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Celgar owners post strong numbers

Higher pulp prices and reduced cost for fiber spells good news for the company that owns the Celgar pulp mill in Castlegar.

Mercer International is reporting a 117% increase in gross earnings year-over year.

They made $240 million in 2014 compared to $110 million in 2013.

The company also saw a 6% rise in their 4th quarter compared to Q3.

They also own two mills in Germany.

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