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Fraser Papers Inc. was a
Toronto, Ontario Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a p ...
, Canada-based manufacturer of specialized printing, publishing, and converting papers, with customers in Canada and the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
. 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 at the same time. Its
stock Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporatio ...
traded on the
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, under the symbol FPS.


History

Donald Fraser began his business with construction of a sawmill in 1877. Fraser sawmills at Cabano and Plaster Rock, New Brunswick were producing of
spruce A spruce is a tree of the genus ''Picea'' ( ), a genus of about 40 species of coniferous evergreen trees in the family Pinaceae, found in the northern temperate and boreal ecosystem, boreal (taiga) regions of the Northern hemisphere. ''Picea'' ...
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,
New Brunswick New Brunswick is a Provinces and Territories of Canada, province of Canada, bordering Quebec to the north, Nova Scotia to the east, the Gulf of Saint Lawrence to the northeast, the Bay of Fundy to the southeast, and the U.S. state of Maine to ...
pulp mill *
Edmundston Edmundston () is a city in Madawaska County, New Brunswick, Canada. Established in 1850, it had a population of 16,437 as of 2021. On January 1, 2023, Edmundston amalgamated with the village of Rivière-Verte, New Brunswick, Rivière-Verte and ...
,
New Brunswick New Brunswick is a Provinces and Territories of Canada, province of Canada, bordering Quebec to the north, Nova Scotia to the east, the Gulf of Saint Lawrence to the northeast, the Bay of Fundy to the southeast, and the U.S. state of Maine to ...
pulp mill * Madawaska,
Maine Maine ( ) is a U.S. state, state in the New England region of the United States, and the northeasternmost state in the Contiguous United States. It borders New Hampshire to the west, the Gulf of Maine to the southeast, and the Provinces and ...
paper mill * Plaster Rock,
New Brunswick New Brunswick is a Provinces and Territories of Canada, province of Canada, bordering Quebec to the north, Nova Scotia to the east, the Gulf of Saint Lawrence to the northeast, the Bay of Fundy to the southeast, and the U.S. state of Maine to ...
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 as far south ...
,
New Brunswick New Brunswick is a Provinces and Territories of Canada, province of Canada, bordering Quebec to the north, Nova Scotia to the east, the Gulf of Saint Lawrence to the northeast, the Bay of Fundy to the southeast, and the U.S. state of Maine to ...
saw mill *
Thurso Thurso (pronounced ; , ) 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 Britain. From a latitudinal s ...
,
Quebec Quebec is Canada's List of Canadian provinces and territories by area, largest province by area. Located in Central Canada, the province shares borders with the provinces of Ontario to the west, Newfoundland and Labrador to the northeast, ...
pulp mill * Cabano,
Quebec Quebec is Canada's List of Canadian provinces and territories by area, largest province by area. Located in Central Canada, the province shares borders with the provinces of Ontario to the west, Newfoundland and Labrador to the northeast, ...
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 borders 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 United States and Canada. SFI was founded in 1994 by the American Forest & Paper Association (AF&PA), a wood and paper products trade association. SFI ...
. 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 Ltd. is a Canadian-American alternative asset manager. The company was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation. At its inception, the company was headquarter ...
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, 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