The story of Manistique Papers has been a long and involved one. The latest development is that it is now being sold to a company, MPI Acquisition, LLC, which, as you might guess from the name, was formed specifically to buy the paper mill.
Excerpt: Manistique Papers is being sold. MPI Acquisition, LLC has reached an agreement to purchase the assets of Manistique Papers which filed for Chapter 11 bankruptcy last August.
Terms of the sale have not been disclosed.
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Source: UpperMichigansSource.com
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