Clearwater Paper Suspended Idaho Operations Due to Severe Weather Conditions
News General news
Clearwater Paper Corporation (NYSE:CLW), a premier supplier of quality tissue and bleached paperboard products, announced that it has had to temporarily suspend its operations in Lewiston, Idaho due to uncertainty in natural gas supply and damage caused by extreme cold weather. The company is restarting equipment and production at the facility as weather conditions permit.
“We are focused on the safety of our employees and protecting our assets during this period of extremely cold temperatures in the region,” said Arsen Kitch, president and chief executive officer. “We are in the process of repairing equipment and resuming our overall operations.”
The company expects to provide an update on the anticipated impacts of the outage in a future announcement.
