Weyerhaeuser is closing its Plymouth containerboard machine.
Weyerhaeuser is closing its Plymouth containerboard machine.
The 48 year-old machine churned out 350,000 tonnes of linerboard every year. Roughly 200 people will lose their jobs as a result of its closure.
“We realize this is tough news for our people in Plymouth, but difficult business conditions make it necessary,” said Steven R. Rogel, chairman, president and CEO. “We will continue to refine our portfolio of businesses and facilities to improve our return to shareholders.”
The closure marks the fifth operation the company has shut down in recent months.
In addition to the shutdown of the machine, Weyerhaeuser has put an additional six mills up for sale. The operations make up the company’s composite panels business, with five of the facilities located in the U.S. and the other in Ireland. Together, the mills employ 1,000 people.
The company has confirmed that although the unit performs well, it remains a minor part of its wood-products business and would best be suited to an owner more focused in this area.
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