Catalyst proposes Elk Falls mill restart plan to union locals
Richmond, BC – Catalyst Paper (TSX:CTL) today presented the two union locals representing workers at the Elk Falls paper mill with a plan that would result in the restart of production. The company’s plan provides for the start up of at least two of the mill’s paper machines and a profit sharing system based on the company’s earnings, in return for changes to wages and benefits. Under the company’s plan, the average hourly wage rate would remain in excess of $26.00.
