Tuesday, December 4, 2012

Resolute’s CEO on Fort Frances, Resolute Pensions

Fort Frances area politicians meet with Resolute’s CEO:
Thunder Bay-Rainy River MP John Rafferty and Kenora-Rainy River MPP Sarah Campbell met with Richard Garneau, President and CEO of Resolute Forest Products and his advisor John Valley in Toronto recently to discuss the idling of Fort Frances kraft mill and one of its paper machines.
Rafferty asked Garneau if the rumour that Boise offered to buy the Forest Frances mill was true.
“I asked him about Boise and when I said that, he kind of chuckled a little bit and said, ‘That’s the first I’ve heard of it,” Rafferty said. “You know how rumours are. Boise made a strategic decision for them to buy pulp from their Washington mill and keep those guys working, and so that’s what happened,” Rafferty added.

A commitment from the president of Resolute Forest Products to maintain workers pensions.
It came during Richard Garneau's meeting with MP John Rafferty and MPP Sarah Campbell in Toronto.
Rafferty says Garneau told him that unlike some of its competitors, Resolute has not plans to end its commitment to pensions.