The City of Wayzata appears ready for anything as reportedly the United Steel Workers get set to march onto Lake Street to the headquarters of Wayzata Investment Partners. Yesterday, Marketwatch.com, a division of the Wall Street Journal, carried the story:
According to the article, “In June of this year, Wayzata Investment Partners bought the former Pope & Talbot paper mill in Halsey, Ore., and renamed it Cascade Pacific Pulp. In the change of ownership, longtime workers were fired and then made to reapply for their jobs. Wages were slashed from 12 to 28% and employees forced to pay up to $3,000 for deductibles and up to $10,000 in out-of-pocket expenses to retain family health insurance. “
The article went on to say, “USW members from the Oregon plant will be joined by union supporters and community allies from Minnesota at the march and demonstration at Wayzata Investment Partners. This event takes place Friday, Sept. 5, 12 Noon at the firm’s offices at 701 Lake St, E., Wayzata, Minn. The union delegation will seek a meeting with Wayzata boss Patrick Halloran and urge him to halt the company’s unfair demands on workers and their community.
Paper mill workers feel this demonstration at the equity firm’s offices is justified. “If we have no other way of making contact with absentee owners like Wayzata Investment Partners, we have to go to them,” said Jim Gourley, financial secretary for USW Local 1189 in Halsey. “
For the full article, please follow this link:
