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Unemployment Increases in U.P.

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 …

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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 …

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