Paper, Printing and Packaging News
Graphic Communications is in the know when it comes to the latest industry news and events that may influence your paper, printing and packaging decisions. Here you’ll find important updates on topics of interest that will keep you in the loop, too. These stories change constantly, so make sure to stop back often for up-to-the-minute news. Better yet, sign-up for our e-alerts, and never miss a beat!
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Railroad worker killed by roll of newsprint that fell out of boxcar at Philadelphia newspaper printing plant [From the web]
PHILADELPHIA, May 18, 2012 (Local News) - A railroad worker was killed today when he was crushed by an 1,800-pound roll of newsprint at the Philadelphia Inquirer and Daily News Schuylkill Printing Plant in Upper Merion.
USPS moves ahead with 9-month implementation plan to consolidate 461 mail processing locations, hopes for $1.2B in cost reductions
WASHINGTON DC, May 18, 2012 (Press Release) - The U.S. Postal Service today announced plans to move ahead with a modified plan to consolidate its network of 461 mail processing locations in phases. The first phase of activities will result in up to 140 consolidations through February of 2013. Unless the circumstances of the Postal Service change in the interim, a second and final phase of 89 consolidations is currently scheduled to begin in February of 2014.
NewPage sets July 1 $40-60/ton coated sheets hike for USA and Canada
SAN FRANCISCO, May 18, 2012 (RISI) - NewPage informed North American customers that it will increase the price of all coated sheet and sheeter roll products effective with July 1 deliveries.
Kruger to reassess viability of its Corner Brook, NF operation after proposal to apply funding relief to pension deficits rejected by pension members
CORNER BROOK, NF, May 18, 2012 (CNW) - Kruger Inc. today announced that it will reassess the viability of Corner Brook Pulp and Paper's operations after one of four groups of pension plan members rejected the proposal to apply funding relief measures to its pension plan deficits.
FPAC unveils Vision 2020: Canadian forest products industry to power Canada's new economy by being green and innovative
OTTAWA, May 17, 2012 (CNW) - The Forest Products Association of Canada (FPAC) is today unveiling a new industry-led vision that outlines where the forest industry sees itself by the year 2020. Through its accompanying goals, the vision will challenge companies, governments and other partners to find innovative ways to further transform the sector to reach its potential.
Ron Stern discusses bid to reopen NewPage mill at local Nova Scotia chamber of commerce meeting [From the web]
PORT HAWKESBURY, NS, May 17, 2012 (Local News) - Business leaders from across the Strait area heard from one of the most important players in the sale of the NewPage pulp and paper mill.
Mohawk creates new product selector, to reduce premium paper lines from 22 to 6
COHOES, NY, May 17, 2012 (Press Release) - Mohawk has taken a bold step in the paper world by simplifying its portfolio of premium paper lines from 22 to six, reducing the number of SKUs in half and introducing the new line with a simple chip chart overview. The New Mohawk Product Selector presents all Mohawk papers in one place and is the first in a wave of tools that Mohawk will be releasing over the coming year.
Appleton to go public through $675M business combination with Hicks Acquisition Company II; Appleton will change name to Appvion
APPLETON, WI and DALLAS, TX, May 16, 2012 (PRNewswire) - Appleton Papers Inc. ("Appleton") and Hicks Acquisition Company II, Inc. (HKAC) today announced a definitive agreement under which Appleton will engage in a business combination with Hicks Acquisition Company II valued at $675 million. The combined company will be listed on the Nasdaq exchange, positioning Appleton for long-term growth and profitability with an improved balance sheet and greater access to capital. Appleton is a leading manufacturer of specialty high value-added coated paper products and a provider of proprietary encapsulation applications. Hicks Acquisition Company II is a special purpose acquisition company founded and headed by Thomas O. Hicks with approximately $149.3 million of cash in trust.
International Paper showcases new suite of 12 voluntary sustainability goals in its 2011 sustainability report
MEMPHIS, TN, May 16, 2012 (PRNewswire) - International Paper released its 2011 Sustainability Report that showcases the company's new suite of 12 voluntary sustainability goals. The company expects to reach a number of goals by 2020, which include:
FINANCIAL ANALYSTS: What we learned last week in Vancouver
excerpt from RBC Dominion Securities
Paper News
Boise Inc. to Present at Goldman Sachs Basic Materials Conference
Fri, 18 May 2012 22:36:02 GMT
[Thomson Reuters ONE] - 9:10 a.m. ET, Thursday, May 24, 2012 BOISE, Idaho - Boise Inc. (NYSE: BZ) announced today that Sam Cotterell, chief financial officer, is scheduled to present a company overview at the Goldman Sachs Basic ...
