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Thunder Bay Pulp and Paper acquired the Thunder Bay mill from Resolute FP Canada

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Aug 11, 2023
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Thunder Bay Pulp and Paper Inc., under the umbrella of Atlas Holdings, has acquired the Thunder Bay Mill in Ontario from its former owner, Resolute FP Canada Inc. This mill, renowned for producing a diverse array of paper and pulp products, especially for newsprint and directories, has now transitioned under the subsidiary of Atlas Holdings. Located in the northwestern region of Ontario, the mill boasts a rich operational history of over 100 years.

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Kent, who has been with the company since 2019, first as its General Manager, has now taken the helm as the President of Thunder Bay Pulp and Paper Inc. Embracing his new role, Kent Ramsay envisions a collaborative future with the Atlas group and the Thunder Bay community, aiming to uphold and enrich the legacy of the mill.

Daniel Merriam, Principal at Atlas Holdings, expressed his enthusiasm for this new chapter, highlighting the value the Thunder Bay team brings to the expansive Atlas family. Atlas Holdings, established in 2022 with its headquarters in Greenwich, Connecticut, spans across multiple industries globally, owning approximately 27 companies.

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In a strategic move, Randy Nebel, with an impressive career that includes roles as the President and CEO of Verso Corporation and Chairman of the Board of Crown Paper Group, has been named the Chairman of the Thunder Bay Pulp and Paper Board of Directors. His vast experience, coupled with his insights from supporting Canadian ventures, brings a wealth of knowledge to the table. Nebel emphasized the board's commitment to propelling Thunder Bay Pulp and Paper into a new era of business while ensuring a strong partnership with the Thunder Bay community.

According to Procurement Resource, Thunder Bay Pulp and Paper Inc., affiliated with Atlas Holdings, has acquired the Thunder Bay mill, Ontario, which was previously operated under Resolute FP Canada Inc. With its new partner, the company aims to strengthen the paper and pulp industry and work on its progress with its vast knowledge and expertise in this domain. Atlas Group of Companies stays to work as one of the most reliable partners, upbringing profits and business solutions for their subsidiary firms.

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