International Paper has decided to close its Hudson River mill in Corinth, NY., by the end of this year.
"We have a strong history of papermaking at Hudson River and a highly skilled workforce, however, the sluggish economy, coupled with steeply reduced demand has hindered the process of positioning the mill to compete effectively," said LH Puckett, senior vice president for IP's coated and supercalendered papers business. "This mill continues to be the highest cost machine in our coated papers system, and despite our efforts, we could not develop a plan for the mill to support our overall coated paper business."
International Paper's Hudson River Mill is a coated paper mill producing about 100,000 tons of coated groundwood and freesheet paper grades as well as a range of specialty products.
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