Wednesday, December 26, 2012

Tembec Kapuskasing-Power Rate Break

http://www.kapuskasingtimes.com/2012/12/20/tembec-kapuskasing-to-receive-break-on-power-rate
Tembec’s Kapuskasing operation will benefit from an initiative the provincial government says is designed to help large northern industrial companies improve energy efficiency, reduce costs, sustain jobs and maintain competitiveness. “This is something we’ve been advocating for, for a long time not to give us any sort of advantage but just to make it competitive,” said Mayor Alan Spacek. “Tembec has told us this pricing is critical to long-term stability and I am very pleased with this announcement as it will add certainty and stability for the future.” “Electricity continues to be a major operating cost for large northern forestry operations. Monday’s announced extension of this program will assist them in lowering costs, improving productivity and boosting competitiveness. We look forward to continue working with the provincial government to develop policies and programs that support a renewable industry so important to Ontario’s economy,” said Jamie Lim, President and CEO, Ontario Forest Industries Association.