Kenora Forest Products up for sale: Manitoba parent company files for bankruptcy.

• Date: 01 February 2020

The insolvent owners of Kenora Forest Products have placed the northwestern Ontario sawmill on the selling block.

Prendiville Industries, the Manitoba-based parent company of the mill, filed for bankruptcy on Dec. 5.

A process has begun to sell the operation to new ownership to restart the mothballed mill or liquidate its assets if nothing materializes.

The Kenora mill was the last operating asset of the privately-owned Winnipeg-headquartered company.

Prendiville's other operations in Manitoba--Prairie Forest Products, Norwest Manufacturing, Ryan Forest Products--were either permanently shuttered or sold in recent years.

Ernst & Young, the court-appointed trustee, is handling the bankruptcy process. Cafa Corporate Finance...