To secure supplies of steel, Johannpeter in 1948 bought the majority stake in a local steel mill.
We have friends whose families had worked at the local steel mill for generations, had plenty of disposable income and were able to provide their children with nearly everything.
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When the supplies run out, it is easy to see how the owner of the local cider mill might be encouraged to try the nearest larger market, and if there are multiple vendors there, he might decide to go back the following week.
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By the late 1960s, the steel mill had saturated local demand.
After the town's paper mill failed in the 1960s, a group of local investors led by Sherman Adams, one-time aide to President Eisenhower, developed a ski resort on Loon Mountain and turned Lincoln into a year-round recreation center.
The local authority said, if the plans went ahead, the revamped mill could open to the public in 2016.
The federal government owns 70% of the land (which cannot be taxed by local governments) in the mostly forested county, where the last mill recently closed.
The electricity generated will be used by the mill's owner and the surplus fed into the local grid, which has been upgraded to cope with the extra power.
First run in 1897, when about 15 local runners drew a line in the dirt at Metcalf's Mill out in Ashland, it is the longest-running annual race at the distance and, most agree, the world's most prestigious.
On a sunny day, the best table on the island is next to the little babbling waterfall on the patio at Le Moulin de St-Laurent, a 300-year-old flour mill with a menu that changes weekly depending on what local produce is available.
He visited Long Bow often, admiring the new cement mill and the coking plant and ploughing his own savings into local projects.
Baosteel was the first steel producer to announce the closure of a mill while others have kept mills operating at low capacity, buoyed by loans and subsidies from local governments that want to avoid losing jobs.
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