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Chillicothe, OH Attorney News Archive"Ohio Senator Jon Husted Advocates for Bankruptcy Reform Amid Chillicothe Paper Mill Closure"Cleveland's Senator Jon Husted has voiced strong criticism against the owners of Pixelle Specialty Solutions following their announcement to close the historic paper mill in Chillicothe. This decision comes despite prior commitments to keep operations running, raising significant concerns among local stakeholders. Husted pointed out the urgent need for reforms to federal tax benefits currently favoring private equity firms, which he accuses of engaging in asset stripping. The impending shutdown of the mill, which was initially postponed due to pressure from officials, underscores a troubling trend in business and corporate practices that puts local jobs and economic stability at risk. In light of these developments, Husted, who has recently secured an endorsement from the Ohio Chamber of Commerce for his re-election campaign, stressed the importance of transparency and trust in corporate dealings. As conversations about the future of the mill site continue, including the exploration of potential redevelopment opportunities, experts in real estate law may soon assess the implications for the affected employees and the broader community. |
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