DERIDDER, La., Sept. 3 /CNW/ -- Boise Inc. (NYSE: BZ) announced today
that operations impacted by Hurricane Gustav are expected to return to full
production within the next 24 hours. The company's containerboard and
newsprint operations in DeRidder, Louisiana, were curtailed in advance of the
"Our curtailment allowed adequate time for employees to evacuate safely
from the storm and to ensure an orderly shutdown of our facility," said Robert
Strenge, Senior Vice President, Manufacturing. "No employees were injured in
the storm, and the facility sustained no damage. The mill is environmentally
stable and experienced no upsets during the storm."
The company's containerboard and newsprint operations in DeRidder have an
annual capacity of over one million tons. Downtime at the mill is expected to
be approximately 10,000 tons, including 3,500 tons of newsprint and 6,500 tons
of linerboard. Operations and maintenance personnel are working diligently to
resume normal operations.
"The lessons learned from Hurricane Rita in 2005 served this facility
well," said Mr. Strenge. "Our employees did an excellent job of preparing for
Hurricane Gustav to protect people and assets."
About Boise Inc.
Headquartered in Boise, Idaho, Boise Inc. (NYSE: BZ) manufactures
packaging products and papers including corrugated containers, containerboard,
label and release and flexible packaging papers, imaging papers for the office
and home, printing and converting papers, newsprint, and market pulp. Our
entire team of more than 4,600 employees is committed to delivering excellent
value while managing our businesses to sustain environmental resources for
future generations. Visit our website at http://www.BoiseInc.com.
This release contains "forward-looking statements" within the meaning of
the federal securities laws. These statements reflect management's current
views with respect to the effect of Hurricane Gustav on our operations. These
statements are subject to risk and uncertainties. We note that a variety of
factors and uncertainties could cause our actual results to differ
significantly from our current expectations. Factors and uncertainties that
might cause such differences include, but are not limited to: the ability to
restore production at the mill in a timely manner, unanticipated equipment
failures and malfunctions, interruptions in power supply or transportation
resources, workforce stability, weather, and other factors, many of which are
beyond our control.
For further information:
For further information: Media, Dick Myers, Office, +1-337-462-4091,
Cell, +1-337-540-8481, or Investors, Jason Bowman, +1-208-384-7456, both of
Boise Inc. Web Site: http://www.BoiseInc.com