Recycling risky business.Norampac Inc. has announced it will permanently close paper machine No. 1 at its linerboard lin·er·board n. A type of paperboard used in making corrugated cartons. mill located in Red Rock, Ontario Red Rock is a township on the north shore of Lake Superior in Northwestern Ontario, Canada, located in the Thunder Bay District. The population as of 2006 is 1,063. During the Second World War a POW camp was established here housing primarily German prisoners. . The No. 1 machine was used to manufacture Kraft linerboard and was producing approximately 150,000 short tons annually. The higher Canadian dollar Noun 1. Canadian dollar - the basic unit of money in Canada; "the Canadian dollar has the image of loon on one side of the coin" loonie dollar - the basic monetary unit in many countries; equal to 100 cents , increased energy prices and wood fibre costs in the north forced Norampac to permanently close the machine, according to a statement from the company. A decision has yet to be made on the No. 2 machine which produces approximately 300,000 short tons a year. "This mill has been in operation since 1945 and we will do all we can to prevent its closure," Marc-Andre Depin, 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. of Norampac said. The machine has been shut down since the end of September. The mill then employed 435 people. |
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