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Why U.S. Forest Industries shut down in 2003
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Author Topic: Why U.S. Forest Industries shut down in 2003  (Read 4076 times)
billy-bob
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« on: March 11, 2013, 03:26:51 PM »

Because the powers that were bought a sawmill in Mississippi hoping the price of wood would go up; unfortunately; it didn't, so, GMACC pulled funding and the mill closed having all of the employees lose vacation pay and severance pay (required by the WARN ACT) because a 90 day notice was not given; just a termination notice in the mail.
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