NewPage Taking Downtime at Canadian Mill
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The decision was based on a combination of factors, including unfavorable U.S./Canadian exchange rates, as well as high utility and shipping costs, which have rendered its Port Hawkesbury mill operations unprofitable for more than a year.
The company says it is announcing its decision now in order to mitigate the potential impact on customers and already has taken into consideration the planned downtime for future scheduling. NewPage expects to fulfill certain pre-existing orders for its supercalendered papers from its mill in Duluth, MN, but does not produce newsprint from any other mill location and therefore will be unable to serve these customers during the downtime.
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- NewPage Corp.
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