Thursday, May 14, 2009

Besieged Louisiana Pacific Clings to Naming Rights As It Closes Another Mill & Lays Off More Workers

Louisiana Pacific is cutting 70 jobs at its fibre board plant in East River, Nova Scotia. 66 of the jobs are unionized positions, and 4 are management. They're downsizing in Minnesota, Wisconsin, and Michigan.

Yet, they're paying the Titans $30 million for naming rights to the football stadium in Nashville. What business are they in again?

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