Domtar (formerly Paper Excellence) has signed a purchase agreement with Cranberry Business Park Ltd. for the sale of the remaining half of its lands at the former Tis’kwat paper mill site in Powell River. “We are looking forward to contributing to the economic future of Powell River and the region,” stated Craig Austin and Thomas Ligocki, from Cranberry Business Park Ltd., in a media release. “With waterfront access and abundant energy sources, this site has so much potential. We are proud to be part of the revitalization of the city’s Historic Townsite, alongside our neighbour at Tis’kwat, the Tla’amin Nation.” “It was a priority for Domtar to find a buyer who would ensure that the lands continue to generate jobs and economic benefit for the broader community well into the future,” stated Carlo Dal Monte, vice-president, Domtar Legacy Assets.