Those poor people in Marion, Indiana who worked for SCM
SCM Corp was a 1960s style conglomerate built on the merger of the decayed Smith Corona typewriter manufacture and the Marchant mechanical calculator company. They never made the jump to electric typewriters and electronic calculators, much less to PCs.
They acquired a number of other companies, such as Glidden Paints, Durkee Foods, and Allied Paper Corporation of Kalamazoo. Allied had acquired the Marion plant in 1965 but its not clear who owned it previously.
A Brief History of Allied Paper http://www.winkworth.us/alliedpaper/history.htm
Hanson Plc bought SCM, including Allied Paper in 1985 and subsequently sold off the various bits.
While things might have seemed to be going well in Marion, this was just a tiny part of a much larger, ongoing, economic disaster.
Part of the disaster was the use of recycled paper by Allied at their Kalamazoo paper plant. Unfortunately, some of the recycled paper was the carbonless copy paper which contained PCBs. Allied had major liabilities for the Kalamazoo superfund cleanup site and it was never viable from that point on.