LONGUEUIL,QC, May 25, 2011 /CNW Telbec/ - Mr. Pierre Gabriel Côté,
President and CEO of Fibrek, is pleased to announce that the members of
the Communications, Energy and Paperworkers Union of Canada (CEP, local
24-Q) have voted in favour of a new collective bargaining agreement
based on the agreement in principle concluded last April 29. The new
labour conditions are retroactive to May 1, 2009 and will be effective
until April 30, 2014.
"This agreement is the result of a long process. The negotiations
unfolded in a climate of respect, cooperation and transparency that
reflects our corporate values. I applaud the openness and pragmatism
shown by the union representatives throughout the negotiations.
Together, we concluded an agreement that meets both parties' needs",
said Mr. Côté.
The agreement contains several measures to improve the mill's
productivity. The parties will work closely to implement the
agreed-upon terms and conditions, in particular to achieve greater
flexibility in the maintenance department, to reorganize the workforce
and to improve employee training and development.
"After successfully completing this process, I believe that Fibrek is
now stronger and better positionned to face its challenges. I thank and
congratulate both negotiating teams for their hard work and
constructive discussions leading to this agreement. It takes into
account the particular context of our industry and sets the foundations
to continue building a successful, competitive and sustainable
organization", concluded Mr. Côté.
Fibrek (TSX: FBK) is a leading producer and marketer of high-quality
virgin and recycled kraft pulp. The company operates three mills located in Saint-Félicien, Québec,
Fairmont, West Virginia, and in Menominee, Michigan with a combined
annual production capacity of 760,000 tonnes. Fibrek has approximately
500 employees. The Saint-Félicien mill provides northern bleached
softwood kraft pulp (product known as NBSK pulp) to various sectors of
the paper industry mainly in Canada, the United States and Europe, for
use in the production of specialized products. The Fairmont and
Menominee mills manufacture air-dried recycled bleached kraft pulp
(product known as RBK pulp) and primarily supply manufacturers of fine
uncoated paper, tissue paper for commercial and industrial uses, and
coated paper in the United States.
SOURCE FIBREK INC.
For further information:
| Media Relations: || Dany Paradis || (450) 442-8882 |
| || Vice President, Change Management and Supply Chain |