The International Paper plant in Pineville is shutting down, according to the Town Talk. The last day of operations will be December 15th, with 200 employees laid-off.
That plant has been around since I was a kid, making container-board for worldwide markets. It's been an economic engine in central Louisiana for decades.
Just Damn!
This is a disaster. There's far more than 200 jobs gone forever from CenLa. The pulpwood business is big in Rapides, Grant, Winn, and LaSalle parishes. Look for IP to start selling timberland. That land will be more profitable as high-$ hunting clubs than as pulpwood plantations. Louisiana Pacific sold their land in 40 acre parcels for mostly $200 - $600 per acre. Heads up, Pawpaw!!
ReplyDeleteIP shut down the plant north of Cantonment, FL that my son moved to FL to work in. Now he's working as clerk at a Tom Thumb and at Kroger's. This from BEFORE the economic downturn. We know how it is.
ReplyDelete