Resolute suspends forestry operations in Quebec region, affecting 180 jobs
Resolute Forest Products (TSX:RFP) is suspending indefinitely its wood-cutting operations in Quebec’s Mauricie region near Trois-Rivieres. The suspension, which starts Friday, will affect at least 180 jobs. The Montreal-based company attributed the decision mainly to high fibre costs, but also low market selling prices. Spokesman Karl Blackburn says the decision won’t have an immediate impact…