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RICHMOND, BC—March 19, 2012—Catalyst Paper reached new labor agreements with unions representing more than 1,000 paper and pulp workers at the company’s Crofton, Port Alberni and Powell River mills. The new contracts will go into effect at the end of the current contract on April 30, 2012.
“Approval of the new labor agreements lets everyone know that the people who make up Catalyst are taking the actions necessary to save jobs and ensure we have a viable and competitive business for the future,” said Kevin J. Clarke, president and CEO. “We appreciate there is still an enormous amount of work to do to complete the restructuring plan that will enable the company to exit creditor protection on solid footing going forward.”
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