Monday, October 24, 2005

DUPED BY BIG TIMBER: DENOUEMENT

IT HAS BEEN ANNOUNCED

http://seattletimes.nwsource.com/html/localnews/2002579665_aberdeenlayoffs24m.html

That the Weyerhaeuser Corporation will be closing two landmark facilities, an 81 year-old sawmill and a 50 year-old pulp mill, both located in Cosmopolis near Aberdeen.

"The Federal Way-based company cited high operating costs and aging machinery, among other problems. Weyerhaeuser said the closures were part of broader plans to fine-tune its operations."

Translation: We can do it cheaper elsewhere. So we're taking the money and running. Twelve years after the Spotted Owl. Fortyy years after they started to plan the great flight!

The greatest enemy of Capitalism is Capitalists. Sometimes, they are the greatest enemy of the common man.

Prediction: They will sell their mature timber holdings in the Aberdeen / Raymond WA working circle to overseas interests in Japan, Korea or China by 2010.

As I said in part two: Weyerhaeuser went to Georgia.

Here's one more reason to hope they keep going, straight to hell.

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