MONTREAL, May 9, 2014 /CNW Telbec/ - Resolute Forest Products Inc.
(NYSE: RFP) (TSX: RFP) today announced that an agreement in principle
has been reached between Unifor and the Corporation. The agreement in
principle must be submitted to the members of the union for
ratification and provides for the collective agreement to be renewed
for four years.
The master agreement covers eleven of Resolute's Canadian pulp and paper
mills. The agreement in principle applies to the following mills in
Quebec: Amos, Baie-Comeau, Dolbeau, Gatineau, Kénogami, Laurentide and
Saint-Félicien, and to the mills in Fort Frances, Iroquois Falls,
Thorold and Thunder Bay, in Ontario.
"We are satisfied that we have reached an agreement in principle with
the Unifor executive that is focused on the future," said the President
and CEO, Richard Garneau. This agreement allows Resolute to continue
productivity improvements and also to offer our employees good working
conditions in several regions of Quebec and Ontario."
The collective agreement covers approximately 2,000 employees
represented by Unifor. The agreement in principle provides for wage
increases in each of the four years and continues the partnership with
the union on efficiency and employee safety. The eleven establishments
account for over 41% of Resolute's total pulp and paper capacity.
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products
industry with a diverse range of products, including newsprint,
specialty papers, market pulp and wood products. The Company owns or
operates nearly 40 pulp and paper mills and wood products facilities in
the United States, Canada and South Korea, and power generation assets
in Canada. Marketing its products in close to 90 countries, Resolute
has third-party certified 100% of its managed woodlands to at least one
of three internationally recognized sustainable forest management
standards. The shares of Resolute Forest Products trade under the stock
symbol RFP on both the New York Stock Exchange and the Toronto Stock
Resolute and other member companies of the Forest Products Association
of Canada, as well as a number of environmental organizations, are
partners in the Canadian Boreal Forest Agreement. The group works to
identify solutions to conservation issues that meet the goal of
balancing equally the three pillars of sustainability linked to human
activities: environmental, social and economic.
SOURCE: Resolute Forest Products Inc.
For further information:
Rémi G. Lalonde
Vice President, Investor Relations
Media and Others
Vice President, Corporate Communications, Sustainability and Government Affairs