Clearwater Paper cuts Arkansas facility production, eliminates 20% of jobs
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Clearwater Paper Reduces SBS Production at its Arkansas Facility
April 9, 2026 4:05 PM EDTSPOKANE, Wash.--(BUSINESS WIRE)-- Clearwater Paper Corporation (NYSE: CLW) today announced the restructuring of its Cypress Bend, Arkansas facility, resulting in the reduction of approximately 20% of salaried and hourly roles at the facility. The company plans to operate the facility at about half of its production capability. The company expects these actions to deliver $8 to $12 million of annualized cost savings, while not impacting shipment volumes.
We are faced with a supply driven downturn in our industry that is pressing margins and cash flows. Weve made this difficult decision to... More
