The hearing on a 13.6 million dollar plan to bail out the company, originally scheduled for Wednesday, has been delayed.
About 160 people have been off the job since June, when financial problems forced the facility to shut down.
28 have remained on site to maintain the mill.
Three weeks after the shutdown, the company filed for bankruptcy. Since then, chairman Ed Paslawski has been working to secure new investors.
His plan to keep the mill going was supposed to be presented to a federal judge Wednesday.
That hearing’s now been moved to September 2nd.
Red Shield has been borrowing money for the last few weeks to cover its bills and keep the mill ready for startup. But that money is on track to run out by next Monday.
Now an emergency hearing to approve more financing, until at least September 2nd, is scheduled for Thursday.