The prospective buyer of an idle Cape Breton paper mill says it will put up $40 million of its money, in addition to the purchase price, to get the facility operating again. Marc Dube, spokesman for Vancouver-based Pacific West Commercial Corp., says it will take a total of $80 million in working capital to get the mill, to be named Port Hawkesbury Paper, up and running, including a $40-million repayable loan from the province. That money will go to the various elements required for the mill to make glossy supercalendered paper for the magazine and catalogue market.
