
International Paper is permanently shutting a papermachine at its mill in Franklin, Virginia, Reuters reported. A t…
International Paper is permanently shutting a papermachine at its mill in Franklin, Virginia, Reuters reported. A total of 50 employees will be impacted by the closure.
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The decision to shut the machine will reduce International Paper’s annual production of uncoated freesheet by 150,000 tons. The company cited slumping demand for paper as necessitating the closure.
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