PHILLIPS, Wis. (AP) — Georgia-Pacific is closing its specialty wood-products factory in Phillips, eliminating about 60 jobs by late October.
A spokesman for the Atlanta-based company says declining demand for products like hardboard paneling and pegboard is forcing the closure.
Eric Abercrombie tells WAOW-TV sales of products at the Phillips plant have been “on a steady decline” since 2009.
Abercrombie says the plant, which was built in 1958, is operating at less than 70 percent capacity.
He says after the closure, the factory’s equipment will be either sold or scrapped and the building torn down.