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A weaker economy and lower paper demand have forced B.C. paper company Catalyst Paper Corp. to cut 127 positions at its Powell River mill, CEO Richard Garneau said Wednesday.
Catalyst Paper`s decision aims to save $13 million annually, Garneau said.
"With the significant decline in paper markets in recent months, finding new ways to get work done more efficiently is a priority," Garneau said in a news release.
Read the full article here.
Catalyst Paper`s decision aims to save $13 million annually, Garneau said.
"With the significant decline in paper markets in recent months, finding new ways to get work done more efficiently is a priority," Garneau said in a news release.
Read the full article here.