March 28, 2024

Fortress Paper posts $9.2-million loss in Q4

VANCOUVER - Fortress Paper Ltd. (TSX:FTP) had a $ 9.2-million net loss in the fourth quarter, with $ 49.5 million in sales as the company repositioned some of its business operations.During the quarter, Fortress re-defined the focus of its Pulp segment to focus on dissolving pulp — a high purity, higher-margin product used to make products such … [Read more...]

Fortress Paper mill workers back on job

VANCOUVER - Fortress Paper Ltd. (TSX:FTP) said Thursday that construction has resumed at its cellulose mill in Thurso, Que., after the end of a walkout by unionized employees of contractors.The Vancouver-based company said all workers have reported to the construction site."The company expects construction activity to reach normalized levels once … [Read more...]

Walkout halts construction at Fortress mill

VANCOUVER - Construction work on the dissolving pulp conversion and biomass cogeneration projects at the Fortress Paper Ltd. (TSX:FTP) mill in Thurso, Que., have been suspended because of a walkout by unionized employees of contractors hired for the job.Fortress Paper said in a news release that it understands the "unexpected walkout" was is a … [Read more...]