MIAMISBURG, Ohio – NewPage Corporation reports a $21 million net income in the third quarter of 2013. The company says it is in line with its expectations.

That compares with a $47 million loss during the third quarter in 2012. However, sales were down 3 percent in 2013 compared to 2012.

“A weaker commercial environment was largely offset by reduced controllable costs and lower inflation,” said NewPage president and CEO George Martin.

Costs of sales declined during the third quarter on a year over year basis by $63 million. Decreased volume and lower pension, depreciation and maintenance expenses were offset somewhat by inflation. Inflation was lower than expected for the quarter driven largely by lower latex prices and lower wood costs.

The paper industry continues to decline. The company sales overall printing and writing paper demand decreased 1.8 percent so far this year. Sales are typically lower in the fourth quarter.

NewPage owns the Escanaba Paper Mill.