(York, PA) -- "Penn Live" says the Glatfelter company of York, Pennsylvania plans to cut 120 jobs, including 50 positions at its plant in Chillicothe.
Glatfelter CEO Dante Parrini said in a written statement that "the supply-and-demand imbalance in the printing and writing markets continues to put pressure on industry operating rates and selling prices."
The company says the cost-cutting measures are expected to improve Glatfelter's profitability by nine-million-dollars.