ROSEBURG, Ore. — This story comes from the Portland Business Journal, a KGW news partner. For the full story, as well as other Portland business news, click here .

Roseburg Forest Products is shutting down its hardwood plywood plant in Douglas County immediately, the company said Thursday, putting 107 people out of work.

The privately held Springfield-based company, which has about 2,800 employees, said it was bowing out of a hardwood plywood market now dominated by low-cost imports.

"The company's decision to exit reflects a disciplined approach to long-term competitiveness and product alignment," it said in a new release.

The shuttered operation was part a Roseburg plywood facility in Dillard that dates back to 1952. Other operations at Dillard will continue, the company said

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