Thursday, June 13, 2024
Editorials

Abattoir looks promising

Whenever there is an announcement in the Pontiac about a new business that will bring with it much needed jobs, it often falls on deaf ears.
It’s no surprise given the amount of business prospects that have flamed out before they could get off the ground.
The Pontiac industrial park comes to mind.
The site of the former Smurfit Stone paper mill in Litchfield, which was purchased in 2010 by Green Investment Group Inc. (GIGI), was set to host several businesses that were going to provide much needed employment to the Pontiac.
However, in short order, the Trebio Pellet mill closed, GIGI defaulted on municipal taxes as well as several loans and took millions of dollars of scrap metal from the facility.
A quick Google search lists the Pontiac Industrial Park as one of the properties still owned by GIGI despite the fact that they sold the property in 2010.
Pontiac residents were told when GIGI took over the facility that this project would provide much-needed jobs.

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