Clearwater Paper Announces Ratification of Labor Contracts
January 08 2020 - 4:15PM
Business Wire
Clearwater Paper Corporation (NYSE: CLW) announces the
ratification of its labor contracts with the United Steelworkers
and International Brotherhood of Electrical Workers at its
Lewiston, Idaho facility.
“We are pleased to announce we have a newly ratified agreement
with our employees represented by both the United Steelworkers and
International Brotherhood of Electrical Workers in Lewiston, which
will continue through August 2025,” said Steve Bowden, senior vice
president, general manager – pulp and paperboard division. “Thank
you to our employees and managers for their unwavering commitment
to working safely and meeting our commitments, both internally and
externally during the negotiations process. We will continue to
focus on delivering on our customers’ expectations and supporting
their success.”
ABOUT CLEARWATER PAPER
Clearwater Paper manufactures quality consumer tissue,
away-from-home tissue, parent roll tissue, bleached paperboard and
pulp at manufacturing facilities across the nation. The company is
a premier supplier of private label tissue to major retailers and
wholesale distributors, including grocery, drug, mass merchants and
discount stores. In addition, the company produces bleached
paperboard used by quality-conscious printers and packaging
converters, and offers services that include custom sheeting,
slitting and cutting. Clearwater Paper's employees build
shareholder value by developing strong relationships through
quality and service.
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, as amended, including statements regarding the
ratification of collective bargaining agreements and customers.
These forward-looking statements are based on current expectations
that are subject to change, and actual results may differ
materially from the forward-looking statements. Factors that could
cause actual results to differ materially include those risks and
uncertainties described from time to time in the company's public
filings with the Securities and Exchange Commission. The company
does not undertake to update any forward-looking statements based
on new developments or changes to the company’s expectations.
For additional information on Clearwater
Paper, please visit our website at www.clearwaterpaper.com
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(News media) Shannon Myers 509.344.5967
(Investors) Sloan Bohlen Solebury Trout 203.428.3210
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