International Falls paper mill to cut about 300 jobs

Author:
Updated:
Original:

Another Minnesota paper plant announced it was shredding jobs on Thursday. Idaho-based Boise Inc. announced it will close two of its four paper machines at its International Falls mill, resulting in 300 jobs being permanently eliminated, the Duluth News Tribune reported.

The Mesabi Daily News reported the number was a bit lower: 265 workers to be permanently laid off by Oct. 1. About 580 workers will remain at the plant after the layoffs, that publication reported.

The company had bad news in its first-quarter financial report: It lost $1.2 million from January through March, a dramatic fall in just one year after reporting net income of $21.3 million for the same period in 2012, the News Tribune reported.

"We understand the impact this decision has on our dedicated employees, as well as the community of International Falls. We appreciate their efforts and support over the years," Alexander Toeldte, president and chief executive officer, said in the report.

The downsizing will likely have a ripple effect in 6,400-population International Falls and through the Koochiching County economy, the News Tribune notes. The company in 2010 celebrated 100 years in the paper industry.

Recent months have not been kind to the logging and paper industries. Economic pressures have been forcing the closure of paper mills across the Midwest, the Milwaukee Journal Sentinel notes.

In February, Wausau Paper Corp. announced it would close its mill in Brainerd and put 130 employees out of work.

Verso Paper Corp. shuttered its facility in Sartell last summer after a deadly explosion and fire on Memorial Day.

Next Up

vote, vote now

MN Supreme Court dismisses attempt to block election certification

Another legal defeat for Republicans challenging the election.

prison, Rush City cell block

Another Minnesota prison inmate dies after COVID-19 diagnosis

The virus has killed at least six Minnesota inmates.

leech lake band of ojibwe sign

11,760 acres of land wrongly taken from Leech Lake Band of Ojibwe will be returned

The Senate and now the House have passed a bill that effectively returns the land. It's now headed for the president's signature.

Karl-Anthony Towns

Timberwolves release first half of 2020-21 regular season schedule

The second half of the schedule will be announced at a later date.

reindeer como zoo

Watch live: Como Zoo's live reindeer cam is back for December

The live feed will run 24/7 allowing you to keep an eye on Santa's antlered helpers.

sleeping

Three simple ways to boost your immune health heading into winter

Eating right is one thing, but there are other ways to stay healthy as the days shorten.

Taylor Rogers

Why Twins fans shouldn't give up on Taylor Rogers

The Twins closer struggled in 2020 but could rebound next season.

Co. Rd. 2 crash, Wakefield Twp.

Teen driver leaves road, crashes into three trees

Fortunately, the 16-year-old was not injured.

mndot deer  tunnel 1

Minnesota is getting its first highway crossing for animals

This will provide a safe way for animals to cross the street, and hopefully limit deer-vehicle collisions.

Related