January 15, 2008 at 1:00am
Perhaps we'll trip along only slightly tipsy. After all several have spun off their fiber supply to third parties who now hold those cards ...
January 16, 2008 at 1:00am
Unfortunately, I feel that Gene hit the nail on the head. The bean counters have made a number of balance sheets look better in the short term than they otherwise would by selling the family farm.
The revenue generated has not been used to modernize mills, leaving the industry much more dependent on enegy costs than the European or S American competiton.
Only the low dollar is keeping many mills alive. Notice how much tougher things are in Canada.