Ranked #96 in Manufacturing
Absentee owners.
Single-minded concern for the bottom line.
Friction between workers and management.
Hostile takeovers at the hands of avaricious and unaccountable multinational interests.
The story of America’s industrial decline is all too familiar—and yet, somehow, still hard to fathom. Jamie Sayen spent years interviewing residents of Groveton, New Hampshire, about the century-long saga of their company town. The community’s paper mill had been its economic engine since the early twentieth century. Purchased and revived by local owners in the postwar decades,... more
Single-minded concern for the bottom line.
Friction between workers and management.
Hostile takeovers at the hands of avaricious and unaccountable multinational interests.
The story of America’s industrial decline is all too familiar—and yet, somehow, still hard to fathom. Jamie Sayen spent years interviewing residents of Groveton, New Hampshire, about the century-long saga of their company town. The community’s paper mill had been its economic engine since the early twentieth century. Purchased and revived by local owners in the postwar decades,... more