Resolute Forest Products Inc. and six First Nations Chiefs held an official signing of a Memorandum of Agreement (MOA) that sets out a framework for negotiating business agreements related to the company's sawmill investments in Northwestern Ontario, Canada.

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Resolute Forest Products and six First Nations Chiefs sign a memorandum of agreement

Feb 25, 2015. /Lesprom Network/. Resolute Forest Products Inc. and six First Nations Chiefs held an official signing of a Memorandum of Agreement (MOA) that sets out a framework for negotiating business agreements related to the company's sawmill investments in Northwestern Ontario, Canada, Resolute Forest Products said in the press release received by Lesprom Network.

"Already, this initiative has resulted in C$100 million in new business for our six First Nations MOA partners," stated Richard Garneau, president and CEO. "This agreement underscores the commitment of both Resolute and its operating communities to work together to create jobs and economic opportunity for Northwestern Ontarians."

The agreement, originally signed in June 2013, has yielded contracts for: construction at Resolute's sawmills; transportation for hauling chips, biomass and lumber from the sawmills; yard services to manage loading and unloading of logs, lumber and by-products; and log harvesting and delivery.

Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including newsprint, specialty papers, market pulp and wood products.