Weyerhaeuser Co. announced it is indefinitely curtailing production on its 350,000-ton-per-year containerboard machine in Plymouth, N.C.
The recycled paperboard machine makes linerboard. Steven Rogel, chairman, president and CEO, said the company will recommend that the machine be permanently closed and that its board of directors will review that recommendation in December.
"We have determined that the Plymouth machine no longer is economically sustainable," Rogel said. "Although Plymouth employees have worked diligently to make the machine competitive, today's announcement is a reflection of the severe market conditions facing the industry, compounded by the age and high cost of the machine."
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