THE VIRGINIAN-PILOT Copyright (c) 1994, Landmark Communications, Inc. DATE: Thursday, September 29, 1994 TAG: 9409290503 SECTION: BUSINESS PAGE: D2 EDITION: FINAL SOURCE: (Staff) LENGTH: Short : 18 lines
James River Corp. is considering spinning off two of its units, forming joint ventures and selling certain assets. The Richmond-based maker of Dixie Cups and Brawny paper towels said it may spinoff its packaging business and its communication papers unit to reduce debt, increase profitability and sharpen the company's focus. by CNB