Relief, hope and anger follow news that Appleton Coated mill to get 45-day extension
Questions remain on exact details of Appleton Coated's sale to Industrial Assets Corp. after a marathon six-hours-plus hearing Monday in Outagamie County court.
Questions also remain on exactly what its 600-plus employees can expect – or hope for – in the long run.
It appears the mill has dodged the bullet of an immediate shutdown and liquidation, but might only operate in a limited capacity for 45 days with a staff of 195, about a third of its workers.
Still, that's a victory some are celebrating.
“We get a second chance,” said Tom Nelson, Outagamie County executive.
Nelson had initially objected to the mill's sale to the liquidator and petitioned for more time for a different buyer to come forward in a joint statement with Combined Locks village president John Neumeier. Click Read More below for more of the story.