Nip Impressions logo
Sun, Jan 26, 2020 06:27
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Clearwater Paper Lewiston, Idaho mill and union reach tentative deal
LEWISTON, Idaho (From news reports) -- Clearwater Paper and the United Steelworkers Local 712 have reached a tentative agreement that will next go to union members, who will vote to ratify or reject the contract early next month.

Contract negotiations resumed in December between the two sides, Clearwater Paper Senior Director of Corporate Communications Shannon Myers said. "We have a tentative agreement and we are awaiting the outcome of a vote in January."

"We're going to have a vote and meetings Jan. 6 and 7," union representative Mark Rhodes said. "We'll know more after Jan. 7."

The union represents more than 800 employees at Clearwater Paper. The employees have been working without a contract since September 2017.

The terms of the tentative agreement were not made public.

The union turned down the company's most recent contract offering in October, when 99.6 percent of its members voted to reject the proposal from Clearwater Paper.

Clearwater Paper CEO Linda Massman described the contract offer in October as the company's "best and final" offer in a conference call to stock market analysts in October.

Through the first three quarters of 2019, Clearwater Paper has lost $7.56 million on sales of $1.32 billion. In 2018, the company reported $44 million in profits through its first three quarters on sales of $1.3 billion. The company reported an $11 million loss on sales of $445 million during the 2019 third quarter months of July through September.

Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: