Longview Fiber closes paper machine

Longview Fiber Paper and Packaging is closing one of its paper machines Tuesday and laying off about 90 hourly workers by next week.
Fiber President Frank McCone says the slowing economy reduced demand for products produced at the No. 9 machine, including lightweight containerboard used in corrugated boxes and Kraft paper used in cement bags.
McShane says the move is a business decision and the company will re-evaluate whether to restart the machine next year.
The pulp and paper mill was sold to Brookfield Asset Management for $2.15 billion last year, ending 80 years of local family management.