Thunder Bay-based mill scales back workforce.Fifty people at Thunder thunder, sound produced along a path of a lightning flash, caused by the rapid heating and expansion of the adjacent air. Rolling thunder occurs either as a result of the time difference between sounds from the far and near end of a flash, or when mountains, layers Bay's Cascades Fine Papers Group are going to be receiving pink slips over the next 12 weeks. Cascades vice-president vice president or vice-pres·i·dent n. Abbr. VP 1. An officer ranking next below a president, usually empowered to assume the president's duties under conditions such as absence, illness, or death. 2. of operations, Gene Foster, says market pressures, including overseas competition and a strengthening 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 have forced the company to find ways to streamline its operations and cut costs. "Unfortunately, we made the decision to reduce our workforce by 50 people," he says. The mill, which makes high-quality coated paper Coated paper is paper which has been coated by an inorganic compound to impart certain qualities to the paper, including weight and surface gloss, smoothness or ink absorbency. Kaolinite is the compound most often used for coating papers used in commercial printing. products, currently employs about 575 people. Foster says the need for layoffs became apparent over the last couple of months. "People have to understand this was a tough decision and we knew the impact it would have on people and families, but after considering everything, it was a decision that had to be made," he says. |
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