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Tuesday, Oct 16
2012, 6:59 PM
Boise (BZ) says it will permanently cease production on the company's one remaining paper...
Boise (BZ) says it will permanently cease production on the company's one remaining paper machine at its St. Helens, Oregon, paper mill. The decision will reduce Boise's annual uncoated freesheet capacity by almost 60,000 tons and result in a loss of approximately 100 jobs. The company expects to stop production on the machine by December 31. In Q3, the company logged approximately $31M of pretax costs related to ceasing operations at the site.