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17th Annual Global CEO Survey
Sector Snapshot: Forest, Paper & Packaging FPP sector CEOs have been less confident about short term growth for several years; this year that’s especially true when it comes to prospects for the industry, said the PwC Global CEO Survey, released Thursday. Only about half, 54 per cent, expect to see growth, compared to 68 per…
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USW – West Fraser Deal Ratified
United Steelworkers members employed at five West Fraser operations in the BC northern interior have ratified a five-year deal, the union announced Friday. Members at Fraser Lake Sawmill, Houston Forest Products, 100 Mile House Lumber, Quesnel Plywood, and Williams Lake Plywood have each voted in favour of the deal and when combined provided an overall…
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Domtar Declares . . .
Domtar Corporation, also based in Montreal, announced Thursday that its Board of Directors has approved its fourth quarterly dividend for the 2013 fiscal year on its common stock and on Domtar (Canada) Paper Inc. exchangeable shares. The dividend of US$0.55 per share is payable on April 15, 2014 to stockholders of record on March 14,…
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Resolute Settles
Resolute Forest Products, out of Montreal, QC, Monday announced a five-year renewal of the master collective agreement covering four unionized US pulp and paper mills. Unionized employees voted overwhelmingly to ratify the agreement at mills in Augusta, GA; Calhoun, TN; Catawba, SC; and Coosa Pines, AL, effective as of February 14, 2014. The agreement covers…
