In 1900, the Great Northern Paper Company [GNP] was founded in Millinocket, Maine. The paper mill started off strong, producing up to 240 tons of newsprint on a daily basis! As the century went on, business was only getting better in better until the end of the century approached.
At the end of the 20th century, a lot of publishing companies were outsourcing to other countries around the world because they charged less than the GNP. As a result, GNP lost a lot of business and had to close many of their plants, and lay off hundreds of workers, including 400 workers in the small town of East Millinocket.
Things quickly turned around when Cate Street Capital bought the GNP plant in East Millinocket and quickly signed a deal to produce 3,000 tons of paper that were needed to print E.L. James’ novel: ‘Fifty Shades of Grey’. Business has never been better for GNP and they have even opened up their mills again! There you have it, erotica creates jobs.
For more on this story, see the source.