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Economic Development Arguments
February 2015
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(above) nearly $200 million investment, hundreds of skilled construction jobs , over 100 permanent high paying  jobs, recently completed in the USA.  
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Welcome to the latest issue of Economic Development Arguments by Paperitalo Publications. In this edition, we
discuss being honest with your community.

Sincerely,

 

Jim Thompson
jthompson@taii.com
678-206-6010
Being honest with your community
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There is an interesting scenario playing out in Bucksport, Maine this winter.  A company named Verso owned a large paper mill in this scenic rural area.  Around 500 high paying jobs.  Last year, they announced they were going to close this mill and sell it to a scrap dealer.

After much weeping and wailing and lawsuits, this happened. From our point of view, we thought this was healthy--the facility is obsolete and its production is no longer needed.  It is time for the community to move on.

However, the scrap dealer that bought the mill has recently said they are entertaining bids from entities that say they want to operate the mill again.  This is a mistake.

We have seen this movie before--many times.  In fact, we have seen this play out not too far up the same river on which Bucksport sits--the Penobscott.  

When these old facilities are obsolete, they are obsolete. There are many conditions that make them obsolete.  It is a fool's paradise to think that a smaller player is going to come along and do some magic here.  What we have seen happen time and again is these old facilities are started and fail many, many times.  This action drains state and local resources, and more importantly, gives the local community false hope that the glory days of old are going to return.

Be honest with your community.  Do your homework if one of these facilities sits in your area.  Support it rising again only when there is overwhelming evidence that it can.  
Talo Analytic and Paperitalo Publications are uniquely able to help you

Jim Thompson, CEO of Talo Analytic International, Inc. has served as Independent Engineer for financial institutions on approximately $6.5 billion in pulp and paper projects in the United States in the last twenty years.  No one individual has done more of these projects (about twenty unique projects).

Paperitalo Publications, a subsidiary of Talo Analytic International, Inc., has the highest ranked publications in the pulp and paper industry worldwide, PaperMoney and Nip Impressions.  Additionally, Paperitalo Publications operates the only regular podcasts to the industry, Pulp & Paper Radio International.  If you want to market to this industry, there is no better value or more effective venue available.
  
Don't hesitate to contact us any time.

We have the expertise, over twenty years of it.  We know the markets, we know the players.  Feel free to contact us any time.
 
Talo Analytic International, Inc.
4018 Keeneland Court
Duluth, Georgia 30096
678-206-6010
 
 

 
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