XML FeedsCanfor Pulp Limited Partnership meeting wasn't bad at all
Jun 27, 2009 | In Financial News | 1 feedback »
The employees of Canfor Pulp Limited Partnership in Prince George, B.C. were more than a little worried when they were called to a meeting this past week, with their significant others.
It was a relief when they heard that Canfor Pulp is actually in pretty good shape.
“They told us they have about $500 million dollars worth of capital projects on their three year wish list” says one employee. “It looks as though they are in much better shape than anyone thought.”
During the session, employees were told there are no plans for curtailments and no plans for any cuts to pensions or wages. The company indicated some confidence in being able to qualify for up to $120 million dollars over the next three years through the environmental package being offered to Canadian Pulp and Paper producers.
Source:
Canfor Pulp Employee Huddle Good News (Opinion 250)
1 comment
Lets see where the environmental grant money goes - hopefully towards the right areas to stretch out the lifespan of the operation. The end is coming, but maybe a little later now.
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