PAPRICAN to downsize
June 23, 2004 By Pulp & Paper Canada
The Pulp and Paper Research Institute of Canada, in the midst of major structural changes, was forced to release a…
The Pulp and Paper Research Institute of Canada, in the midst of major structural changes, was forced to release a substantial portion of its workforce this week. The drying up of funds led to the elimination of roughly 15% of the non-profit research organization’s employment positions.
The financial inability of member companies to invest ample funds in research, and the conclusion of a three-year, $7 million government contribution were the primary contributing factors to the downsizing. The Gazette reported the possibility of selling off a considerable portion of unused land located directly behind PAPRICAN offices in Pointe Claire. The transaction could potentially bring in several million dollars.
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