Seasonally unadjusted unemployment rates declined in most of Michigan in November, but the rates did increase in three regions. The U.P. was one of those three. Among the counties with a double-digit rate were Keweenaw, Baraga and Ontonagon. Houghton County’s unemployment rate was a little less than 8%. That news …Read More »
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Paper Mill Deal in U.P.
Two companies that operate paper mills in the Upper Peninsula have struck a deal. Verso Paper announced Monday that it plans to buy NewPage Holdings Inc. for $1.4 billion. The Memphis, Tennessee-based coated papers maker expects the acquisition of the printing and specialty paper maker to conclude in the second …Read More »