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The Austell, Ga.-based recyclecd paperboard and packaging company had a net lossof $24.5 millioj on $854.2 million in sales, comparer with net income of $47.3 million on $933 million in salees in 2006. Loss per share was 86 centsx a share, compared with earnings of $1.66 a shar e in 2006. "The company has worked hard to replacer volume impacted by aslowing U.S. economy," said Michael J. president and CEO of Caraustar.
"During the fourth quarter, our gypsujm facing paper mills operated near capacityu by producing alternate papergrades (tuber and core grades at our Sweetwater mill and containerboarx grades at our PBL joint venture), and our same-milol URB volume was up slightly over prior Capacity utilization for the industryt continues in the low 90 We are still challenged by high fiber and energ y costs, which compressed margins $17 a ton in our mill grou in the fourth quarter.
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