Fraser Papers Inc. was a

Toronto, Ontario Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...

, Canada-based manufacturer of specialized printing, publishing, and converting papers, with customers in Canada and the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

. It managed more than two million acres (8,000 km²) of forest, operated a tree nursery, and sawmills. It was spun off as a public company in 2004 by parent Nexfor Inc., which became

Norbord Norbord Inc. was a Canadian company that manufactured wood-based panels and became the world's largest producer of oriented strand board (OSB). Norbord also manufactured particleboard, medium-density fibreboard (MDF) and related value-added produ ...

at the same time. Its

stock In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...

traded on the

Toronto Stock Exchange The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in t ...

, under the symbol FPS.

History

Donald Fraser began his business with construction of a sawmill in 1877. Fraser sawmills at

Cabano Cabano is a former city in Témiscouata Regional County Municipality within the Bas-Saint-Laurent region of Quebec, Canada. It is situated on Lake Témiscouata on Autoroute 85. On May 5, 2010 it merged with Notre-Dame-du-Lac to form the new city ...

and

Plaster Rock, New Brunswick Plaster Rock (2016 population: 1,023) is a Canadian village in Victoria County, New Brunswick. The mayor is Tom Eagles. History Plaster Rock’s first settlers were Hezekiah Day and his two brothers, who arrived in 1881. Plaster Rock was incorpor ...

were producing of

spruce A spruce is a tree of the genus ''Picea'' (), a genus of about 35 species of coniferous evergreen trees in the family Pinaceae, found in the northern temperate and boreal (taiga) regions of the Earth. ''Picea'' is the sole genus in the subfami ...

lumber annually through the mid-20th century. Sawmill edgings, slabs, and trimmings were converted to wood chips as a raw material for paper production. At its nexus during the 1960s, Fraser Papers employed over 3,700 workers in several pulp and paper mills and saw mills throughout North America: *

Atholville Atholville is an unincorporated community in Restigouche County, New Brunswick, Canada. It held village status prior to 2023. The first inhabitants of the area were the ''Mi'kmaq'' who settled there in the 6th century BC and were then called '' ...

New Brunswick New Brunswick (french: Nouveau-Brunswick, , locally ) is one of the thirteen provinces and territories of Canada. It is one of the three Maritime provinces and one of the four Atlantic provinces. It is the only province with both English and ...

pulp mill *

Edmundston Edmundston is a city in Madawaska County, New Brunswick, Canada. On 1 January 2023, Edmundston will expanded, annexing the village of Rivière-Verte and parts of the local service districts of the parish of Saint-Jacques and the parish of Sai ...

pulp mill * Madawaska,

Maine Maine () is a state in the New England and Northeastern regions of the United States. It borders New Hampshire to the west, the Gulf of Maine to the southeast, and the Canadian provinces of New Brunswick and Quebec to the northeast and north ...

paper mill *

Plaster Rock Plaster Rock (2016 population: 1,023) is a Canadian village in Victoria County, New Brunswick. The mayor is Tom Eagles. History Plaster Rock’s first settlers were Hezekiah Day and his two brothers, who arrived in 1881. Plaster Rock was incorpor ...

saw mill *

Juniper Junipers are coniferous trees and shrubs in the genus ''Juniperus'' () of the cypress family Cupressaceae. Depending on the taxonomy, between 50 and 67 species of junipers are widely distributed throughout the Northern Hemisphere, from the Arcti ...

saw mill *

Thurso Thurso (pronounced ; sco, Thursa, gd, Inbhir Theòrsa ) is a town and former burgh on the north coast of the Highland council area of Scotland. Situated in the historical County of Caithness, it is the northernmost town on the island of Great ...

Quebec Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirtee ...

pulp mill *

saw mill (destroyed by fire in 1966) *

New Hampshire New Hampshire is a U.S. state, state in the New England region of the northeastern United States. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec t ...

The Edmundston-Madawaska mills are the only facilities in the world that pump pulp by pipeline over an international border. In 2000, Nexfor Fraser Papers (as it was known at the time) was the first company to receive international certification to the

Sustainable Forestry Initiative The Sustainable Forestry Initiative (SFI) is a sustainability organization operating in the U.S. and Canada that works across four pillars: standards, conservation, community, and education. SFI has two youth education initiatives: Project Learning ...

. Its operations are also certified to meet the ISO 14001 Standard for Environmental Management Systems requirements. In June 2009, the company filed with the Canadian and American governments for bankruptcy protection so that it could re-structure. At the time

Brookfield Asset Management Brookfield Asset Management Inc. is a Canadian multinational company that is one of the world's largest alternative investment management companies, with over US$725 billion of assets under management in 2022. It focuses on direct contr ...

owned a 70% share of the Fraser Papers company. The Edmundston and Madawaska mills are still in operation but are now owned by

Twin Rivers Paper Company Twins are two offspring produced by the same pregnancy.MedicineNet > Definition of TwinLast Editorial Review: 19 June 2000 Twins can be either ''monozygotic'' ('identical'), meaning that they develop from one zygote, which splits and forms two em ...

, employing approximately 1000 workers.

References

{{Authority control Pulp and paper companies of Canada Pulp and paper companies of the United States Defunct pulp and paper companies