Home News Industry News Tembec expects $55 million from Quebec rebate program for big electricity users

Tembec expects $55 million from Quebec rebate program for big electricity users

MONTREAL - One of Quebec's largest forestry companies says it expects to qualify for $55 million of electricity rebates due to a four-year capital investment program centred at its Temiscaming manufacturing site.

Montreal-based Tembec Inc. (TSX:TMB) says its $136-million capital program will improve the competitiveness of its Quebec plants, particularly the specialty cellulose plant in the town of Temiscaming near North Bay, Ont.

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Source: Montreal Gazette

 
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