Residents react to DowDuPont merger - WNEM TV 5

Residents react to DowDuPont merger

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MIDLAND, MI (WNEM) -

Mike Paquette is a Dow retiree. He's like a lot of people who heard the news of the merger between his former employer and DuPont.

"All I can say is you know until we know more it's hard to conclude anything," Paquette said.

The new company will be called DowDuPont. Paquette is hoping that marriage will be good for the Midland area.

"Typically the result of mergers is job cuts and companies move out of communities. And so people in Midland and all the other Dow locations and for that matter the DuPont locations have that to worry about," Paquette said. "And will either of those companies be good corporate citizens? We'll find out soon enough."

Ultimately Dow/DuPont will become three separate companies.

How that effects people like Paquette remains to be seen. For now, he is holding on to cautious optimism that his retirement will remain intact.

"I have a pension from Dow. We'll see if that continues I hope it does," Paquette said.

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