Will create 24 jobs to turn residual materials into a source of renewable energy.
Foresees merge with rival Tembec to create global producer.
Canadian Taxpayers Federation calls it “tax trickery,” and too expensive.
30 employees affected, production moving to NY and Laval.
Grand Rapids getting new equipment to increase efficiency.
Management integrating with Canfor Corp.
Flagging newsprint demand, price volatility and higher freight costs cited.
Previous plan failed to win support from lenders, unionized workers.
Kruger wants 10 years instead of five to pay back a pension deficit
Fibre producer balancing inventory with demand
Insolvent paper maker looking to avoid sale of assets.
Cascades Inc. says it no longer plans to close its containerboard mill in Trenton, Ont. – saving 130 jobs.
Paper products maker Cascades Inc. has bought three new Ontario storage and converting facilities for an undisclosed price.
Insolvent Catalyst Paper has reached cost-cutting labour agreements with unions representing more than 1,000 paper and pulp workers at three mills in BC.
Resolute Forest Products has purchased the idled co-generation operation at Dolbeau, Que., from Boralex for $5 million.