In the News...

Tembec Supports Proposed Ontario Energy Program

Canadian Newswire posted a press release this afternoon, Tembec fully supports Proposed Ontario Energy Program: Resulting Energy, Environmental and Economic benefits- a great combination.

The article outlines that the proposed Ontario Energy program is believed to encourage energy management practices which will have a positive impact on the environment and on the competitiveness of several key Ontario industries. These positive impacts may facilitate greater potential for job security within these industries.

In the article, Tembec's president and CEO states "This initiative comes at a critical time for the Ontario economy generally, and the northern Ontario economy in particular. Tembec fully supports this initiative".

To read the full article, follow this link:

http://www.newswire.ca/en/releases/archive/August2010/17/c3281.html

First Nations Value-Added Forestry Company Constructing Wood Processing Facility in Red Lake

Northern Ontario Business released an article yesterday, Value-Added Wood Processor Sets up Shop in Red Lake.

On August 13th, it was announced that the Two Feather Forest Products LP is ready to begin site development for their wood processing facility which will be located in Red Lake. The facility will have "a saw mill line with related kiln drying, sorting, chipping, and biomass operations".

The article predicts that construction and site development for the facility will create approximately 200 local jobs.

To read the full article, follow this link:

http://www.northernontariobusiness.com/Around-the-North/100816/Value-added-wood-processor-sets-up-shop-in-Red-Lake.aspx