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Biden Stimulus Plan Shores Up Weakest Multi-Employer Pension Plans Rather than Taking on Private Equity Abuses


Yves here. I don’t mean to be hard on Tom Conway, the international president of the United Steelworkers Union. The Democrats have taken organized labor for granted for so long that the gestures made by Biden so far, that of speaking out in favor of interference-free union elections, meaning scolding Amazon, and now shoring up a private pension guarantee fund, must seem like a sea change from the posture of the Democrats under Clinton and Obama. Hence it makes sense for Conway to applaud Biden moving in a better direction. However, his headline, The American Rescue Plan is for Real, is out over its skis. ....

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Appvion closing Roaring Spring mill; 293 jobs lost | News, Sports, Jobs


wfrank@altoonamirror.com
First shift workers leave the Appvion paper mill in Roaring Spring on Monday afternoon.
Mirror photo by Patrick Waksmunski
ROARING SPRING One of Blair County’s oldest manufacturing facilities is closing its doors, and nearly 300 jobs will be lost.
Appvion Inc. officials announced Monday they will close the Spring Mill, which has been operating since 1866, this spring.
Altoona Blair County Development Corp. President and CEO Stephen McKnight said he had been in touch with company officials.
“They confirmed they will be ceasing operations in late March or April. In the best economic times, this would be devastating news for the local workforce, their families and our community. In the current global climate, it’s even worse. We are shocked and simply at a loss by this sudden announcement,” McKnight said. ....

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Blair County paper mill operating since 1866 blames closing on COVID-19 pandemic


Blair County paper mill operating since 1866 blames closing on COVID-19 pandemic
Updated Feb 16, 2021;
ROARING SPRING, Pa. A Pennsylvania paper mill that has been operating since 1866 will be closing its doors, idling nearly 300 workers.
The (Altoona) Mirror reports that Appvion Inc. officials announced Monday that its Spring Mill will be shutting down this spring, affecting 293 workers.
Stephen McKnight, president and chief executive officer of Altoona Blair County Development Corp, said the company has confirmed that they will cease operations in late March or April.
He said the news would be “devastating” for the local workforce and the community in the best economic times, but in the current global climate “it’s even worse.” ....

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