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VOL. 126 | NO. 119 | Monday, June 20, 2011

Buckeye Technologies Closing Canadian Plant

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MEMPHIS (AP) — Fiber and woven goods maker Buckeye Technologies Inc. said Friday that will close a Canadian manufacturing facility by the end of 2012.

The company said it is closing the plant for a number of reasons, including distance from suppliers, customers and a strong Canadian dollar. The move will eliminate 95 jobs.

The plant, located in Delta, British Columbia, makes a light, absorbent, semi-finished product used in everything from baby wipes to feminine hygiene products. Buckeye has owned and operated the facility since 1997.

Following the closure, Buckeye will produce the products in its other facilities in Gaston County, N.C., and Steinfurt, Germany.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 128 234 13,285
MORTGAGES 80 152 8,323
FORECLOSURE NOTICES 0 7 1,244
BUILDING PERMITS 0 157 30,835
BANKRUPTCIES 0 37 6,257
BUSINESS LICENSES 0 53 2,397
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0