Business
Kruger Products Announces Reinvestment by Kruger Inc.
MISSISSAUGA, ON, April 4, 2013 /CNW Telbec/ - Kruger Products L.P. ("KPLP") has been advise...

About this update from Kp Tissue, Inc.
[{"type":"text","content":"\n\n\n\n\n\nMISSISSAUGA, ON, April 4, 2013 /CNW Telbec/ - Kruger Products L.P.\n (\"KPLP\") has been advised that its majority owner, a wholly-owned\n subsidiary of Kruger Inc., will reinvest $4,666,689, representing 50%\n of the majority owner's quarterly distribution payable on\n April 15, 2013, and also intends to reinvest a significant portion of\n future KPLP distributions it receives.\n\n\nAbout Kruger Products L.P.\nKruger Products L.P. (FSC® C104904) is Canada's leading manufacturer of quality tissue products\n for household, industrial and commercial use. Kruger Products L.P.\n serves the Canadian consumer market with such well-known brands as\n Cashmere®, Purex®, SpongeTowels®, Scotties®' and White Swan®. In the U.S., Kruger Products L.P. manufactures the White Cloud® brand, as well as many private label products. Kruger Products L.P. has\n approximately 2,300 employees across North America and operates five\n FSC® CoC-certified mills, four of which are located in Canada and one in the\n US. For more information, visit www.krugerproducts.ca.\n\n\nForward-Looking Statements\nCertain statements in this press release about Kruger Inc.'s intentions\n constitute forward-looking statements. The forward-looking information\n is based on certain key expectations and assumptions made by Kruger\n Inc., including expectations and assumptions concerning its cash\n requirements. No assurance can be given that such expectations and\n assumptions will prove to be correct. The forward-looking information\n contained herein is made as of the date of this press release and KPLP\n undertakes no obligation to publicly update such forward-looking\n information to reflect new information, subsequent or otherwise, unless\n required by law.\n\nSOURCE: KP Tissue Inc.\n\n\n","length":2319,"tagName":"div"}]