January 15, 1998 in Nation/World

Georgia-Pacific Selling Mills, Warehouses

From Staff And Wire Reports
 

Georgia-Pacific Corp. said Wednesday it will sell most of its millwork fabrication plants as well as 13 distribution warehouses in the Western United States.

Warehouses to be sold or closed in the next three months include ones in Spokane and Seattle. About 15 workers in Spokane and 17 in Seattle will be affected, company spokesman Ken Haldin said in Atlanta.

G-P’s wholesale building materials facility in Spokane is at 6815 E. Mission. Manager Randy Peterson said no firm date has been set for closing the store and deferred further comment to corporate spokesmen.

The company said the planned sales are an effort to cut costs and return its building products distribution business to profitability.

“To achieve this goal, we will take further cost-cutting actions throughout the division in 1998,” said A.D. “Pete” Correll, chairman and chief executive officer.

The sales and closures will affect 1,500 of the division’s 5,100 employees nationwide, the company said.

Georgia-Pacific employs 47,000 people in its building products, paper, pulp and timber operations.

, DataTimes


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