Friday, May 18, 2012

Kruger To Reassess Viability of Corner Brook P&P

Kruger to reassess viability of Corner Brook operation after vote doesn’t go their way:
One of the four pension plan groups at Corner Brook Pulp and Paper voted against giving Kruger 10 years, instead of 5, to repay the shortfall in their pension plans. The pension relief measures were a crucial element in Kruger’s strategy for the mill to improve its competitiveness and secure its future.