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Fraser names specialty papers business: Twin Rivers Paper Company
Fraser Papers Inc. says that the specialty papers business, to emerge from creditor protection under the company's restructuring proposal, will be named Twin Rivers Paper Company. The new business will consist of the integrated pulp, energy and paper operations in Edmundston, NB, and Madawaska, ME, as well as two lumber mills in Plaster Rock and Juniper, NB. The new company name reflects the location of the pulp and paper operations at the confluence of the Madawaska and Saint John Rivers. The new name was generated from an employee suggestion process. The Twin Rivers Paper Company name is being introduced to employees and customers but will not be used officially until the sale of the specialty papers business is completed, expected in early April, following final court approvals in both Canada and the United States. PI |
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