Buckeye Earns Forestry Certifications
Fri, 18 May 2012 21:04:00 GMT
[Business Wire] - Buckeye Technologies Inc. announced today that Buckeye Florida has achieved forestry certifications from three internationally recognized organizations that promote res
Ex-Div Reminder for International Paper
Fri, 18 May 2012 14:19:43 GMT
Resolute Increases Ownership of Fibrek to 74.56% and Closes Offer
Thu, 17 May 2012 23:36:00 GMT
[PR Newswire] - MONTREAL, May 17, 2012 /PRNewswire/ - AbitibiBowater Inc., doing business as Resolute Forest Products (NYSE: ABH) (TSX: ABH), today announced that it has taken up and accepted for payment 4,762,192 additional ...
Resolute Increases Ownership of Fibrek to 74.56% and Closes Offer
Thu, 17 May 2012 23:36:00 GMT
Printing News
Quebecor Media Strikes New ebook Partnership
Fri, 18 May 2012 17:52:28 GMT
Quebecor Media Inc. is happy to announce a new partnership with ReadBooks SAS, a France and Quebec-based company specializing in multi-language ebook libraries, software and consulting services.
Research and Markets Adds Report: The Global Commercial Print Market...
Thu, 17 May 2012 08:35:17 GMT
Research and Markets Adds Report: The Global Commercial Print Market to Grow At A CAGR Of 1.85 Percent over the Period 2011-2015 May 16, 2012 -- Research and Markets has announced the addition of the "Global Commercial Print Market 2011-2015" report to its offerings.
Growth Capital, Exit Alternatives Among Top Concerns at M&A Insight 2012
Thu, 17 May 2012 00:21:05 GMT
With nearly 100 business owners and key Houston mergers and acquisitions players in attendance, greatest concerns included: 1.Growth Capital 2.Exit Alternatives 3.Negotiations 4.Market Valuation 5.Trading Multiples Panelist Tim Moore, managing partner and leader of the Houston investment banking arm of Doeren Mayhew firm TR Moore & Company, noted ... (more)
Barron's 500 Low P/E Dividend Dogs Show Potential In May
Wed, 16 May 2012 20:11:31 GMT
Barron's , "The Dow Jones Business and Financial Weekly," published its annual list of America's 500 top companies by sales May 7. Barron's survey was prepared by HOLT, a segment of Credit Suisse which measured, graded, then ranked companies based on three measures collected from reports from the companies' latest reported fiscal year : "Sales ... (more)
The "Moneyball" Connection
Wed, 16 May 2012 17:01:52 GMT
It took about an hour, but we finally got our first "Moneyball" reference at OMMA RTB.
Packaging News
Corn-based meat trays
Fri, 18 May 2012 19:01:35 +0000
One of the leading supermarket chains in Australia will use some 95 million trays eco Plastic trays in calendar year 2012.
X-ray contaminant detector
Fri, 18 May 2012 15:02:47 +0000
Designed to target lightweight and open-container food product contaminant detection, the Thermo Scientific EZx 465 Touchless X-ray system from Thermo Fisher Scientific Inc. is an entry-level food safety x-ray system that eliminates the shielding curtains typically used to block radiation, while still complying with all global safety standards.
Stepper motors with magnetic encoder
Fri, 18 May 2012 13:37:05 +0000
Designed for precise positioning via an external control system, even in dirty, dusty, or wet conditions, Nanotec’s AS5918-EMN24 and AS5918-EMN24B IP-rated stepper motors come with an integrated, magnetic 24V encoder and, on the EMN24B model, an integrated brake.
Frito-Lay announces initiative to validate and label products as gluten-free
Fri, 18 May 2012 13:32:00 +0000
Company partners with the Celiac Disease Foundation and National Foundation of Celiac Awareness to educate consumers about celiac disease.
Linear position transducers
Fri, 18 May 2012 13:22:31 +0000
Providing highly-accurate and reliable position control signals, Balluff’s Micropulse Generation 7 linear position transducers are now available with a Rapid Replacement Module (RRM) option that allows quick field replacement without removing the pressure tube from the hydraulic cylinder, making field-level maintenance fast and easy.
