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Coles
said the union will be working with the new owners and the Government of New
Brunswick to ensure that the hourly pension plan for actives and retirees is
protected.
"I
am encouraged by commitments received from the new owners," he said.
"Today's
announcement, together with CEP's recent certification of 200 workers at the
saw mill in Plaster Rock, N.B., are proof of the renewal taking place in the
forest industry. And we intend to keep building on that."
CEP
represents 350 workers at the Twin Rivers plant, which produces specialty
papers and lumber products that are well regarded throughout the industry,
and operates a second facility in Madawaska, Maine.
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Tuesday, June 11, 2013
Twin Rivers Union Welcomes New Owners
The union representing workers at Twin Rivers Paper
Company welcomes its acquisition by Atlas Holdings and Blue Wolf Capital
Speaking at today's press conference announcing the acquisition,
Communications, Energy and Paperworkers Union President Dave Coles said,
"this is a positive step forward for Twin Rivers, for CEP Local 29, and
for our retirees."
