Printer Friendly

CEP AND ABITIBI-PRICE REACH TENTATIVE AGREEMENT

 MONTREAL, May 25 /PRNewswire/ -- The Communications, Energy and Paperworkers Union (CEP) and Abitibi-Price, Inc. (NYSE: ABY) today reached a tentative agreement, which will be presented to the union membership before June 4, 1993. This agreement covers seven separate mill locations in the provinces of Newfoundland, Ontario and Quebec.
 The union negotiation committee will be recommending to its members acceptance of the Company's offer and both parties have agreed that details will only become available on June 4.
 Abitibi-Price, a Canadian-based forest products company, manufactures newsprint and uncoated groundwood papers at eleven mills in North America and markets these products to customers around the world. The company is also a converter and distributor of paper and other information-related products.
 SYMBOLS: A (Toronto, Montreal and Vancouver stock exchanges)
 ABY (New York Stock Exchange)
 -0- 5/25/93
 /CONTACT: Corporate Communications of Abitibi-Price, 416-369-6789/
 (ABY)


CO: Abitibi-Price Inc. ST: Quebec IN: PAP SU:

SH -- NY031 -- 2037 05/25/93 09:33 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 25, 1993
Words:159
Previous Article:MEDICALCONTROL, INC., FIRST QUARTER
Next Article:NORTH CAROLINA MUNICIPAL POWER $200 MILLION COMMERCIAL PAPER RATED 'F-1' BY FITCH -- FITCH FINANCIAL WIRE --
Topics:


Related Articles
FOUR MODEL FORESTS AWARDED TO ABITIBI-PRICE
ABITIBI-PRICE TO EXIT LUMBER MANUFACTURING BUSINESS
ABITIBI-PRICE/CEP AGREEMENT RATIFIED
ABITIBI-PRICE SUSPENDS COMMON DIVIDEND PAYMENTS TO CONSERVE CASH AND PRESERVE LONG-TERM VALUE
TWO-MACHINE AGREEMENT REACHED AT ABITIBI-PRICE
Strike ends - CEP ratifies collective agreement with Abitibi-Consolidated.
Abitibi-Consolidated and Parsons & Whittemore resolve legal and partnership issues at Alabama River Newsprint.
At the request of the Toronto Stock Exchange, Abitibi-Consolidated Inc. announced that it is in advanced negotiations relating to a material business...
Workers, Abitibi ratify contract.
Abitibi spin offs power.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters