Mohawk Fine Papers sets closure date for Hamilton, Ohio, mill as Jan. 13; still no deal on sale of equipment, facility, says New York-based company's COO

LOS ANGELES , December 30, 2011 () –

Mohawk Fine Papers Inc. has set a closure date of Jan. 13 for its paper mill in Hamilton, Ohio, reported the Middletown Journal on Dec. 30.

The Beckett Mill’s three paper machines will run until about the second week of January, said Kevin Richard, COO of Mohawk, which announced in October that it intended to close the 164-year-old mill before year-end.

After the machines are shut down, employees will help clean up the mill and winterize it, said Richard, noting that a number of prospective buyers have looked at the facilities and the equipment, but a deal has not been reached.

Most of the mill’s 137 employees were still working at the mill, he said, the Middletown Journal reported.

If a buyer cannot be found, the Cohoes, New York-based company plans to sell the equipment through 2012 and determine what to do with the property, said Richard.

Although workers at the mill did “everything we asked,” it was not possible to continue operations because of the decline in demand for dark colored text and cover papers used for corporate documents, he said.

The mill’s production will be shifted to Mohawk’s remaining mills in Cohoes and Waterford, New York, according to the company, reported the Middletown Journal.

The primary source of this article is the Middletown Journal, Middletown, Ohio, on Dec. 30, 2011.

 

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.