Paper mill to be sold and closed
by Associated Press
Published: March 16,2010
COLUMBUS — Domtar Corp. is getting out of the coated groundwood paper business and will sell its product lines to Ohio NewPage Corp. of Ohio, the companies said yesterday.
Domtar, based in Montreal, also said it will close its East Mississippi paper mill at Columbus, which employs 219 people, by the end of April.
The company said that the market for coated groundwood paper is challenging, and the Mississippi mill suffered from a weak cost position despite efforts by employees.
Coated groundwood paper is higher-quality paper used in the printing of magazines, catalogs and direct mail inserts.
NewPage, headquartered in Miamisburg, Ohio, near Dayton, will take over Domtar’s book of business, its brands and the coated groundwood inventory remaining at the Mississippi mill after it closes.
No purchase price was disclosed for the transaction, which is to be completed in April.
To sign up for Mississippi Business Daily Updates, click here.
One Response to “Paper mill to be sold and closed”
Top Posts & Pages
- Expert on airlines predicts Jackson-Evers will keep remaining carriers
- Keeping our eye on... Liz Lancaster
- GOP Sen. Thad Cochran to run for seventh term
- MAN OF STEEL: Madhu Ranade leading Severstal Columbus
- IKE TROTTER: There are primary changes in Social Security for 2014
- C Spire launches next phase of 1-gig service rollout
- Alcorn's finances being investigated; CFO resigns
- Hood issues opinion on open-carry gun law
- NEW ORLEANS SAINTS MOVING — Mississippi company has the task of moving the football team
- Court to hear case involving alligators and ExxonMobil