The mills churning out mostly writing paper, newsprint and printing paper meant economic security.

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The pair go back to 1977, when Singleton ran a New Jersey paper for Joe Allbritton and was struggling to pay for newsprint from an operation chaired by Scudder.

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However, this paper and a few others are still so rash as to commit words to newsprint.

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As Europe's largest paper, packaging and forest products company it is sensitive to the declines in home construction and newsprint volume and to general European fears.

FORBES: Magazine Article

But between 2001 and 2011, U.S. annual consumption of daily-newspaper newsprint plunged an estimated 61% to 3.6 million tons and annual consumption of paper used for printing, note pads and more fell roughly 38%, according to Vertical Research Partners, which tracks the paper industry.

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Aylesford Newsprint takes in 500, 000 tons of newspapers and magazines a year and turns them back into paper.

BBC