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Tolko Industries 50th Anniversary - 1956-2006

 

NEWS RELEASE

For immediate release: September 23, 2002

Tolko's Board of Directors meets in The Pas

The Pas, Manitoba - As part of its commitment to the communities in which it operates, Tolko’s Board of Directors is once again holding its fall Board of Directors meeting in The Pas.

"The last time we held a Board meeting in The Pas was in September, 1999," says Al Thorlakson, President & CEO of Tolko. "Some of our board members don’t have an opportunity to visit The Pas on a regular basis, so this meeting provides them with a chance to see firsthand the extent of our capital investments in these Business Units."

Over the past five years Tolko has invested over $125 million in its Solid Wood and Kraft Papers operations. Some of these capital investments include a $72 million sawmill upgrade and a $10.7 million co-generation project at Kraft Papers.

In conjunction with the formal Board of Directors meeting, a social gathering will be held September 25 to recognize the contributions of the Manitoba Forest Resource Advisory Committee (FRAC). Blair Sullivan, Tolko’s Woodlands Manager in The Pas, says the FRAC members make a valuable contribution. "FRAC is made up of many different stakeholders and they come to the meetings prepared to voice their opinions and provide us with their input. I’m pleased the Board is recognizing their participation."

At the social the Board members will also have an opportunity to acknowledge the recent safety milestone achieved by the Kraft Papers employees. On September 3, 2002 they reached 500,000+ hours worked without a time loss accident.


For more information:
Rob Layton
General Manager, Prairie Region
Phone: 204-623-8522

Blair Sullivan
Woodlands Manager
Phone: 204-623-8541

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