IP Announces Downtime, 60 Employees Affected

January 14, 2009

Late this afternoon, International Paper’s Pensacola Mill  announced plans for lack of order downtime for its Number 5 paper machine.

The Number 5 machine will stop production on February 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 remains committed to managing our supply to meet our customers’ needs.”

“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.

Approximately 60 employees will be affected during this temporary downtime period. The company will allow affected employees to use vacation or personal holidays during the downtime to help offset the financial impact to them and their families. Employees not taking vacation or holiday time may file for temporary unemployment benefits.

The Pensacola mill employs 481 people and annually produces approximately 500,000 tons of containerboard on #5 paper machine used to make corrugated packaging and shipping containers and 153,000 tons of fluff pulp on #4 paper machine used for baby diapers, feminine hygiene and adult incontinence products.

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