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International Paper schedules downtime in March
Published Monday, February 16, 2009
International Paper Riverdale Mill announced Monday it has planned downtime on its two paper machines due to lack of demand.
The downtime will start during the week of March 16 and end the week of March 30. The No. 15 Paper Machine will be down for 21 days, and the No. 16 Paper Machine will be down for 18 days.
Officials said the company made the decision to keep costs down because of a lack of orders for uncoated freesheet paper.
“We’re trying to match our supply to meet the needs of our customers,” said Pam Frasier, mill communications manager. “If you build inventory, you tie your cash up in that inventory.”
A limited number of employees will remain onsite to perform vital functions, such as fire watch.
“Our company is committed to managing our supply to meet the needs of our customers, including making adjustments for how our order book develops in 2009,” said Russell Harris, mill manager.
The mill operates two paper machines and five cut-size sheeters and supplies its own pulp for papermaking, and its de-inking plant is capable of producing clean, recycled fiber. Its products are virgin and recycle grades of reprographic and offset printing papers. The facility employs about 730 people.
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Comments
Posted by easypick (anonymous) on February 16, 2009 at 6:59 p.m. (Suggest removal)
more doom & gloom.
Posted by Bama123456 (anonymous) on February 17, 2009 at 1:58 p.m. (Suggest removal)
It will probably be a matter of time before IP announces it is closing. That will be the final nail in Selma's coffin.
Posted by eyeonyou (anonymous) on February 17, 2009 at 3:50 p.m. (Suggest removal)
I think the paper industry should ask Obama for a bail out.
Posted by crimson (anonymous) on February 17, 2009 at 4:52 p.m. (Suggest removal)
Actually,the way corporate is working us,we are running to markets demand.Our plant has had less downtime than our other facilitys.No hourly employees have lost their job,but we have lost several salaried people. I credit our corporate office in Memphis for believing in the Riverdale mill. By the way, we profited almost 2 mil. in Jan.
Posted by bamafan (anonymous) on February 17, 2009 at 5:04 p.m. (Suggest removal)
crimson, that is GREAT to see a very important industry in Dallas County, showing a profit!!
You all should be proud..
Thanks for the good news! :>)
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