Fortress Paper Ltd.

For contrarian Chad Wasilenkoff, a nose for overlooked potential led him to a pulp mill in Thurso. Bert Hill reports for The Ottawa Citizen. OTTAWA — From golf courses to art auctions and old mill towns, value can hide in unexpected places. Just ask Chad Wasilenkoff, the 38-year-old chief executive officer of Fortress Paper Ltd. When he was a child in Calgary he built a savings account fishing golf balls out of ponds and buying and sel...

When life deals you pulp, you make cellulose. Learn how to recognize business opportunities, then reach out and grab them. Any business needs a coherent strategy if it hopes to succeed. However, in a climate where marketplace and financial changes are becoming ever more rapid, clinging mindlessly to a strategy can be a recipe for disaster. Simply put, companies today must be more agile in their thinking to take advantage of business opportunit...

While "pulp fiction" may resonate with the hearts and minds of people, the wood pulp business sector sometimes results in a "hollow" response. While readers would not be able to turn the pages of their pulp fiction books or enjoy their cotton and rayon clothing without their wood pulp brethren, the pulp sector is often looked upon as sleepy. Yawning all the way to the bank While the pulp sector may appear quiet, the market players are "yaw...

There's a new kid on the block and he's playing by a different set of rules. Brimming with confidence, enthusiasm, and steadfast resolution to succeed, Fortress Paper offers a fresh perspective for Canada's pulp and paper sector. With its recent acquisition of the idled Thurso pulp mill located in the Outaouais region of western Quebec, Vancouver-based Fortress Paper plans not only to make a splash on the market, but a significant profit, too....

TORONTO -- Fraser Papers has completed the sale of its two Canadian mills, located at Thurso, Que. and Edmunston, N.B., in two separate transactions, leaving the insolvent paper company with no Canadian pulp and paper operations. The Thurso mill was sold to Fortress Paper. The Edmunston facility was sold as part of the specialty papers business, along with a mill in Madawaska, Maine, and two New Brunswick sawmills, to Twin Rivers Paper Company...