AbitibiBowater Capacity Reduction Impacts 1,100

MONTREAL—AbitibiBowater Inc. is curtailing paper production capacity, predominantly newsprint, by one million metric tons in a move that will result in about 1,100 jobs being impacted in the United States and Canada. Some mills are being closed permanently, while others are being idled until further notice. The Covington, TN, paper converting facility is being closed for good, removing 70,000 metric tons of coated grades from the marketplace.