MONTREAL, April 24, 2019 /CNW Telbec/ - Resolute
Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced a
four-year renewal of the master collective agreement covering
unionized employees of three U.S. pulp, paper and tissue mills.
Unionized employees voted overwhelmingly to ratify the agreement at
facilities in Calhoun (Tennessee),
Augusta (Georgia) and Coosa Pines
(Alabama).
"We are pleased to have reached agreement prior to contract
expiration, indicative of our collaborative working relationship.
As we look ahead, we have enhanced operational stability as,
together, we focus on improving efficiency and the overall
competitive position of these mills," said Yves Laflamme, president and chief executive
officer. "Our continued union/management partnership serves the
best interests of our employees, customers, shareholders and a
range of other stakeholders."
The agreement takes effect for the Calhoun pulp, paper and
tissue mill in May 2019 and runs
through April 2023, in addition to
spanning the four-year period between May
2020 and April 2024 for the
Augusta newsprint mill and Coosa Pines fluff pulp
operation. Approximately 775 unionized employees are
covered by the agreement and are represented by the United
Steelworkers (USW), the International Brotherhood of Electrical
Workers (IBEW), and the United Association of Journeymen and
Apprentices of the Plumbing and Pipefitting Industry of the U.S.
and Canada (UA). The agreement
improves wages in each of its four years.
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, newsprint and specialty papers,
which are marketed in close to 70 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.
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SOURCE Resolute Forest Products Inc.