Friday, December 04, 2009

Union looks to purchase Eurocan mill

The solution to the pending closure of Eurocan may be as close as those living in the community.

The Northern Sentinel is reporting that unionized workers at the Eurocan mill, represented by CEP Local 298 are investigating the possibility of putting in a purchase bid for West Fraser's mill in the Aluminum city.

Mary Murphy, the President of Local 298 updated Kitimat council on the union plan at the November 23rd session of council, at that time she advised that she was intending to take the buyout option to her local at a CEP meeting on the 30th of November.

The CEP has been working on their buyout strategy for the last few weeks now, ever since West Fraser advised that the mill would close in January, putting 535 employees with direct jobs at the mill out of work in the Kitimat/Terrace region and providing for what is expected to be secondary job losses in supply based industries in the region.

No further details have been outlined so far about the progress of the buyout option, but it may not be the only offer on the table, Forest Minister Pat Bell came back from a recent trip to China with suggestions that Chinese investors may be interested in the mill site as well.

However, his enthusiasm for a positive resolution to the Eurocan debate, seems to have waned over the last few days.
Kitimat Northern Sentinel-- Union ponders mill purchase
CFTK TV News -- Forests Minister "Less Hopeful" About Eurocan's Future
CEP website-- Support Pledged in Mill Closure Fight

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