Montreal, Quebec, October 7, 2011 - Tembec announced today that Pine Falls Develeopment Corportation (PFDC) has acquired the Tembec Pine Falls, Manitoba mill property and assets. PFDC is an investment project of NRI Global Inc, a company that acquires and manages assests throught North America


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NRI Global is a Private Investment firm that acquires assets in transition. The firm specializes in pulp and paper, energy, and resource transactions. NRI Global buys complete or partial offerings of plants, property, equipment, intangibles, and liabilities. NRI Global has operational expertise in environmental remediation, site redevelopment, heavy industrial services, and trade.