PLANT

News Forestry Manufacturing General
July 28, 2017  

Tembec shareholders approve takeover by Rayonier

Overwhelming 95% in favour of the $1 billion friendly offer.

News General
July 24, 2017  

Rayonier ups offer for Tembec, wins support from deal opponents

Oaktree Capital and Restructuring Capital now onboard for $4.75 per share.

News Forestry Manufacturing General
July 19, 2017  

Tembec warns of risk stock price will fall if takeover rejected

Two largest shareholders oppose the deal; looking for a higher offer price.

News Forestry Manufacturing General
May 26, 2017  

Rayonier vows to ‘come to bat’ for Tembec in softwood battle

Merged company will keep Canadian headquarters in Montreal.

News Forestry Manufacturing Business Operations General
May 25, 2017  

Rayonier makes US$807M friendly takeover offer for Tembec

Proposed takeover requires approvals from courts, regulators and shareholders, and is expected to close in the second half of 2017.

News Forestry Manufacturing General
May 3, 2017  

Tembec CEO expects high lumber prices will prevent layoffs for now

But situation could change in Quebec if prices fall during the end to the home construction season.

News Energy Forestry Government Manufacturing General
March 27, 2017  

Tembec expects $55M from Quebec big user electricity rebate program

A $136 million capital investment in Temiscaming specialty cellulose plant qualifies it for about 40%.

News Forestry Government Manufacturing General
February 2, 2016  

Tembec suspends operations at Senneterre sawmill

Closing begins Feb. 8, 148 jobs affected by weakness in softwood, high costs.

News Forestry Manufacturing Pulp & Paper Business Operations General Operations Production
December 11, 2014  

Tembec reaches settlement at Temiscaming Site

Deal with 650 unionized workers expires in Sept. 2018.

News Forestry Manufacturing Pulp & Paper Business Operations General Operations Production
November 28, 2014  

Strike shuts down Tembec’s Temiscaming manufacturing complex

A four-year collective agreement expired on Sept. 30.

News Forestry Manufacturing General
November 20, 2014  

Tembec workers in Quebec reject last company offer

Serves as a strike mandate if employer remains ‘intransigent’: Unfor.

News Construction Forestry Manufacturing Pulp & Paper Business Operations General Operations Production
April 30, 2014  

West Fraser tops global softwood lumber production, but Canfor narrows gap

International Wood Markets survey says overall global softwood production grew by only 2%.

News Pulp & Paper General
March 10, 2014  

Tembec sells its pulp mill in Chetwynd, BC

Paper Excellence will restart the operation, shut down since September 2012.

News Forestry Pulp & Paper Production
November 13, 2013  

Fortress Paper says Chinese duties will harm Canada's pulp sector

Fortress, Tembec and two other Canadian producers are currently paying a 13% levy to supply China.

News Energy Manufacturing Pulp & Paper Business Operations Facilities Maintenance Operations Production Sustainability Technology
September 23, 2013  

Tembec secures additional funding for cellulose project at Quebec site

The company expects cogeneration project to improve annual adjusted EBITDA by $48 million.

News Forestry Business Operations Operations Production Sustainability
April 29, 2013  

Tembec’s Q2 losses double to $26M; Temiscaming costs up

Company says the cost to upgrade its specialty cellulose mill in Quebec has jumped by 24%.

News Pulp & Paper Business Operations Production Sustainability
March 26, 2013  

Tembec to sell NBSK pulp mill for $89 million

Skookumchuck, BC mill manufactures pulp for tissue applications.

News Manufacturing Business Operations Facilities Maintenance Operations Production Sustainability Technology
November 19, 2012  

Fortress aiming to become dissolving pulp powerhouse

Foresees merge with rival Tembec to create global producer.

News General
December 6, 2011  

Canfor shutters two BC sawmills

Canfor Corp. has decided to close two BC sawmills, idled following the collapse of the US residential housing market in 2008, but it is investing $300 million in other facilities.

News Manufacturing Business Operations Operations
November 22, 2011  

Tembec sells flooring business for $13M

Forest products company Tembec is exiting the hardwood flooring business as it shutters a 108-year operation in Huntsville, Ont., and sells another facility in Toronto to a private company for $13 million.

News Operations Sustainability
November 16, 2011  

Lower Chinese lumber, pulp demand until mid 2012: Tembec

Forest products company Tembec says that Chinese demand for Canadian lumber and pulp has peaked and will remain soft throughout the winter.

News Forestry Manufacturing Business Operations Operations Technology
September 8, 2011  

Tembec secures $75-million loan for capital investment at Temiscaming plant

Forest products producer could invest more than $300 million by 2015 to modernize plant

News General
January 11, 2011  

Tembec investing $25.7M in Matane pulp mill

Tembec is investing $25.7 million in a high-yield pulp mill located in Matane, Que. thanks to funding from the federal and provincial governments.