The plant has an annual capacity of approximately 12,000 tons and employs 117 people. Ahlstrom continues to explore options to divest the property.
破产/清算
Closing New York, Ontario facilities will not result in significant headcount reduction as the vast majority of employees will be relocated within the Company’s existing operations.
More than 350 employees to be laid off.
More than half of the affected employees have already secured new employment. With the closure process now focused on the sale of assets, Heinzel Group is moving forward with the disposition of machinery and equipment.
To adapt to lower volumes across the Nordic region, cost-reducing measures, mainly related to reduction of indirect staff and external warehousing, are being implemented in the Nordic supply chain.
Supported by $56 million from Wells Fargo, Teal Jones Group is poised to resume operations.
The decision affects 93 employees.
Restoration Forest Products Group has successfully emerged from Chapter 11 with a strengthened balance sheet and increased financial flexibility to generate significant economic value in the Northern Arizona region.
The management of Raubling Papier GmbH has now decided to enter into discussions with the local works council about a possible discontinuation of operations to develop socially responsible solutions for the 165 employees potentially affected.
Western Forest Products intends to offer voluntary severance to the remaining 60 APD employees.
JELD-WEN Holding expects to incur one-time costs of approximately $45 million and generate annual pre-tax income improvements of at least $11 million.
Canfor announces restructuring to position Alabama operations for the future.
The company has a six-month window to correct this and maintain its stock listing.
Long-standing company in Southern Oregon shuts down due to industry challenges.