Wednesday, February 1, 2023

Billerud Bullish in Escanaba as Governor Whitmer Passes Development Funding

William Holbrook Beard (1824 - 1900)
In relation to "The Hunt"

Billerud AD and the City of Escanaba and surrounding areas should be happy with the state growing economic affairs. New money is coming into town and if that momentum is used well with strong decisions it can be a spark to something much more important and greater. Any opportunity to see the underdog shake its fist at the global economy and master that challenge is a site to be seen. The global market will not leave us behind! No! We shall mount and ride those spiritus animalis with a "the breath that awakens the human mind"

(I mean its a sight to see if you like economics. There are different types of people in the world. Some couldn't care less even if they live off of those jobs and others take a keen interest in such topics. This is precisely why cognitive and other diversities are important. We don't want conformity when it comes to brain storming. Sorry off topic...its related to another woven theme. )

Quentin L. Messer, Jr., CEO of the MEDC and President and Chair of the MSF Board states,"Billerud's transformational investment in their Escanaba Mill underscores the strength of our advanced manufacturing workforce and secures a critical win as we continue working to promote long-term, sustainable investments across the state."  (MEDC stands for Michigan Economic Development Corporation which seeks to foster broader state economic growth. Find more about that HERE.) You can read the Bill 0007 MI

I was looking around at a sharable chart and this is as closest as I found. This one is from Market Screener. Very nice site. I get increasingly into understand the deeper mechanics of active investing with a slight socially responsible bent focused on national development through resource, infrastructure, R&D, and advanced technology. You can read more about the spending bill Governor Whitmer signed in another beloved local paper, but not quite as nice as the Daily Press, one of the runner up publications Iron Mountain Daily article Whitmer "👌" Billerud!☝ 

(Ok it sounds good in speculation but I will leave that to the billionaires. I'm just trying to pay for gas and groceries. ...and utilities! This inflation rate is terrible! 🙊 If there is a few pennies left over, maybe a whole dollar, I will actively invest even that amount into the market. Wealth is through finding a consistent winner strategy that can be applied over time. A scalable strategy. Investing in trends and places like Escanaba where there is an upswing is likely to have a positive influence in portfolio outcome. Disclaimer, go talk to your investment broker as I'm just sort of talking for my own understanding. I'm just saying that one could almost build an economy here. A pro business town responsive to the needs of residents and investors/businesses. You have to watch some of the city hall meetings to see that. Its just my opinion. ðŸ˜€)

I sort of looked through Billerud's stock information and history. It looks like they are conservative investors meaning that they don't jump in or out lightly. I didn't actually look to see if it is a relatively closely held stock or a wider dispersed stock. Based on its size and likely historical roots I'm going to say closely held. That is just a guess. I could be wrong. 🤷 When I have some time I will look. Either way, they and the State of MI, may have just created a wider regional development spark. (Under the right circumstances and in a situation where a few market trends are crisscrossing in the same place. Possible....but nothing is for sure. Time will answer that question.)

Market Screener


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