All articles tagged with #mill closures
Rural towns in New Zealand's Ruapehu region are struggling with economic decline and population loss due to mill closures, industry disruptions, and high energy prices, leading residents to leave in search of better opportunities, despite strong community spirit and efforts to revitalize the area.
International Paper announced the closure of two Georgia mills, resulting in 1,100 layoffs, as part of a strategic shift to focus on its packaging business, including selling its pulp division and expanding cardboard production in Alabama.
International Paper announced strategic changes including selling its Global Cellulose Fibers business for $1.5 billion, investing $250 million in the Riverdale mill, and closing several mills in Georgia, aiming to improve cost efficiency and focus on sustainable packaging solutions.
Two timber mills in western Montana recently announced closures, citing reasons such as labor shortages, lack of housing, rising costs, and outdated technology. The closures are primarily attributed to the cost of living in Montana, a deficient labor pool, and newer, more efficient technology, dispelling the industry's past accusations of environmentalists and lack of logs. Despite the paradox of needing to log forests for their health, forests play a crucial role in sequestering carbon emissions, and policy on national forests should be based on truth and science rather than demonizing opposition to logging old growth forests.