What happens when the those with the most chips in the game only have a partial stake in it?

In other words, what does a community lose when most of the very large businesses are owned by absentee or corporate entities whose main goal is make money but have little interest in making that place a better place to live?

Pactiv Evergreen, owner of the shuttered papermill in Canton, has been working to clean up two separate seeps leaking toxic substances into the Pigeon River under an administrative order of consent (AOC) with the Environmental Protection Agency. 

Amid ongoing restructuring, Pactiv Evergreen presented its first quarter earnings report on May 2, missing earnings targets and revealing flagging revenue at least partially attributable to the closing of its Canton paper mill last year. 

With jail expansion debt payments coming on the books and lingering questions about one of the county’s biggest taxpayers, Haywood County Manager Bryant Morehead presented commissioners with a conservative budget that funds some critical needs, but not much else. 

The Town of Canton’s governing board will soon consider approval of a substantial residential project after the town’s planning board unanimously voted to accept staff recommendations in favor of the proposal on April 10.

Ever since Pactiv Evergreen announced back on March 6, 2023, that it would shutter its paper mill in Canton, town officials have been bracing for the budgetary impact that the closure would cause.

The Town of Canton, still beset with myriad issues related to both natural and human-caused disasters, took an unprecedented step by shuffling one administrator into a newly created position and promoting another — saving taxpayer money and making history at the same time.

Pactiv Evergreen’s paper mill in Canton has been hit with its fifth-straight notice of an environmental violation following the failure of a quarterly discharge toxicity test. 

Once Pactiv Evergreen’s Canton paper mill shut down for good, people wondered how the Pigeon River and the aquatic life it supports would change. 

Not a lot of people remember the date the whistle last blew or the date the last workers put their well-worn tools down and took their shiny plastic helmets off for the final time, but everyone seems to remember the date of Pactiv Evergreen’s shocking announcement — the date that marked the end of one era, and the beginning of another.