Fraser Papers indefinitely shut down an off-machine coating production line at its 490,000 ton per year East Papers…
Fraser Papers indefinitely shut down an off-machine coating production line at its 490,000 ton per year East Papers mill in Madawaska, ME.
The decision comes as part of the companys movement towards a focus on specialty papers, and a pursuit of growth in specialty packaging and lightweight printing grades. The past few years have seen the company exploring avenues away from coated groundwood markets.
This decision is consistent with our business strategy that involves a focus on niche market segments where we can establish sustainable competitive advantage and meaningful market share, president and CEO Peter Gordon said of the shutdown, which took place on June 2. A total of 29 jobs were lost as a result.
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