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Loving Your Facilities: A Key to Business Success

In his column from April 2025, Jim Thompson reflects on the

differences between privately held and publicly traded companies, particularly

within the pulp and paper industry. He posits that privately owned firms often

outperform publicly traded ones due to a stronger sense of ownership and

long-term investment in facilities. Thompson illustrates this with the example

of a successful multi-generational family farm that prioritizes reinvestment in

their operation over personal luxuries. He contrasts this with the pressures

faced by management in public companies to prioritize dividends and…

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