Mill Closings Change Way of Life
In Wisconsin, mills that produce
publishing-grade paper have been closing at an average of one a year since
2006. Each shutdown means a loss of 300 to 600 jobs, in turn draining hundreds
of millions of dollars from the region and creating an economic drag that
rivals the days of automaker shutdowns in Michigan.
An industry that thrived for generations on a
tight, homegrown loop - from the forest to
the mill to the printer and often back to the mill for recycling - finds itself
at the mercy of Wall Street hedge funds and equally unforgiving global economic
and political forces.