Savannah

STAMFORD, CT—Only weeks after announcing that 3,000 jobs would be eliminated from its domestic work force, International Paper reported that it would be letting another 655 employees go in a move that coincides with the plan to indefinitely shut down production capacity of 670,000 tons within its containerboard and coated papers businesses. Three paper machines at its Savannah, GA, mill and one at its Hudson River mill in Corinth, NY, will be shut down indefinitely. The shutdowns will result in reductions of approximately 610,000 tons of the company's U.S. containerboard capacity (12 percent) and 60,000 tons of its coated freesheet capacity (7.5 percent). "These are difficult