CORNER BROOK, NL, Jan. 24, 2012 /CNW Telbec/ - Corner Brook Pulp and
Paper announced today that it will implement a rationalization plan to
improve its competitiveness in an increasingly demanding market.
Starting in the first quarter of 2012, the plan will cover all sectors
of the mill.
To ensure the mill's long-term viability, the Company must reduce its
labour costs which are significantly higher than the Canadian industry
Founded in 1904, Kruger Inc. is a major producer of publication papers,
tissue, lumber and other wood products, corrugated cartons from
recycled fibres, green and renewable energy and wines and spirits. The
Company is also a leader in paper and paperboard recycling in North
America. Kruger operates facilities in Quebec, Ontario, British
Columbia, Newfoundland and Labrador and the United States.
SOURCE KRUGER INC.
For further information:
Senior Vice President
Corporate Affairs and Communications
Tel.: (514) 343-3213