Ohio-based NewPage paper company taking downtime

Posted Jan. 10, 2009, at 10:26 a.m.

MIAMISBURG, Ohio — The NewPage Corp. paper manufacturer will curtail production by 150,000 tons in the first three months of the year due to a reduction in market demand.

The Miamisburg, Ohio-based company produces about 4.5 million tons of paper annually at 10 mills in Kentucky, Maine, Maryland, Michigan, Minnesota, Wisconsin and Nova Scotia.

Spokeswoman Shawn Hill said decisions have not been made regarding where the cutbacks will be made or how many employees will be impacted.

Temporary layoffs late last year at the Rumford, Maine, mill affected about 250 workers.

President and CEO Rick Willett says company estimates of market demand and inventory show that more downtime is needed to efficiently balance production and consumption.

In November, NewPage said it would cut production as it reported a loss of $61 million for the third quarter of 2008. It closed two plants in Wisconsin in June and September.

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