Georgia-Pacific lays off 118 more

Georgia-Pacific Wood Products has notified state regulators that it laid off an additional 118 employees at its Roxboro plant.

Georgia-Pacific had curtailed operations in June and July and expected the slowdown would last less than six months, according to a letter sent to the state under the Worker Adjustment and Retraining Notification Act.

But poor economic conditions led the company to institute broader layoffs. The factory, about an hour north of Raleigh, makes walls, frames and other engineered wood products for new homes.

It's the latest fallout from the ongoing housing slump, which has hurt builders and suppliers.

Georgia-Pacific said the affected employees could eventually be brought back, though it gave no time frame. "Although the reduction is temporary, it is unclear when market conditions will improve," the company said in its letter to the state.