NewPage-Stora Integration Costs Jobs

To achieve $265 million in synergies, NewPage Corp. announced several moves related to its integration with the former Stora Enso North America. Four paper machines are being closed down permanently at facilities in Rumford, Maine; Niagara, Wis.; and Kimberly, Wis. Its Chillicothe, Ohio, converting mill will be shut down and its equipment relocated to a pair of plants.