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Celgar owners show big income boost

Further signs that the forestry industry is perking up.

Mercer International which owns the Celgar pulp mill in Castlegar has posted much improved figures compared to a year ago.

They report first quarter net income of $21 million. That follows a slight loss in the same period a year ago.

Pulp prices are better and production was strong at all three of their mills.They have two operations in Germany.

Fiber costs at Celgar decreased compared to the same quarter in the prior year as a result of strong sawmill activity in the region.

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