Tembec, a paper company in Canada, was created in 1973 in the town of Temiscaming, in Quebec near the border of Ontario. The town’s economic lifeblood, a pulp mill owned by a large multinational corporation, was shut down in 1972. The mill’s former employees and Temiscaming residents gained national attention in their fight to save their jobs, and their efforts created a unique and unprecedented relationship among entrepreneurs, unionized employees, the community and several levels of government. The mill was purchased and Tembec came into being.
Tembec is unique in that it was jointly created by diverse groups of people and governments, each with their own interests, but working towards the goal of providing employment for the people and a life for the community.
Tembec believes that the concept of employee participation, profit sharing and employee ownership, combined with advanced technology and entrepreneurship, was instrumental in its dramatic performance to date and the foundation upon which its future will continue to build.
Tembec management believes that companies have a social obligation to respect the rights of the individual and improve the quality of life of its employees; and as a corporate objective, to donate a minimum of 1% of its pre-tax profits to promote health, education, cultural and recreational endeavours.