Press releases
Tembec reports financial results for its second quarter ended March 24, 2012
April 26, 2012
Montreal, Quebec – Consolidated sales for the three-month period ended March 24, 2012, were $407 million, as compared to $452 million in the comparable period of the prior year. The Company generated a net loss of $14 million or $0.14 per share in the March 2012 quarter compared to net earnings of $6 million or $0.06 per share in the March 2011 quarter. Operating ear...Tembec to hold a conference call – Financial results for the second fiscal quarter ended March 24, 2012
April 19, 2012
Attention Business/Assignment Editors Montreal, Quebec – Tembec’s second fiscal quarter results for the period ended March 24, 2012, will be released on Thursday, April 26, 2012. James Lopez, President and Chief Executive Officer and Michel Dumas, Executive Vice President, Finance and Chief Financial Officer will be conducting a conference call intended for financial analysts and inst...Tembec announces closing of the sale of its British Columbia wood products assets
March 23, 2012
Montreal, Quebec – Tembec Inc. (“Tembec”) announced today the closing of the sale of its British Columbia Southern Interior wood products assets to Canfor Corporation ("Canfor"). Canfor purchased Tembec’s Elko and Canal Flats sawmills and the associated Crown tenures which consist of approximately 1.1 million cubic meters of combined Crown, private land and contr...Tembec announces first phase of $310-million investment to reinforce its position as a global leader in specialty cellulose
March 16, 2012
Montreal, Quebec – Tembec announced today a $190-million capital investment to upgrade its specialty cellulose manufacturing facility at Temiscaming, Québec. This investment will increase annual production of green electricity by up to 40 megawatts, reduce sulfur dioxide emissions by 70%, increase Temiscaming’s annual production capacity of specialty cellulose by 5,000 metric to...Tembec announces closing of add-on offering of US $50 Million to existing Senior Secured Notes due 2018
February 23, 2012
Montreal, Quebec – Tembec Inc. (“Tembec”) announced today that its wholly-owned subsidiary, Tembec Industries Inc. (the “Company”), completed its previously announced add-on offering of US $50 million in aggregate principal amount of 11.25% senior secured notes due 2018 (the “Notes”) at an issue price of 105.5% plus accrued interest from December 15, 2011....Pages
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