This is how it works. Another business killed by an underfunded union pension fund.... The Racine Journal-Times reports:
RACINE — Brannum Lumber almost made it to its 100th anniversary — but instead will close next month after 99-plus years.
Company officials said the long-time Racine construction supply company at 1720 Taylor Ave. will close Dec. 20, just five months short of its century mark in business.
A funding shortfall in a Teamsters national pension fund, affecting just two employees, was the tipping point, Brannum President and minority owner Dale Anderson said Monday....
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