Wednesday, June 19, 2013

AF&PA: Why Paper Makes Life Better

The American Forest & Paper Association (AF&PA) today released its newest web video titled “Paper: Making Life Better,” which calls attention to the educational, functional, and memorable benefits that paper brings to the everyday lives of people across the country and around the world. 
AF&PA President and CEO Donna Harman remarked on how federal policies affect Americans’ ability to effectively use this important commodity in the following statement: "Paper products are used to inform and educate people on the events of the day, to document and transmit necessary information, and to capture the memories throughout our lives like no other medium.  Our ‘Paper: Making Life Better’ video highlights the many ways that paper plays an important role in our lives and for our livelihood.

Minnesota Grant to Train NewPage Workers

Thanks to a major state grant, more than 100 workers at the NewPage paper mill in Duluth will get specialized training to help fill the shoes of highly skilled retiring workers.
The customized training - spanning two years and running the gamut from safety practices to new technologies - is being paid for with the $91,768 Minnesota Job Skills Partnership grant awarded to the paper mill and Lake Superior College.

New Owners Take Over Twin Rivers

New owners take over Twin Rivers
The Canadian specialty paper company Twin Rivers Paper has new owners. Blue Wolf Capital and Atlas Holdings, LLC, recently completed the acquisition of the company, which has facilities in Madawaska, Maine, and Edmundston and Plaster Rock, New Brunswick.
The new owners will form of a new board of directors and leadership team who are turning their attention to building a growing, profitable business and creating long-term value.

Poll: Americans Oppose Gov. Eliminating Paper

Consumers for Paper Options, a coalition advocating for equal access to government services and information, today announced the results of a national poll which demonstrates that an overwhelming majority of Americans oppose federal efforts to eliminate paper-based information and services.
Recent federal decisions to eradicate paper-based options for key services - such as Social Security checks, savings bonds and income tax forms - have rendered these services difficult or even impossible for millions of Americans to access while exposing them to rising fraud. In fact, the Senate Special Committee on Aging will hold a hearing today at 2 p.m. to examine fraud as a result of the Social Security electronic payments mandate.

Study: Multiple Forest Cetfication Systems Preferable

While some activist environmental groups push for a monopoly, a new study released today found that a Forest Stewardship Council (FSC) monopoly on forest certification in the U.S. could destroy tens of thousands of American jobs and hurt forest economies in the South and the Pacific Northwest.
The study also found that a FSC monopoly would significantly reduce wood flows in the U.S., resulting in substantial economic losses for landowners and job loss for direct employees such as foresters, loggers, and millworkers. The new research represents the most comprehensive economic analysis done on forest certification standards, and was prepared for EconoSTATS at George Mason University by Brooks Mendell, PhD, and Amanda Hamsley Lang at Forisk Consulting.

Artic Paper CEO Resigns

Michał Jarczyński, CEO of Arctic Paper S.A., has submitted his resignation, effective on 15th July 2013 of this year. Meanwhile, the Supervisory Board has entrusted the function of acting CEO of Arctic Paper to Mr Wolfgang Lubber the current Member of Management Board and Sales & Marketing Director. The Supervisory Board expressed its great gratitude to Michał Jarczyński for his 15 years of work on development of the group.

MPA Hires New Head of Research

MPA Hires New Head of Research:  
The Association of Magazine Media has hired a new market research head. Anthony Sarcone will be the association's senior vice president of marketing initiatives and insight, reporting directly to president and CEO Mary Berner.
Sarcone will be leading MPA's research initiatives as they relate to showing how magazine media can influence branding and culture.
Also under Sarcone's watch will be PIB, of which he'll be president.

John Wiley Reports Q4, FY 2013

Fiscal year adjusted revenue, which excludes the results of the divested consumer publishing programs and the impact of foreign exchange, grew 1%. Revenue growth on a U.S. GAAP basis was essentially flat excluding foreign exchange.
Adjusted free cash flow of $270 million, up from $260 million in FY12, including some timing benefits. Adjusted free cash flow excludes a $42 million disputed income tax deposit paid to the German tax authorities in fiscal year 2013. 
Fiscal Year 2014 outlook is for low single-digit revenue growth, excluding divested consumer .publishing programs, and adjusted EPS in a range of $2.85 to $2.95, which excludes all consumer programs, restructuring, impairment and other unusual items.

NAPL Survey: Industry Sales Slip

NAPL Survey Sees Industry Sales Slip, Unable to Sustain Earlier Gains: Industry sales declined 0.2% in the first quarter of 2013 as consistent growth remains elusive. Fewer than half the printers surveyed saw sales rise?the lowest reading since mid-2010.
East Rutherford, N.J. - Industry sales from all sources declined 0.2% in the first quarter of 2013, a disappointing drop following sales increases of 0.8%, 0.7%, and 0.6%, respectively, in the previous three quarters.

Consolidated Buys St. Louis Printing Co.

Consolidated Graphics agrees to buy St. Louis printing company:
Consolidated Graphics Inc. (NYSE: CGX) has agreed to buy St. Louis-based Universal Printing Co., the Houston commercial printing company said Wednesday.
Financial terms of the deal were not disclosed.