UPFRONT

Manistique Papers Files

MANISTIQUE, MI—Having reached a financial impasse with its lender, Manistique Papers (MPI) has ceased production and is filing for bankruptcy as it seeks a buyer. The 90-year-old firm cited declining demand and increasing material costs as among the factors for its struggles, the Daily Press reported. The company employed 150 and produced 100 percent recycled fiber content specialty offset papers for the printing and converting industries.