PHILLIPS, WI - Georgia-Pacific will close its engineered wood products facility in Phillips, Wisconsin, by the end of October, eliminating 53 jobs.
A Georgia-Pacific spokesman told WAOW TV the closure comes after years of declining demand for the wood paneling and specialty wood products produced by the facility, which has been operating at less than 70 percent capacity. Built in 1958, the plant was one of seven G-P mills in Wisconsin.
A WARN notice was filed in Wisconsin on Aug. 28 for the closure.
Wood components firm Osborne Wood Products says it is developing an appreciation sale to capitalize on seasonal surge in tale slide sales. It researched data from two years of ordering patterns in planning its promotion.
Quanex Building Products Corp. is acquiring cabinetry components maker Woodcraft Industries for $248.5 million in cash. The transaction by Quanex, a window and door components manufacturer, is expected to close in the fourth quarter.
A few years ago I cut a huge American Elm log into slabs and quickly sold all of them except one piece that ended up being short after hitting a few nails. The nails dulled the sawmill too much to finish the cut, until a new order came in.
Whiskey distiller Brown-Forman said the rising cost of oak for its whiskey barrels has cut into profits. With one of the most advanced barrel making plants in the world, the company is still running into a shortage of oak barrels as Jack Daniel's bourbon production rises.
Gingrich Woodcraft and the Unifor union failed to negotiate a settlement during a meeting at the Ontatio Labor Relations Board on August 24. Citing Mennonite beliefs, the wood Devlin, Ontario components manufacturer's owner, Leon Gingrich, closed August 17 after workers voted to unionize on August 12.