News
Tembec invests $130 M

Tembec is investing $130 million in the construction of a laminated veneer lumber plant at Amos in Abitibi-Tmiscam…

Tembec is investing $130 million in the construction of a laminated veneer lumber plant at Amos in Abitibi-Tmiscamingue. The investment will be made through Temlam, a 50-50 joint venture between Tembec and Socit gnrale de finandement du Qubec.

“The project is now in the construction phase and at its peak it will create work for two hundred people. The plant itself should be operational by the fall of 2005. When it is fully operational, it will provide work for 160 people and have an annual production capacity of 4.6 million ft3,” said Tembec president and CEO Frank Dottori.