MONTREAL and
VANCOUVER, Oct. 9, 2013 /CNW Telbec/ - EACOM Timber
Corporation ("EACOM", or the "Company") is pleased to announce
today the reopening of the Ear
Falls sawmill in the 2nd quarter of
2014.
Rick Doman,
President and CEO of EACOM, wishes to thank Premier Kathleen Wynne and Natural Resources Minister
David Orazietti for their support
with this announcement.
"Ear Falls
requires a long-term, secure and sustainable economic wood supply,
and the arrangements that have been confirmed by Minister Orazietti
are a significant step in this direction", stated Mr. Doman. "We
also wish to thank Unifor, the union at Ear Falls, and leaders Kim Ginter - former CEP Ontario Vice-President,
Stephen Boon - Unifor National
Representative, and George Smith -
Unifor Local 324 President. We also thank Mayor Kevin Kahoot and the Township of Ear Falls for their strong support of our
reopening", Mr. Doman added.
EACOM intends to commence timber harvesting and
wood purchasing operations in the first quarter of 2014 in order to
build a saw log inventory for the sawmill. Refurbishment and
improvement of sawmill equipment will commence this fall, as will
the securing of key management and operations staff.
"As softwood lumber markets continue to steadily
improve, we look forward to the resumption of sawmilling operations
at Ear Falls, to the benefit of
our customers, employees, suppliers, the community and our owners.
Our goal is to create an efficient and profitable operation capable
of continuous production during both strong and weak markets,
bringing stability to our Company, our employees and the entire
Ear Falls region", Mr. Doman
concluded.
About EACOM
The business activities of EACOM consist of the manufacturing,
marketing and distribution of lumber, wood chips and wood-based
value-added products, and the management of forest resources. EACOM
owns eight sawmills, all located in Eastern Canada, and related tenures. The mills
are Timmins, Nairn Centre, Gogama, Elk
Lake and Ear Falls in
Ontario, and Val-d'Or, Ste-Marie and Matagami in Quebec. The mills in Ear Falls, Ontario, and Ste-Marie, Quebec, are currently idled. EACOM
also owns a lumber remanufacturing facility in Val-d'Or, Quebec, and a 50% interest in an "I"
joist plant in Sault Ste-Marie,
Ontario.
SOURCE EACOM