MONTREAL, May 20, 2022
/PRNewswire/ - Resolute Forest Products Inc. (NYSE: RFP)
(TSX: RFP) today announced ratification of a four-year
collective agreement by Unifor union members at seven of the
company's pulp and paper mills in Canada, following an agreement-in-principle
reached on May 15, 2022.
"We are pleased with the result of the vote, which is a
testament to the hard work and collaborative efforts of both the
company and the union in recent years to address the challenges we
are facing and to ensure the competitiveness of the business," said
Remi G. Lalonde, president and chief
executive officer. "Thanks to the support of our employees, we
continue to pursue our vision to operate a model manufacturing
company, built with the strongest business values, the highest
respect for sustainability and the calling to serve our people and
communities."
The collective agreements cover approximately 700 hourly
employees represented by Unifor at Resolute's Dolbeau; Gatineau; Kénogami; Saint-Félicien and
currently indefinitely idled Amos
and Baie-Comeau pulp and paper
facilities in Quebec; and the
Thunder Bay operation in
Ontario. The seven mills
account for about 50% of the company's total pulp and paper
production capacity.
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 and papers, which are marketed
in over 60 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.