WEYERHAEUSER TO SHUT DOWN PAPER MILL

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WEYERHAEUSER TO SHUT DOWN PAPER MILL

 user 2005-12-26 at 9:35:00 am Views: 57
  • #13801

    Weyerhaeuser to permanently shut down mill
    December
    2005 – Washington (WA): Weyerhaeuser has announced it will permanently
    close a mill in Saskatchewan that employs 690 people and shut down a
    paper machine in Ontario.
    In a statement chairman, president and
    chief executive Steve Rogel said: “We recognise that this news and its
    timing is hard on our people, but market conditions leave us no choice
    as we make urgent changes to improve the competitiveness and lagging
    financial performance of this business.” He added that Weyerhaeuser
    expects other changes to follow.
    The company will also shut down one
    of its paper machines at Dryden pulp and paper mill in Ontario on 1
    April, affecting around 80 of the mill’s 795 employees