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(Canada) "Our company is moving on several fronts and the second quarter proved to be quite eventful. On synergies, the process is well underway and our people have shifted to the implementation mode in an effort to quickly deliver results. On integration, our new sales organization is now in place with their focus on providing our customers the service solutions they expect. We are also actively pursuing strategic initiatives with the sale of our Wood business expected to close by year-end and more recently with the announcement of the permanent closure of three paper machines as part of our review of overall production capacity, including some mill overlaps," said Raymond Royer, President and CEO.
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