Krueger’s CEO believes the future is bright for Corner Brook Pulp and Paper and is proud of the mill’s more than 300 employees.
Roman Gallo was following its latest agreement with the state government to secure the future of its Corner Brook business.
In November, the company unexpectedly shut down operations at Corner Brook Pulp and Paper for a week, sparking concerns from both city and state governments.
Krueger announced Friday that it has reached an agreement with the government to sell surplus electricity generated at its Deer Lake power plant to NL Hydro, which will also allow the company to sell sawn logs to local sawmills. .
CEO Gallo said the agreement will give the company time to develop plans to diversify its business, including potentially developing biofuels.
Even if it doesn’t count, he says it’s a win-win for everyone. He said this would allow another way to generate revenue for the plant, a way to provide the government and NL Hydro with something “of great value to them.”
Mr. Gallo was asked for a message to Corner Brook Pulp and Paper employees.
“First of all, I’m proud of them,” he says. “They are a group of capable people.” What do you think about the future of the facility? “I’m a huge optimist,” Gallo says. “That factory, its assets and their jobs and the benefits that all of that brings to Newfoundland are going to be there for a very long time.”
