Business Wire·Apr 9, 2026, 4:05 PM ET

Clearwater Paper Reduces SBS Production at its Arkansas Facility

Clearwater Paper Corporation announced a restructuring of its Cypress Bend, Arkansas facility resulting in a reduction of approximately 20% of salaried & hourly roles.
The company plans to operate the facility at about half of its production capability.
These actions are expected to deliver $8 to $12 million in annualized cost savings without impacting shipment volumes.
CEO Arsen Kitch cited a supply-driven industry downturn pressuring margins & cash flows as the reason for the decision.
The company intends to return the mill to full production in the future when industry conditions improve or through an investment in swing CUK capabilities.
Impacted employees will receive severance packages, healthcare subsidies, & outplacement services while the company works with the union through effects bargaining.