Employees at the Futuremark Manistique paper mill have apparently voted to accept a pay cut.
An ABC 10 viewer provided us this information anonymously. He tells us that employees at the mill voted on Wednesday to accept both a pay reduction and a reduction of retirement benefits. The vote tally was apparently 64-19 in favor of accepting the cuts.
We’ve been attempting to confirm this information. So far, officials both at Futuremark Manistique and at the corporate level have been unavailable for comment. If we can obtain any additional information, we’ll pass it along to you as soon as we have it.
The Watermill Group, a Massachusetts-based private investment firm, owns the mill. mBank won a national award for helping the mill emerge from a 2011 bankruptcy back when it was still known as Manistique Papers.