Georgia-Pacific Corporation

GEORGIA-PACIFIC CORPORATION: For the second time in less than a year, Georgia-Pacific Corp. has laid off 300 workers after suspending operations at one of its two plywood mills in Crossett. The recent decision came after the company projected slow sales because of a weak housing market said a spokesman for the Atlanta based company. The suspension of plant operations comes at a time when the nation's housing market is depressed and the plywood industry has struggled to compete with producers of oriented strand board, which is a similar use product but is made from raw materials four times less expensive than plywood. 11/26