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WestRock expects $9M impact from Hurricane Dorian in Q4

WestRock Co. is expecting $9 million in potential pretax losses for the fourth fiscal quarter ending Sept. 30, 2019 due to the impact of Hurricane Dorian on its containerboard mills.

The expected losses are related to incremental costs to idle and restore the affected mills, as well as supply chain impacts, the company said in a statement.

The Atlanta-based paper manufacturer idled three containerboard mills located in areas along the projected path of the hurricane, which barreled through the Bahamas and prompted mandatory evacuations along the U.S. southeastern coast. All three mills resumed production after evacuation orders were lifted in their respective areas.