International Paper Shutting Down Three Mills
October 23, 2009
|
MEMPHIS, TN—International Paper plans to permanently close three facilities and a paper machine, resulting in the loss of about 1,600 employees. The impacted plants are a paper mill and associated operations in Franklin, VA, as well as containerboard facilities in Pineville, LA, and Albany, OR. A previously idled No. 3 machine at the Valliant, OK, containerboard mill will also be shut down permanently. The shutdowns will reduce the company's North American paper and board capacity by 2.1 million tons.
Companies Mentioned:
 |
|
