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We are a major manufacturer of recycled paperboard and convertedpaperboared products. We operate in four business segments. The paperboarc segment manufactures 100% recycled uncoated and clay-coated paperboard and operates a specialt yconverting operation. The recovered fiber segment collectx and sells recycled paper and brokers recycled papee and otherpaper rolls. The tube and core segmenrt produces spiraland convolute-wound tubees and cores and edge protectors. The folding carton segment produces printed and unprinted foldingt cartonsand set-up Our business is vertically integrated to a large extent.
This meane that our converting operations consumse a large portion of our ownpaperboard production, approximately 52% in the first three monthsx of 2009. The remaining 48% of our paperboardd production is sold to external customera in any of the four recycledpaperboard end-usew markets: tube and folding cartons; gypsum wallboard facing and specialty paperboard products. As part of our strategu to optimize our operating each of our mills can produce recycle d paperboard for more thanone end-use This allows us to shift production among mills in responsre to customer or market demands.
More in light of the difficulr operating climate wehave faced, and in an efforyt to reduce costs and improve our businessx mix, capacity deployment, and restructuring activities have been an importang element of our strategy. ...
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