The end of profit sharing at Eastern, Brewer, ca. 1989-2004Item 75280 info
Maine Folklife Center, Univ. of Maine
In the 1970s, after the mill reopened, the company instituted a profit-sharing program to bring the union back in.
This program allowed workers to feel like they had a bigger stake in the success of the mill. Unfortunately for later employees, the profit-sharing program was canceled soon after Joe Torras purchased the mill.
This change greatly upset the employees. Mike Woodbury describes his disappointment with this policy.