Fraser Papers

Fraser Papers Inc. was a Toronto, Ontario, Canada-based manufacturer of specialized printing, publishing, and converting papers, with customers in Canada and the United States. It managed more than two million acres (8,000 km²) of forest, operated a tree nursery, and sawmills. It was spun off as a public company in 2004 by parent Nexfor Inc., which became Norbord at the same time. Its stock traded on the Toronto Stock Exchange, under the symbol FPS.

Fraser Papers Inc.
Public
IndustryPaper & Paper Products
Headquarters
Toronto, Ontario
,
Canada
Key people
J. Peter Gordon
Number of employees
3,750[1]
Websitewww.fraserpapers.com/ 

History

Donald Fraser began his business with construction of a sawmill in 1877. Fraser sawmills at Cabano and Plaster Rock, New Brunswick were producing 76,000 cubic metres (32 million board feet) of spruce lumber annually through the mid-20th century. Sawmill edgings, slabs, and trimmings were converted to wood chips as a raw material for paper production.[2] The Cabano sawmill was destroyed by fire in 1966.

Fraser's 3,700 employees worked in several pulp and paper mills in North America, including in Madawaska, Maine and in New Hampshire in the US, and Thurso, Quebec, and Edmundston, New Brunswick in Canada.

The Edmundston-Madawaska plants are the only facilities in the world that pump paper pulp by pipeline over an international border.

In 2000, Nexfor Fraser Papers (as it was known at the time) was the first company to receive international certification to the Sustainable Forestry Initiative. Its operations are also certified to meet the ISO 14001 Standard for Environmental Management Systems requirements.

In June 2009, the company filed with the Canadian and American governments for bankruptcy protection so that it could re-structure. At the time Brookfield Asset Management owned a 70% share of the Fraser Papers company.[3]

The Madawaska mill is still in operation but is now owned by Twin Rivers Paper Company, employing 650 people.[4]

References
  1. "Company Profile for Fraser Papers Inc (CA;FPS)". Retrieved 2008-10-14.
  2. Strout, W. Jerome (1966). 75 Years The Bangor and Aroostook. Bangor, Maine: Bangor and Aroostook Railroad. p. 41.
  3. Fraser Papers seeks bankruptcy protection, CBC News.
  4. http://bangordailynews.com/2011/04/07/business/aroostook-manufacturers-gave-new-railroad-operator-high-marks-state-says
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