KP Tissue (TSE:KPT) has released an update.
KP Tissue Inc. announces a positive stride in labor relations with a new five-year collective agreement ratified by 482 unionized employees at the Crabtree plant and Joliette warehouse. The agreement, endorsed by the union bargaining committee, secures competitive compensation for employees and ensures the continuation of tissue operations to meet customer demands. KP Tissue, holding a 12.8% stake in Kruger Products, underscores its commitment to its workforce and operational efficiency.
For further insights into TSE:KPT stock, check out TipRanks’ Stock Analysis page.
