Tuesday, April 30, 2019

Western Maryland paper mill to close, impacting 675 workers

A 131-year-old Western Maryland paper mill, a major employer of residents across three states, will close by June 30. Verso Corp. said Tuesday the closure in Luke will result in 675 people losing their jobs. The employees live in Maryland, Virginia and West Virginia. The Miamisburg, Ohio, company said it is shuttering the 228-acre plant in “response to the continuing decline in customer demand for the grades of coated freesheet paper produced at the mill, along with rising input costs, a significant…



from https://www.bizjournals.com/baltimore/news/2019/04/30/western-maryland-paper-mill-to-close-impacting-675.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/184556671587

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