Finch Paper LLC is laying off up to six employees this week, as it works through a buildup of inventory in its sheeted products business, according to John Brodt, a spokesman for the firm.“Due to market conditions, in particular, soft demand for sheeted products, Finch Paper is temporarily reducing operations in our converting department from seven days a week to five days a week, beginning Monday,” Brodt said Thursday.
He said the company has calculated that the effort to bring inventory in line with demand will last through April.“Our goal is to resume seven-day operations when our inventory levels allow,” he said. “We certainly recognize the hardship this is going to place on those employees who are impacted, and we’re looking forward to getting them back on the job as soon as possible.”Brodt said a memo put out by the company Wednesday indicated as many as 12 full-time workers could be impacted by the adjustment, but the firm has been working to reduce that number. He said there could be fewer than six impacted, as the company works to reassign employees.All four of the paper manufacturer’s paper machines continue to operate on their normal 24/7 schedule, Brodt said.
