Wednesday, November 21, 2012

More Details On Resolute Shutdown

More details on the number of employees at Resolute Forest Products effected by the companies decision to idle production indenfat the kraft and a paper machine at the Fort Frances mill.

In a termination notice, obtained by CFOB-News, handed out to employees yesterday, the company indicates up to 228 hourly staff, up to 20 salaried staff and up to 12 other employees will be effected.

While production is expected to come to an end by the end of this month, effected employees won't be officially laid off until the middle of February.

The notice also states the decision by the company was not an easy one to make, but it couldn't overcome the inherent challenges it faced, including the cancelling of a contract by one of its major customers.