GREY:FTPLF - Post by User
Comment by
OptsyEagleon May 27, 2011 12:57pm
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Post# 18635477
RE: RE: Headwinds
RE: RE: HeadwindsAt the sake of sounding almost negative, I would wiegh in with BN22. Fortress has already come out and indicated that they are having some challenges with their Lanquart facility.
https://www.fortresspaper.com/files/News_Release_Corporate_Update_May_6_2011.pdf
Currently they are experiencing over-capacity in the industry. Where this goes, no one knows, but let's face it, at the end of the day, the future for Fortress Paper is going to come from their Thurso mill. Even Thurso's co-generation energy business will provide a higher profit level then Landquart ever has.
The Dresden and Larquart operations are very interesting but the buck stops at Thurso. If Thurso does what is expected, it won't really matter what happens at Lanquart.