Monday, November 17, 2008

Newsprint

The makers of newsprint attempt to break the law of supply and demand. There was a time when smart publishers had their own mills. Brian Mulroney's father worked in one owned by the Chicago Tribune. But then came leveraged buy-outs, and the new owners sold the plants. Many of them bought TV network affiliates or businesses that had no relation to newspapers. Smart move.
Meanwhile, there are four dormant pulp mills on the North Shore of Lake Superior: at Marathon, Terrace Bay, Red Rock and Thunder Bay. And one in Dryden.
Noe there's an industry that needs a bit of government-inspired head shaking.

1 comment:

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