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P.M. BRIEFING : Paper Firm Closing Plant in Pa.

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<i> From Times wire services</i>

Georgia-Pacific Corp. said today it is closing its paper plant in Reading, Pa., a move that will put 100 people out of work.

The Atlanta-based company said that the plant is no longer profitable and that cost reduction measures and production changes implemented earlier this year failed to turn things around.

Georgia-Pacific said it has given employees 60 days notice of the closing, as required by law. The facility will close July 24.

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“Employees understood that the mill wasn’t profitable and worked to improve productivity and operating conditions,” said James G. Crump Jr., senior vice president for communication papers.

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