Pope & Talbot begins slide into receivership
One of the West Coast's most historic lumber companies, Pope & Talbot, began a slow slide into receivership yesterday, setting off a financial crisis for workers and suppliers as it shut down its pulp mills at Harmac and Mackenzie.
Talbot was placed on the 15-day disabled list Wednesday with a lower back strain by the second-place Indians, who weren't going to let his pitching problems go on for much longer before they made a move.