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JAMES RIVER TO SELL MINERVA, OHIO, CONVERTING OPERATION

 RICHMOND, Va., Oct. 13 /PRNewswire/ -- James River Corporation (NYSE: JR) announced today that its Food and Consumer Packaging Business has signed an agreement to sell the company's Minerva, Ohio-based flexible packaging operation and related assets to the Ludlow Corporation of Exeter, New Hampshire.
 The sale of the Minerva converting operation is part of James River's overall cost reduction and productivity enhancement program announced in January 1993. Employing 17 people, the facility manufactures Bon Cap(TM) trademark materials for the meat packaging industry. Ludlow Corporation will continue to serve existing Bon Cap(TM) customers without interruption from its Homer, Louisiana plant. The company expects to finalize the transaction by year end.
 James River Corporation, headquartered in Richmond, Virginia, is a marketer and manufacturer of consumer products, food and consumer packaging, and communications papers. These product lines include brands such as Quilted Northern(R) bathroom tissue, Brawny(R) paper towels, Dixie(R) cups and plates, Eureka!(TM) recycled copy paper, Quilt-Rap(TM) sandwich wrap, and Qwik Crisp(R) microwave packaging. For the year which ended on December 27, 1992, the company had sales of $4.7 billion.
 -0- 10/13/93
 /CONTACT: Celeste C. Gunter (Richmond), 804-649-4307, or Joe Moran (Cincinnati), 513-576-7126, both of James River Corporation/
 (JR)


CO: James River Corporation; Ludlow Corporation ST: Virginia IN: PAP SU:

MH -- DC010 -- 1536 10/13/93 09:37 EDT
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Publication:PR Newswire
Date:Oct 13, 1993
Words:226
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