ESPANOLA, Ontario — A property redevelopment company has bought the shuttered pulp and paper mill in Espanola, a year and a half after Domtar indefinitely idled the plant and cut 450 jobs. Tillsonburg-based BMI Group announced the acquisition on Thursday, while Domtar says the closing of the sale is still “subject to customary regulatory approvals.” …The Espanola mill still has 32 employees who have continued to manage and maintain the site. BMI Group says it’s ready to start retooling the infrastructure for new uses. The company said it has successfully done this at properties in Ontario, Quebec and Michigan.  He says they are definitely focused on what opportunities there are to continue processing forest products there, including paper or new kinds of biofuels. Like other former mills the company has bought, there are “environmental challenges” including an on-site landfill that they’ll need to work with the province on executing a “closure plan.”

• Northern Ontario Business: Shuttered Espanola mill may have a buyer in BMI Group