St. Marys Paper to receive energy rebates from Ontario govt to reduce electricity costs and stay competitive

TORONTO, ON, Aug. 23, 2011 (Press Release) - Ontario is helping three companies in Sault Ste Marie's industrial sector to reduce their electricity costs, stay competitive and protect 3,700 jobs.

Through the Northern Industrial Electricity Rate (NIER) program, Flakeboard Company Ltd., Essar Steel Algoma Inc. and St. Marys Paper Corp. will receive energy rebates of two cents per kilowatt-hour (kWh) to help manage their electricity costs and improve their energy efficiency and sustainability.

Partnering with companies in Northern Ontario communities is part of the McGuinty government's plan to create and support jobs for Ontario families and to strengthen local economies.