AV Group Terrace Bay Inc. jointly announces with the United Steel Workers (USW 665) and International Brotherhood of Electrical Workers (IBEW 1861) ratification of a four-year collective agreement.
The collective agreement covers approximately three hundred hourly employees at the Terrace Bay operation which produces over 320,000 tonnes of bleached softwood pulp annually.
Highlights of the agreement include wage increases in the range of 20-24%, and pension and benefit enhancements. Improvements to job placement procedures are also expected to optimize return on employee training investments for the company.
The facility, which has been without an agreement since May 1, 2022, will see the new agreement come into effect on October 14, 2022, with wage increases retroactive to May 1, 2022.
The AV Group is a Canadian subsidiary of Aditya Birla Group, is a northern bleached softwood kraft pulp mill producing over 330,000 tonnes of paper grade pulp annually.