The "clean house" approach to paper/pulp mill operations is rather traditional. It cleans out the deadwood ~ and boy do those places pile up deadwood. At the same time it eliminates everyone who knows how to run the plants to the requirements of the paper standards they're supposed to manufacture.
The consequence is bad paper, and bad paper results in bad mail, and bad mail results in mailers having to pay higher postage rates because the USPS is well equipped to detect those deviations from standard.
So, yeah, the investment firm earns more than 30% on its investment while screwing their customers.
Even the Russians can make stuff to those standards.
I'd sell my GA Pac stock now if I had any.
Too late. Koch owns it all.
I was at a big mill south of here, calling on the power plant manager and was waiting to get through the security gate. There was a guy in safety glasses, hard hat and ear plugs, holding a garden hose, washing down the sidewalk.
Ten feet away, another guy, hardhat, safety glasses, etc., was watching the guy with the hose. He was the supervisor.