Fraser Inc.

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Corporate body

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Fraser Inc.

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Other form(s) of name

  • Fraser Companies Ltd.

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Description area

Dates of existence

1877-1987

History

Fraser Companies Ltd. was a pulp, paper and lumber producer with operations in New Brunswick and Maine.

In April 1974, Noranda, through its subsidiary Northwood Mills, made a successful public offer to acquire 51% of the shares of Fraser Companies, Ltd.

After this acquisition, Fraser Inc. modernized and extended its the bisulphite plant (1976-1979), renovated its the paperboard mill (1988), and the installed high pressure steam pipelines linking the Edmundston pulp mill to Fraser Paper of Madawaska, Maine (1981-1982). The goal of these improvements was to increase production, reduce costs, conform to the new environment protection standards, and an increased ability to compete on the North American markets.

In addition to the Edmundston and Madawaska mills, Fraser Inc. owned mills in Atholville, Kedgwick, Plaster Rock and Thorold, Ontario. The company managed more than 1.8 millions acres of woodland concessions.

In May 1987, Fraser Inc. was amalgamated into Noranda Forest Inc.

Sources:
Royal Commission on Corporate Concentration, Noranda Mines Limited: A Corporate Background Report. 1976. p. 94-95.

http://www.toucherdubois.ca/tdb/result_item.php?item=6632&lang=en

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