Georgia-Pacific to Exit Copy Paper Business

[rlvaughn]

Georgia-Pacific to Exit Communication Papers Business

Georgia-Pacific announced today that it is exiting the communication papers business following an assessment of its long-term competitive position in a declining market. As a result, the company will permanently shut down the communication papers machines, related converting assets, as well as the woodyard, pulp mill and a significant portion of the energy complex at its Port Hudson, Louisiana, facility.

Approximately 650 jobs at the facility will ultimately be impacted by the communication papers and pulp asset closures. About 40 business and sales jobs also will be affected by this decision...Georgia-Pacific will continue to operate and invest in the Port Hudson mill to support its growing consumer tissue and towel business...The company will retain approximately 300 employees to manage those operations.

 

[Adonia]

Just par for the course in the paper business. They have closed down many mills, especially in New England. I used to haul their product and years ago and even when I was working out of New England they were closing places left and right. These were good paying jobs and the local communities were hit hard.