These types of stories should be driving investments in diversifying the railroad to meet the requirements of the container business in Northern New England.
riffian wrote:http://bangordailynews.com/2013/11/19/b ... s-unknown/Thanks for the link! Please don't forget to provide a short fair-use quote; occasionally web sites will change their links and we might not be able to find the article again.
Bangor Daily News wrote:The company is stopping production on its No. 12 paper machine, which currently produces roughly 300 tons per day of coated paper used for magazines and catalogs. It is both the oldest — built in 1948 — and smallest of the mill’s three paper machines, Lyons said. The mill’s total annual production is approximately 550,000 tons of coated paper.Source: http://bangordailynews.com/2013/11/19/b ... s-unknown/" onclick="window.open(this.href);return false;
While Lyons wouldn’t estimate how many employees will be impacted, Ron Hemingway, president of the Local 900 United Steelworkers union, told the Sun Journal that “around 120 people” may be affected by the shutdown of the No. 12 paper machine.
Cowford wrote:I doubt a lot of magazines are published offshore, given it would take a 1-2 months to distribute what is a perishable product. Imported print media represents only 7% of domestic demand; exports are actually greater than imports.I don't know about magazine printing but my understanding from people who work in the paper industry in Maine is that they are in fact facing significant competition from Chinese paper mills. That being the case, increasing labor costs will go a long way to eliminate this advantage.