In response to UNIFOR Union Local 233's decision to go on strike effective as of 26th Nov, Tembec ceases the operations at its Temiscaming, Quebec industrial complex, which comprises four main facilities manufacturing specialty pulp, high-yield pulp, multi-ply coated bleached board and powder and liquid phenolic resins. In addition to the production interruption, the strike will delay the commissioning activities now taking place on the high-pressure boiler and turbine.
The work stoppage involves approximately 650 unionized employees out of the 850 employees working at the Temiscaming complex. Negotiations between Tembec and the union began in August 2014. The four-year collective agreement expired on September 30, 2014.
The Company is monitoring the situation very closely and is putting into place measures to minimize the impact on its customers.
Tembec is a manufacturer of forest products – lumber, pulp, paper and specialty cellulose – and a global leader in sustainable forest management practices. Principal operations are in Canada and France. Tembec has approximately 3,500 employees and annual sales of approximately $1.6 billion. Tembec is listed on the Toronto Stock Exchange (TMB).
Information:
Michel Dumas
Executive Vice President, Finance and Chief Financial Officer
Tel.: 819 627-4268
This email address is being protected from spambots. You need JavaScript enabled to view it.
Linda Coates
Vice President, Human Resources and Corporate Affairs
Tel.: 416 775-2819
This email address is being protected from spambots. You need JavaScript enabled to view it.