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Smurfit Stone Bankruptcy Fallout

Smurfit-Stone to Close Frenchtown Mill

The local shut-down affects more than 400 workers, with serious consequences for the region, experts say.

By Amy Linn, 12-14-09

Year after year, the employees said, they worried the rumors would come true: the Smurfit-Stone mill in Frenchtown—home to some of the best-paying manufacturing jobs in the region—would close down for good. But when it comes to losing a livelihood, not even years of preparation can make the shock go away.

“I thought it was only a matter of a time, but it hit us a little unexpectedly,” said soft-spoken mill worker Howard Cotten, describing how he felt when he heard the news this morning.

“My two bosses were both in tears,” said Connie Thompson, a lab worker who started at Smurfit-Stone in 1982. People spent the day in a daze, Thompson said at the end of her shift this afternoon. “It’s a family out here,” she added. “It was like, you just walked around and realized you won’t be working out here any more—a place you’ve worked for 27 years.”

The reactions outside the containerboard plant were echoed by general dismay throughout Missoula today as word spread that Smurfit-Stone Container Corp. will stop operating its Frenchtown mill on Dec. 31, leaving 417 people jobless. The company is also shuttering a plant in Ontonagon, Mich., affecting 182 people.

“I did not expect a closure, so it is kind of shocking news,” said Missoula Mayor John Engen this morning. Engen said he’d been in touch with Montana’s senators in Washington and with state and local officials to discuss the shut-down and potential ways to assist laid-off employees. “We have some responsibility to step up and help these folks out and offer retraining programs or whatever we can do,” he said.

Ron Houseman, president of the United Steelworkers Local 885, which represents mill workers, was similarly disheartened. “These jobs are good, middle-class, high-earning jobs, and they’re an important part of the community,” Houseman said. “How many jobs can you think of where you can earn more than $50,000 a year on a high school degree?”

The average wage at the mill is $25.44 an hour, or nearly $53,000 a year; the 77 managers at the plant made that much money or more, said Houseman, a newly-elected Missoula city councilman. All told, the 340 hourly employees together made about $18 million a year—salaries that trickled down in money spent throughout the region.

Erasing those jobs will affect untold numbers of other people, “including all the providers and vendors who supply the mill, the guys who run logging trucks, and all kinds of businesses,” Houseman said. “The mill was a very large factor in the economy, not just for the wood products industry, but for Missoula and all of Montana.”

The plant was second only to NorthWestern Energy in the amount of taxes it paid to Missoula County, according to Missoulian reporter Betsy Cohen. It’s also a financial mainstay in Frenchtown. “In 2009, it owed 1.7 percent of the [Missoula] county’s total property taxes, nearly 20 percent ($134,281) of the Frenchtown Fire District’s budget, and 21.7 percent ($825,976) of the Frenchtown School District’s budget,” Cohen reports.

The backdrop to this story involves cost-cutting, the recession—and bankruptcy. Smurfit-Stone—a leading paper container and box manufacturer with nearly 150 facilities and 22,000 employees worldwide— filed for Chapter 11 protection in January 2009, plagued by $5.6 billion in debt and stricken by weakening demand for its corrugated cardboard and other products.

Rumors about a plant closure in Frenchtown spiked after the bankruptcy filing. Anger did, too, particularly after the company won permission from a bankruptcy judge in April to pay as much as $47 million to 3,700 executives and other workers, according to Bloomberg news.

“I think maybe management hasn’t been as good as it could have been,” as Cotten put it. “The bonuses maybe didn’t need to be made—but that seems to be the way corporations work these days. It’s just ‘take the money and run,’” he said.

The Creve Coeur, Mo. and Chicago-based Smurfit submitted a reorganization plan to the U.S. Bankruptcy Court in Delaware this month. The plan preserves pensions for employees, but also outlines huge restructuring costs. The Michigan mill and the Montana plant, which makes linerboard, were simply not profitable enough, Smurfit-Stone announced this morning.

According to the company statement, “The Missoula mill, which produces 620,000 tons of liner annually, and the Ontonagon mill, which produces 280,000 tons of medium annually, are high-cost facilities that do not provide adequate returns over the long term.” The decisions “do not reflect on the hard work and commitment of the employees at the Ontonagon and Missoula mills,” said Steve Klinger, president and COO of Smurfit-Stone, in the statement.

Dick King, president of the Missoula Area Economic Development Corporation, said in an interview today with KPAX reporter Allyson Weller that the fallout for the region could be “very serious.”

“Obviously a lot of our small businesses rely on supplying services and goods to Smurfit, so the impact is very significant,” he told Weller. “Hopefully there will be ways to mitigate that impact.”

The shut-down comes amid a 10 percent unemployment rate nationwide and the shedding of more than 7 million jobs since the beginning of the recession. In Montana, the unemployment rate stands at about 6 percent—better than the national picture, but far higher than the 2 percent rate the state enjoyed in pre-recession 2007.

One bit of better news is that, although the plant closes Dec. 31, employees will be paid through Feb. 11, Houseman said. They will also be eligible for federal programs that help workers advance their education and learn new trades. “Ideally, people will be able to access these benefits and move into fields that there’s a higher demand for,” he said.

Even more ideally, the closure never would have happened in the first place, said the employees filing out of the plant, as light snow merged with billowing smoke from the stacks. “There’s a very angry feeling in our group,” said Connie Thompson. “This company has not been honest with us.”


This story has been updated.



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