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Fraser Papers to Restart Edmundston Pulp Mill

Aug. 12, 2009 - Fraser Papers last night said that Communications, Energy and Paperworkers Union Local 29 in Edmundston, New Brunswick, Canada has ratified an agreement that will see the Edmundston pulp and energy complex return to full operation over the next few weeks.

Members of Local 29 voted last night to approve the collective agreement presented by Fraser.

Fraser said that the three-year agreement provides for a more competitive labour cost structure with future wage increases tied directly to the profitability of the company's East Papers Operations.

"We are pleased that we could reach an agreement that better positions the mill to be competitive in these difficult market circumstances and into the future," said Peter Gordon, Fraser's CEO.

"I would like to thank all involved for their hard work during these sometimes difficult negotiations including mill management, our hourly employees, local politicians and particularly Premier Shawn Graham for providing the leadership, focus and a path forward to the community and employees at a most critical time," Gordon added.

Fraser will begin work today related to restarting the mill and expects the restart to happen during the week of August 30.

Fraser said it is actively working with suppliers to secure fiber and other raw materials to ensure a smooth restart.

Fraser Papers is an integrated specialty paper company which produces a broad range of specialty packaging and printing papers. The company has operations in New Brunswick, Maine, New Hampshire and Quebec.

SOURCE: Fraser Papers Inc.




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