WI, We use to compete with Canada for selling glossy paper for magazines. This out of country equity firm bought out local paper mill. Using the WI state retirement fund as the purchasers. Ie. Used WI funds to buy the company. SHUT IT DOWN, for years. Then when it was no longer viable or functional they sold the machines for scrap. The motherfuckers used our own money to hollow out a primary industry and kill it. Our small town never recovered. The ass clowns in the state government were bribed? to help kill a competitive company. FFS, these ultra rich just walk in and kill or take whatever they want. I'm sick of it. Neenah use to be a heavy industry, now I drive through it hurts my heart, just lot after lot of boarded up industry. Hollowing out of America.
WI, We use to compete with Canada for selling glossy paper for magazines. This out of country equity firm bought out local paper mill. Using the WI state retirement fund as the purchasers. Ie. Used WI funds to buy the company. SHUT IT DOWN, for years. Then when it was no longer viable or functional they sold the machines for scrap. The motherfuckers used our own money to hollow out a primary industry and kill it. Our small town never recovered. The ass clowns in the state government were bribed? to help kill a competitive company. FFS, these ultra rich just walk in and kill or take whatever they want. I'm sick of it. Neenah use to be a heavy industry, now I drive through it hurts my heart, just lot after lot of boarded up industry. Hollowing out of America.
Canada. Our close cousin.