Resolute Forest Product stops newsprint production at the Calhoun, Tennessee paper mill due to adverse market conditions.
Resolute Forest Products (Resolute) is indefinitely idling the 215,000 tpy newsprint paper machine at its Calhoun mill in Tennessee. The company cites a decrease in demand for newsprint and high operating costs as the reasons behind the closure of the newsprint machine. The decision followed the acquisition of the 49% interest in Calhoun Newsprint Company owned by Resolute's joint venture partner, Herald Publishing Company, Resolute explained.
The decision to indefinitely halt newsprint production at the Calhoun site is said to affect 150 out of 610 workers. According to Resolute, the mill will continue operating two specialty paper machines and the pulp dryer.
In 2012, the company has idled and subsequently sold the Bowater Mersey newsprint mill, reducing its newsprint production capacity by 250,000 tpy.
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