Posted in Politics

IP buzz

   January 30, 2007

ip

International Paper will shutdown in May to switch from white to dark paper. Good news: more profitable, less trees needed, less bleaches used, higher yield. Bad news: fewer employees.

Employment drops are handled thru attrition, nice severance packages that are being taken voluntarily and transfers to other plants. No firings.

Plant will reopen in August, 2007.

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