February 6, 2009
140 mill workers furloughed in E. Millinocket
By The Mainebiz News Staff
Katahdin Paper Co. will lay off roughly 140 hourly workers and an unspecified number of salaried workers for a month at its paper mill in East Millinocket as part of a new policy to better manage inventory.
The mill, managed by Fraser Papers for Brookfield Asset Management, both Toronto-based companies, will temporarily shut down its No. 5 paper machine for 28 days beginning Feb. 9, according to the Bangor Daily News. Fraser Papers has instituted a policy to better manage its inventory by only running the machines when there are orders in hand. The policy led Fraser to temporarily furlough workers at its mill in Madawaska last month.
The East Millinocket mill employs roughly 491 hourly workers.
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