Business News
Fraser Papers Announces Downtime on Two Paper Machines
Thursday 04. December 2008 - Fraser Papers Inc. ("Fraser Papers" or the "Company") (TSX:FPS) announced today that it will take up to 5,100 tons of downtime on two paper machines at its East Papers operations, due to weak markets.
The shutdown is expected to commence December 24, 2008, and will allow the Company to balance inventory levels of specialty and commodity groundwood papers with customer demand. The two paper machines are expected to restart on January 5, 2009, subject to customer orders.
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