For additional information about this release, please contact:
Lance House, 904-277-5782
Copyright © 2000-2001 Smurfit-Stone Container Corporation
Announces Downtime at Fernandina Beach Containerboard Mill
FERNANDINA BEACH, FL (April 12, 2001) -- Smurfit-Stone Container
Corporation (Nasdaq: SSCC) today announced its intent to temporarily cease
production and lay off the hourly workforce on the No. 2 Paper Machine
at its Fernandina Beach, FL, Mill.
The decision to take downtime was based on projected market conditions
and higher energy costs. A total of 35 hourly employees will be affected.
The Fernandina Beach Mill employs 610 people and has annual linerboard
capacity of approximately 985,000 tons. The No. 2 machine produces approximately
573 tons of linerboard per day.
Smurfit-Stone Container Corporation is the premier
manufacturer of paper- and paperboard-based packaging. Smurfit-Stone holds
industry-leading positions in the production of containerboard including
white-top linerboard and recycled medium, corrugated containers, industrial
bags, and clay-coated recycled boxboard; and is the worlds largest
paper recycler. In addition, Smurfit-Stone is a leading producer of folding
cartons, solid bleached sulfate, paper tubes and cores, and labels. The
company operates more than 300 facilities worldwide and employs approximately