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International Paper in Franklin to close up 1100 People lose their job

By
Real Estate Agent with Keller Williams Elite HRRA# 0225063945

http://www.wavy.com/dpp/news/local_news/local_wavy_franklin_paper_mill_announcement_expected_20091022

Read the link above.

 

Wow Im thinking what is Franklin and the surrounding areas going to do ? My family has extended family that work at the paper plant and have started to get very concerned about what is going to happen to thier family and home. Im at a loss of thoughts at this point. I know the surrounding areas are going to be grossly effected by this. So with the 1100 losing their job what will that do in the ripple effect ? Great news Tim Kaine is promising to help but who is going to help the surrounding cites and the local stores who will have to close up shop. RICHMOND, Va. — Calling International Paper Co.’s plan to idle its Franklin plant “a deep blow” to Virginia, Gov. Timothy M. Kaine is promising help to the nearly 1,100 families affected by the closure. I hope this is not something that kill this little town. Places like Como, Courtland, Suffolk. are going to feel this as well. Kaine said Thursday that he would direct the Virginia Employment Commission to dispatch an economic crisis strike force to Franklin within the coming days. The world’s largest maker of cardboard box materials announced plans Thursday to cut 1,600 positions in four states as it brings capacity in line with sharply diminished demand. Besides the Franklin plant, the company plans to close plants in Albany, Ore., and Pineville, La. It also is permanently shutting down an idled mill in Valliant, Okla. SOURCE : http://blog.taragana.com/n/va-gov-vows-aid-to-1100-families-affected-by-international-papers-franklin-plant-closure-203983/