Catalyst Paper is permanently closing its Snowflake mill in Arizona:
Catalyst Paper has decided to permanently close its Snowflake recycle mill located in northeastern Arizona and its subsidiary the Apache Railway Company. The mill has two PMs with the capacity to produce ~400,000 stpy of newsprint and uncoated mechanical paper.
This follows extensive efforts to improve the operation’s financial performance in the face of intense supply input and market pressures. The operation is scheduled to shut production on September 30, 2012.
