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and cut 111 jobs. The planrt made uncoated recycled boxboard with an annual capacityg ofabout 62,000 tons. "In we announced that we were idlint the Carolina Paperboard mill and would monitor demand in order to determinwe whether it was feasible to resume production at the saidGreg Bartlett, vice president of sales for Caraustar’ws Mill Group, in a statement. “In this increasingly challengingeconomic environment, it is not economically prudent to resumre paperboard production or to continue to keep the paper machine idle." Austell, Ga.-based Caraustar CSAR) will take a pre-tax charge of $9.7 million related to the but it expects the closure will lead to $11.
r million in annual pre-tax savings. Caraustar , hurt by weaker demand and impairment costs. The recycled paperboard and packaging company had a net lossof $98.67 million. Annual sales dipped 4 percent to $819.87 million.
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