chunk will go to Sault Ste. Marie for streetscape improvements in its downtown core.

Massachusetts-headquartered Agero Inc. has said it will hire hundreds of new employees in 2014 across its four regional sites, including its Canadian call centre in Sault Ste. Marie.

Essar Steel Algoma and a group of unsecured noteholders have agreed to a restructuring plan to refinance the money-losing Sault Ste. Marie steel maker.

Essar Steel Algoma has reached an agreement in principle for its refinancing. The agreement is with Essar Global Fund Ltd.

It was rare for J.R. Pierman, president of the Sault Ste. Marie marketing firm Lucidia, to come across other Saulites working in the industry. So when he heard that a guy named Blake Armstrong, who hails from nearby St.

Sault Ste. Marie got an injection of cash to make improvements to its downtown core. The Northern Ontario Heritage Fund Corp.