RICHMOND, BC, April 20 /CNW/ - Catalyst Paper announced today that the
United Steelworkers (USW) Local 2688 and the International Brotherhood of
Electrical Workers (IBEW) Local 518 representing 233 hourly employees at the
Snowflake mill have ratified the company's proposed extension of the current
Labor Agreements through February 28, 2011. The current Labor Agreements were
set to expire on March 1, 2010.
The contract extension reinforces Snowflake's operational stability in
the face of a very challenging economy and weak newsprint markets. In general,
the ratified proposals extend the current wage rates, benefit levels and
benefit premium cost sharing through February 28, 2011.
"We appreciate the willingness of hourly employees and their Union
leaders to work with us in finding a balance that meets the needs of employees
in a manner that is affordable for the company," said Richard Garneau,
Catalyst president and CEO.
Catalyst is the largest producer of specialty printing papers and
newsprint in Western North America and also produces market Kraft pulp and
owns Western Canada's largest paper recycling facility. The company's six
mills have a combined annual capacity of 2.5 million tonnes of production.
Catalyst is headquartered in Richmond, British Columbia, Canada and its common
shares trade on the Toronto Stock Exchange under the symbol CTL.
For further information:
For further information: Lyn Brown, Vice President, Corporate Relations,