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Effort begins to help soon-to-be jobless Smurfit-Stone workers in Montana. Closure Will Have Lasting Impacts On Local Economy

A massive local effort is under way to coordinate financial assistance and retraining support for the 417 workers who will be out of work on Dec. 31 when Smurfit-Stone Container Corp. http://www.smurfit.com/content/ permanently closes its linerboard plant in Frenchtown.

The epicenter is at the Missoula Job Service http://wsd.dli.mt.gov/local/missoula/ , where a series of meetings are being organized to help millworkers navigate unemployment insurance benefits, and to explain the full reach of the federally funded retraining program called Trade Adjustment Assistance.

"These are very difficult days for the Smurfit employees and we don’t want anybody to make panic decisions," said Wolf Ametsbichler, director of the Missoula Job Service.

By BETSY COHEN of the Missoulian

Full Story: http://missoulian.com/news/local/article_b8868e0c-ea06-11de-963b-001cc4c002e0.html

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Smurfit-Stone Closure Will Have Lasting Impacts On Local Economy

The closure of the Smurfit-Stone facility in Frenchtown, with its 417 full-time jobs and about $45 million in payroll and benefits, will have significant short-term and long-term impacts on the Missoula-area economy.

The University of Montana’s Bureau of Business and Economic Research reports that the area’s largest industrial employer has significant linkages with forest products, trucking, rail and other important sectors of the local economy. The Smurfit-Stone Container Corp. announced Monday that it will permanently close its linerboard plant in Frenchtown on Dec. 31.

Patrick Barkey

Full Story: http://news.umt.edu/index.php?option=com_content&view=article&id=5393:smurfit-stone-closure-will-have-lasting-impacts-on-local-economy&catid=20:um-news

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