Why don't the people of Mattoon and the JG-TC get behind a community effort to help the 750-plus employees of LSC acquire the Mattoon operation and have it be an employee-owned company or co-op?
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A window manufacturer in metro Chicago was in the same situation (closure by corporate owners), and they rallied together and tapped into government/foundation groups for co-op financing. Today it is thriving. More info here: chorusfoundation.org/a-new-era-for-workers-a-chicago-factory-goes-cooperative/
There are plenty of other success stories of companies converting to this employee ownership model. Here are the Top 100 in the US: www.nceo.org/articles/employee-ownership-100
Gary Voudrie, Mattoon