UPM signed a 10-year contract with Port of Baltimore

(December 8, 2008)— UPM has signed a 10-year contract that guarantees the shipment of group's paper products through the Port of Baltimore in Maryland, U.S., for the next decade.

"Baltimore's inland location, outstanding distribution network and good labour force make it a winning location for UPM cargo," said Angelo LaMantia, UPM's Director of North America Supply Chain.

The port contract sends a strong message to UPM's customers and competitors that the company is committed to the North American paper market.

"We are pleased to continue bringing UPM products through the number one U.S. port for imported forest products—the Port of Baltimore," describes LaMantia.

“Long-term contracts with global companies like UPM are the key in helping to support the thousands of good-paying, family-supporting jobs at the Port of Baltimore,” says Maryland Governor Martin O’Malley.

The new UPM contract will result in 120 direct jobs.