Business Services Industry
Roseburg, Ore.-Based Lumber Company Will Cut 450 Jobs, Output.
Knight Ridder/Tribune Business News, April, 2003
By Boaz Herzog, The Oregonian, Portland, Ore. Knight Ridder/Tribune Business News
Apr. 2--Roseburg Forest Products announced Tuesday that it will scale back its plywood production and slash 450 jobs, or about 12 percent of its work force, because of stiff competition and a feeble U.S. economy.
"This is a company in transition," said Allyn Ford, president of the Roseburg-based company, which has operations in Oregon, California and Montana.
Most of the layoffs will occur at Roseburg's softwood plywood plant in Dillard, just southwest of Roseburg.
Plywood, which accounts for half of the company's sales, has lost much of its value as an important commodity in recent years. Cheaper competitors have destroyed a large chunk of its...
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