Resolute Announces Labor Agreement-in-Principle with Seven Canadian Pulp and Paper Mills
Resolute Forest Products Inc. (“Resolute”) announced that it reached an agreement-in-principle for a four-year labor agreement with the Unifor union, representing most of the hourly employees in the company’s Canadian pulp and paper operations. The agreement-in-principle is subject to member ratification.
The master agreement covers seven of Resolute’s pulp and paper mills in Canada: the Dolbeau; Gatineau; Kénogami; Saint-Félicien and currently indefinitely idled Amos and Baie-Comeau facilities in Quebec; and the Thunder Bay operation in Ontario.
“We are pleased to announce this agreement-in-principle with Unifor national and local leadership,” said Remi G. Lalonde, president and chief executive officer. “It underscores the important contribution of our employees to the company’s success, as well as the collaborative nature of the relationship between the two parties.”
The collective agreement covers approximately 700 employees. The details of the agreement are confidential until union leadership presents its terms to members in the coming days.
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including market pulp, tissue, wood products and papers, which are marketed in over 60 countries. The company owns or operates some 40 facilities, as well as power generation assets, in the United States and Canada. Resolute has third-party certified 100% of its managed woodlands to internationally recognized sustainable forest management standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange. Resolute has received regional, North American and global recognition for its leadership in corporate social responsibility and sustainable development, as well as for its business practices. Visit www.resolutefp.com for more information.
Marianne Limoges – Treasurer and Vice President, Investor Relations – email@example.com – (514) 394-2217
Source: Resolute Forest Products Inc.