A decrease in paper use, a recession with decreased overall demand, and you get the already hurting town of Hoquiam slammed with a the equivalent of a business tornado. My heart goes out the families that will be affected, along with the businesses that they supported. I don’t think that tourism is going to fix this. -Editor
By KING 5 News
KING5
updated 5/26/2011 6:18:50 PM ET
HOQUIAM, Wash. — After years of struggling to stay profitable in the current economy, Grays Harbor Paper LLC finally folded Thursday.
The president of the company, Patrick Quigg, announced the Hoquiam mill will shut down, effective immediately.
Grays Harbor Paper employs about 240 people, who help produce copy and printing paper for businesses and organizations across the Northwest, including the City of Seattle, City of Portland, and Nike. Potentially all will be laid off.
Read the rest of the story at:
http://www.msnbc.msn.com/id/43184298
Filed under: Puget Sound | Tagged: Olympic Peninsula, Puget Sound |
