Minn. investment firm buys shuttered ...

Minn. investment firm buys shuttered Oregon mill

There are 40 comments on the kstp.com story from Jun 15, 2008, titled Minn. investment firm buys shuttered Oregon mill. In it, kstp.com reports that:

A Minnesota investment firm has been cleared by a bankruptcy judge to purchase Halsey's Pope & Talbot pulp mill, which put 180 people out of work when it closed in May.

Officials at Wayzata Investment Partners have declined to comment on their future plans for the mill. The Minnesota firm, which specializes in private equity and hedge funds, purchased the mill for $31.15 million.

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burned in Halsey

Lebanon, OR

#1 Jun 18, 2008
How can another company start rebidding again for a company who has already been purchased through the bidding process? Then refuse to talk to the union and only going to hire back 49% of the previous employees in order not to have to open up union. I would like to know how is this legal?
Baleline

Springfield, OR

#2 Jun 18, 2008
Talk to your law makers, and pray you're in the 49%
Baleline

Springfield, OR

#3 Jun 18, 2008
Oh! And not on the (nonexistant) blacklist
I once worked at Halsey

Lebanon, OR

#4 Jun 18, 2008
I think I'm better off being on that (nonexistant) blacklist. I'd still get unemployment, and qualify for all those programs that seem to be popping up. I just saw the packet and we're taking it in the shorts. vacation, no time and a half, and the biggie 50% health ins costs. STILL no word of what our pay will be.
burned in Halsey

Lebanon, OR

#5 Jun 19, 2008
I just spoke to a person who is an electrician and he said they cut the electrical pay by $4.00 an hour and pay increases could happen depending on what you know. This company is here to make as many bucks as they can and they do not care about the employess. As far as programs popping up he said he hadn't been informed of any. To work in the pulp and paper industry used to be good money but companies like Wayzata are going to do what they can to make sure good wages and benefits will be nonexistent.
goodbye to great people

Eugene, OR

#6 Jun 19, 2008
We all watched it decline in a about a 10 year stretch...as soon as we picked up Canada we all knew it could blow up in our faces. These companies just dont care. My job will probably be done in another country by an 800 number! There are a few faces I would "pay" never to have to see again. Im looking for a place that will treat me with respect, I'll take the pay cut. That black list people keep referring to....didnt they clean it out once about 5 years ago?? oh no that was downsizing jobs....right.
Machine Tender

Canada

#7 Jun 19, 2008
goodbye to great people wrote:
We all watched it decline in a about a 10 year stretch...as soon as we picked up Canada we all knew it could blow up in our faces. These companies just dont care. My job will probably be done in another country by an 800 number! There are a few faces I would "pay" never to have to see again. Im looking for a place that will treat me with respect, I'll take the pay cut. That black list people keep referring to....didnt they clean it out once about 5 years ago?? oh no that was downsizing jobs....right.
Funny, we in Canada had the feeling that it would "blow up in our faces" when Peter, Mike, Maria and Angel showed up. They were/are losers and Canada is better off without them. They drove P&T into the ground. Particularly Maria. Is it called nepotism when Peter put her in charge of pulp or sawmilling. I wish you the best in your new endeavors and hope your new owners work out for you....but it doesn't look good.
burned in Halsey

Lebanon, OR

#8 Jun 19, 2008
In response to Machine Tender. No Sir it is not good. The new Company that purchased the mill is just here to make what they can and God only knows what they will do with the company when they are finished. Sadly but true the people will suffer. The new Company is offering just enough to allow the employes to survive. The new companys wages are about the same as a sawmill company. They are not even in the same wage group as most pulp and paper Industries and they know this and they do not care. Just hanging in there until something better comes along.
burned in Halsey

Lebanon, OR

#9 Jun 19, 2008
Oops forgot to add that according to talk the only ones who did not take a pay cut was management. This was told by a supervisor who was offered a position. Never mind the men who work their rears off to keep the place up and running and making record breaking production. The ones who work the hardest and who took pride in their work are the ones taking it in the rear. So much for loyality and good work ethics.

