A pivot for Kap Paper

By Nicole Stoffman
The Timmins Daily Press
October 31, 2025
Category: Business & Politics
Region: Canada, Canada East

Kap Paper will pivot to energy-generation, bio products like engineered wood, higher value paper and packaging products to withstand US tariffs and the declining demand for newsprint. …Kap Paper CEO Terry Skiffington was speaking to a gathering of civic leaders and mill workers for an in-person announcement of $10 million from the federal government, that, combined with another $16.8 million from the province, will allow the mill to keep operating while it comes up with a future business plan. …After announcing a “phased restart” Oct. 17, Skiffington confirmed Friday all of the mill’s 300 employees are back at work. …Rebuilding the mill to produce bio resource energy such as green hydrogen, and diversifying to produce solid wood products will cost in the hundreds of millions, Skiffington said. …Timmins MP, Gaetan Malette said the funding has likely saved the sawmills in Calstock, Hearst, Kapuskasing, Cochrane, Kirkland Lake, Chapleau and Timmins.

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