Administrators appointed to Silva Timber Products.
Insolvenz
The closing of the sawmill affects 64 people.
The number of UPM employees affected is 401.
In total, approximately 900 positions will be impacted due to the closure of containerboard mill in Orange, Texas, and ceasing production on two of its pulp machines - the #20 machine in Riegelwood, North Carolina, and the #4 machine in Pensacola, Florida
The persistent global economic downturn is proving to be much tougher than anticipated with depressed markets, geopolitical instability and weak economic growth combining to put significant pressure on Sappi, particularly in Europe.
This heritage, located in Cantabria, represents a total of 3,362 forest hectares, and also includes other assets, such as five Nitens eucalyptus seed orchards and two commercial species of Glóbulus eucalyptus, resistant to local pests of this crop.
All the approximately 525 jobs at the mill will be impacted by this closure.
In the 18 months since the indefinite curtailment, the majority of employees took voluntary severance, and a small number chose to transfer to another Paper Excellence Canada mill.
Cascades inc. announces that the second paper machine at its St. Helens, Oregon, tissue plant will be closed, resulting in the complete shutdown of the facility. The end of operations will be effective at the beginning of October.