A Positive Story About Schmidt
Economic news isn’t rosy anywhere these days, and the paper industry hasn’t escaped unscathed, what with six straight quarters of price increases. But as 2008 saw many mills resort to “downtime”, to achieve a balance between supply and reduced demand, there comes an uplifting story out of Byron, MN.
Schmidt Printing, which has been around more than 100 years, announced plans for a $5 million investment in its Byron facility. That investment adds approximately 30 new jobs for a company that already has 350 employees. Schmidt President Joe Ferguson said in a release: “We are very fortunate during the current economic environment to be growing our business.” more






