Monday, January 9, 2012

White Birch Paper Proposal to Union

White Birch Paper Company presents global proposal to union employees of idled Stadacona Mill:
White Birch Paper Company has announced that it has presented a global proposal to the employees of the idled Stadacona mill in Quebec City.

Following a thorough analysis of the mill’s cost structure, White Birch’s proposal represents the final opportunity to implement the savings necessary for Stadacona to avoid permanent closure in light of significant manufacturing cost disadvantages, as well as the ongoing deterioration of economic conditions in the newsprint industry.