Quebec Premier, Bernard Landry, and Mr. Joseph Kruger II of Kruger Inc., have announced the a partnership agreement that will permit the re-launching of the Wayagamack Mill in Trois-Rivieres. In addition, the Quebec government Kruger Inc. will be partners in a significant modernisation project that will generate an investment of over USD 300 million. The new company, Kruger Wayagamack Inc., will be 51% owned by Kruger Inc. and 49% by SGF Rexfor. The modernisation program will transform this mill into an industrial complex, producing lightweight coated paper destined for the North American market.
