Resolute Forest Products (formerly AbitibiBowater) is scaling back paper production in Fort Frances while the company makes an acquisition move in Quebec.
Poor market conditions are forcing the Montreal pulp and paper maker to halt paper production at its Fort Frances mill for five weeks, affecting about 100 employees. It's the fourth shutdown this year and takes 9,000 tonnes of paper production off the rolls.
Meanwhile the company is making a $130-million takeover attempt of Fibrek, a pulp producer with mills in Quebec, West Virginia and Michigan.
The company emerged from bankruptcy restructuring last spring with wage and benefit reductions for its forestry and mill workers.
.jpeg;w=120;h=80;mode=crop)
