Domtar Cuts Jobs At Nc Mill

摘要

Domtar Corporation said it will permanently close its fine paper manufacturing sector at its Plymouth, North Carolina mill, cutting 185 jobs. Domtar President and CEO John Williams said that the cuts are a result of adverse economic conditions and the decline of fine paper orders.rnThe streamlining comes as the Montreal-based company reported a net loss of 676 million Canadian dollars ($550 million) for the fourth quarter, compared -with a net loss of CA$26 million ($21 million) for the same 2007 quarter.rnDomtar said the Plymouth mill will continue to operate two pulp lines, one pulp dryer and one paper machine.