Since: Jan 08

Lebanon, OR

#10 Jun 19, 2008
you get what you pay for...I think the folks from Minn. are in for a suprise..you dont treat people like that...then expect them to turn out 1 million a month to stick in thier all ready fat wallets. No job is worth being treated like pond scumm......
burned in Halsey

Lebanon, OR

#11 Jun 19, 2008
Baleline, thank you for your suggestion of contacting my lawmakers. I did just that and I'm waiting for a response if I recieve one. Thanks again.
burned in Halsey

Lebanon, OR

#12 Jun 19, 2008
Pulp in Town well spoken. I think that probably a 100% of the employes feel this way but they just don't say it. Including Supervisors, they don't like what they see either.
I once worked at Halsey

Lebanon, OR

#13 Jun 19, 2008
It's been long said that moral makes money. We can dictate to WAYZATA that we can make a difference.
Pulper

Nanaimo, Canada

#14 Jun 20, 2008
I once worked at Halsey wrote:
It's been long said that moral makes money. We can dictate to WAYZATA that we can make a difference.
One thing I noticed at Harmac the upper management couldn't care less about employee moral and even went out of their way to make it a lot worst.It was so in your face, that it had to have been on purpose on their part.Its ironic that now they want to be come our partners on a purchase agreement.In my opinion there has been to much (bad) water under the bridge.

Since: Jan 08

Lebanon, OR

#15 Jun 20, 2008
I once worked at Halsey wrote:
It's been long said that moral makes money. We can dictate to WAYZATA that we can make a difference.
I aggree...but it is the other way around..Wayazata is in charge of morale now, and if this is how they manage people the money will come but there will be a lot of turn over to get it..This a managers dream come true ( non-union mill ), the company can do what ever it has to and make $$ with no regard to the human toll. We are just a decimal point on a calculator.
Baleline

Rogue River, OR

#16 Jun 20, 2008
Hoping these "people" are just playing "flip this Mill" and we can get a wood products company to run Halsey. May not get any better, but can't get much worse
goodbye to great people

Eugene, OR

#17 Jun 21, 2008
Machine Tender wrote:
<quoted text>
Funny, we in Canada had the feeling that it would "blow up in our faces" when Peter, Mike, Maria and Angel showed up. They were/are losers and Canada is better off without them. They drove P&T into the ground. Particularly Maria. Is it called nepotism when Peter put her in charge of pulp or sawmilling. I wish you the best in your new endeavors and hope your new owners work out for you....but it doesn't look good.
Oh no offense was meant towards the Canadian mills, simply that there was no way in heck that P&T mgmt were going to be able to handle it all. The way it was handled just in the purchase should have said it all. I have a very strong feeling I wont be going back, Im a paper pusher.
Baleline

United States

#18 Jun 25, 2008
New company is playing games. They hired back most of the ex P&T workers, prob. knowing that this would allow the union back in. They may be money hungery, but they are not stupid. Personal opinion: Shitty wage and benefit package is their lowball starting point for negotiations. That way they can give some ground, and still have a better (for the company) labor contract than they would have gotten by recognizing the union, and we'll think we got a better deal.
I also has given the company a chance to mess with the staffing. At least 4 union people gone, a job or two cut, etc.
burned in Halsey

Lebanon, OR

#19 Jul 3, 2008
Yeah the new company is playing games. The big news will be if the employees actually get paid. So far the only ones who have gotten a paycheck are the company personnel. The first check was to be paid today 7-3-2008 and from a friend of mine no one has recieved pay as of yet. The real shocker was 854.00 a month for health insurance with a 750.00 deductible per person per year. Whoa isn't that a great deal, plus the pay cuts etc. What a deal.

Since: Jan 08

Lebanon, OR

#20 Jul 3, 2008
burned in Halsey wrote:
Yeah the new company is playing games. The big news will be if the employees actually get paid. So far the only ones who have gotten a paycheck are the company personnel. The first check was to be paid today 7-3-2008 and from a friend of mine no one has recieved pay as of yet. The real shocker was 854.00 a month for health insurance with a 750.00 deductible per person per year. Whoa isn't that a great deal, plus the pay cuts etc. What a deal.
I did get my deposit this morning..kind of depressing though...hope baleline is right and we can get back some of our wages,reduce the health care costs..it will be hard to stay here if they don't... people in the retail industry pay this much but not what you would expect in the pulp & paper industry.

7 weeks off work
stuck with thousands of dollars of medical and prescription costs
boned on our vacation and severence

and we are all supposed to have a big grin..that is a tough pill to swallow...

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