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Franklin mill closure definite, company spokesman says

Tue. October 27, 2009; Posted: 02:28 AM
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Oct 27, 2009 (The Virginian-Pilot - McClatchy-Tribune Information Services via COMTEX) -- IP | Quote | Chart | News | PowerRating -- International Paper Co.'s decision is final: The paper mill outside Franklin will close in the spring, eliminating 1,100 jobs, a spokesman said Monday night.

On Sunday, U.S. Sen. Mark Warner met with local and business officials in Franklin. Afterward, he vowed to lobby the company to rethink the shutdown.

"I don't want to create any false hope, but we should have some effort to say, 'Is there any way we could encourage the company to reconsider this decision?' " Warner said.

That won't happen, International Paper spokesman Desmond Stills said in an e-mail. "The decision is to permanently close the Franklin mill," he wrote.

In the e-mail, Stills said International Paper "is not considering selling the property" immediately. In an interview, he did not say why the company, based in Memphis, Tenn., would keep the property, at least for the short term.

"At this point, it's just too early to speculate what might be a viable option for the property in the future," Stills said.

In the interview, he said he could not say whether the company might eventually hire people in a different capacity at the site.

Stills provided more details on the phased shutdown.

Of the four machines at the plant, one will close by Nov. 7, though some employees might work "past that date for several weeks," he said in the e-mail. Another machine will stop by the end of the year, and the remaining two will cease operation "by the spring of 2010."

Philip Walzer, (757) 222-3864, phil.walzer@pilotonline.com

To see more of the The Virginian-Pilot, or to subscribe to the newspaper, go to
http://www.pilotonline.com. Copyright (c) 2009, The Virginian-Pilot, Norfolk,
Va. Distributed by McClatchy-Tribune Information Services. For reprints, email
tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax
to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave.,
Suite 303, Glenview, IL 60025, USA.
For full details on Internat Paper Co (IP) click here. Internat Paper Co (IP) has Short Term PowerRatings of 4. Details on Internat Paper Co (IP) Short Term PowerRatings is available at This Link.

    


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