IP Announces Downtime At Cantonment Mill, But No Layoffs Planned

December 10, 2008

International Paper in Cantonment has joined the list of area companies scaling back because of the declining economy, but no one at IP is losing their job as a result.

Instead, the company announced downtime for its “#4″ and “#5″ paper machines.

The “#5″ machine stopped production on December 6 for eight days, and the “#4″ machine will stop production on December 22 for 14 days.“The economic slow down the country is experiencing has resulted in a reduction in customer orders,” said Chris Read, mill manager. “The Pensacola mill is committed to managing our supply to meet the needs of our customers.”

“We understand the impact of current economic conditions on our employees and their families, and we will do all we can to assist them during the downtime period,” added Read.

Company spokesperson Jessica Morris said the downtime will impact a total of 81 employees.

“We do not expect any layoffs at this time,” Morris said.

The company will allow affected employees to use any unused vacation or personal holidays during the downtime to help offset the financial impact to them and their families.

Comments

Comments are closed.