HARMAC PACIFIC COMPLETES BOILER REBUILD.VANCOUVER, British Columbia--(BUSINESS WIRE)--DEC. 7, 1994--HARMAC PACIFIC INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , ME, VSE See DOS/VSE. VSE - Virtual Storage Extended : HRC HRC Human Rights Campaign HRC Human Rights Council (UN) HRC Human Rights Commission HRC Hard Rock Cafe HRC Hillary Rodham Clinton (democratic senator/presidential candidate; former first lady) .R) Harmac Pacific Inc. announces that its market pulp mill at Nanaimo, B.C., has resumed full operation after the successful completion of its scheduled $6.4 million rebuild of No. 5 recovery boiler. "We are extremely pleased with the project, which was completed on schedule and slightly under budget," reported Eric Lauritzen, Harmac's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . The project, which was completed in conjunction with the regular fall maintenance shutdown, was planned and provided for in the 1994 forecast included in the Company's May 1994 prospectus. Mr. Lauritzen added that "fourth quarter earnings will naturally be adversely affected by both the cost of the maintenance item and the downtime required to complete it, but the mill is running at full capacity and the Company is now fully equipped to capitalize on the continuing strong market for wood pulp." Northern bleached softwood kraft pulp currently sells at US $700 per tonne, and is scheduled to increase to US $750 effective January 1, 1995. Harmac Pacific Inc. employs approximately 700 people between its Nanaimo production facility and its global marketing organization. CONTACT: Ralph Leverton
Vice-President and Chief Financial Officer
604/895-7702
REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion