Georgia-Pacific to close Hope plant plant; 102 jobs lost
On Tuesday, Georgia-Pacific announced the closing of some facilities in Arkansas, in both Crossett and Hope.
"Our Crossett employees have worked hard to safely and productively manage our operations there. In recent years we have invested significantly in our operations," said Monty Brown, G-P's senior vice president for its consumer products division, in a news release published in the Arkansas Democrat-Gazette.
He went on to say that investments needed for upgrades and long-term viability for the plant operations are not ecomically feasible, given the future view of the market. An estimated 550 workers will be losing their jobs in the fall, though 500 workers will continue operations in Crossett at the company's 630-acre compound after the closing of the bleached-board facility.
"The Hope plant will close in about 60 to 90 days," said Karen Cole, G-P spokesperson. She estimated "102 employees will be affected there."
Read more: http://www.texarkanagazette.com/news/texarkana/story/2019/jun/05/georgia-pacific-close-hope-plant-plant-102-jobs-lost/781565/
