Stake Technology signs preliminary agreement to build pulp plant. (Syndicate of Wood Producers of the Lower Saint-Lawrence) PR Newswire | February 15, 1989 | COPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

STAKE TECHNOLOGY SIGNS PRELIMINARY AGREEMENT TO BUILD PULP PLANT

OAKVILLE, Ontario, Feb. 15 /PRNewswire/ -- Stake Technology Ltd. (NASDAQ: STKLF) has signed a preliminary agreement with the Syndicate of Wood Producers of the Lower Saint-Lawrence (le Syndicat des Producteurs de Bois du Bas-Saint-Laurent) to build for approximately $115 million (Canadian) a 100,000-ton-per-year pulp mill on a site in the Lower St. Lawrence River region, in the Province of Quebec, with Stake Technology to manage and own 51 percent of the project, J. N. Kendall, Stake president, ...

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