Wausau Paper Announces Closing of Specialty Paper Business Sale: Wausau Paper (NYSE:WPP) (“Wausau”) yesterday confirmed the closing of its previously announced definitive agreement entered into on May 18 to sell its specialty paper business to Expera Specialty Solutions, LLC, a newly formed company sponsored by KPS Capital Partners L.P., a New York-based private equity firm.
The transaction includes Wausau Paper’s manufacturing facilities in Mosinee and Rhinelander, Wisconsin, and resulted in net cash proceeds to Wausau, subject to certain post-closing adjustments, of approximately $105 million after settlement of transaction-related liabilities, transaction costs and taxes.
Thursday, June 27, 2013
Catalyst Names Interim CEO
Catalyst
Paper (TSX:CTL) today announced the appointment of Denis Jean, a current
director of the Board as the company’s interim president and chief executive
officer, effective immediately.
A
veteran of the industry, Mr. Jean was president and chief executive officer of
Cascades Fine Papers Group Inc. from 2002 to 2005. Prior to that, he held
executive roles with Abitibi Consolidated Inc. and Donohue Inc. Mr. Jean holds
a BSc.A (electrical engineering) from Universite de Montreal.
Canadian Pakaging Mills Reach 76.4% Recycled
The
average recycled content of paper packaging produced by Canadian mills for use
in Canada is close to 80%, according to the industry's environmental council,
PPEC. The council surveys the industry every two years and has been tracking
recycled content since 1990. For 2012, the average was 76.4%, basically the
same as in 2010.
Blue Heron Site Bought by Developer
A
California development company has signed a purchase agreement for the historic
Blue Heron mill site at the base of Willamette Falls, an industrial property
deeply rooted in Oregon history. Eclipse Development Group of Irvine, Calif.,
known for mid-level retail projects, is the first buyer to make an offer since
the bankrupt paper mill closed for good in early 2011, putting 175 employees
out of work.
Terms
of the deal were not disclosed, but details will be outlined in paperwork filed
today with the U.S. Bankruptcy Court in Portland, said bankruptcy trustee Peter
McKittrick.
How Forbes Magazine Stays Ahead of the Curve
Innovation is taking over the publishing industry, and big names such as Forbes are at the helm of the
change. Over at BtoB Media Business, President and CEO Mike Perlis
discusses how Forbes has stayed current in the publishing world for nearly 100
years. By approaching each day as a “startup” company, the leading
authority in business media is able to apply innovation to everyday
publishing. The symbiotic relationship that exists between print and
digital publishing can make or break a publication – and Forbes thrives on that synergy.
Listen
to Perlis discuss his strategy.
Great American Media Buys B-to-B Sports Mags
Great American Media Services Buys Two B-to-B Sports Mags: Sparta, Michigan-based Great American Media Services has purchased two b-to-b media brands from Lessiter Publications, based in Brookfield, Wisconsin. The deal includes the magazines Coach and Athletic Director and Winning Hoops, as well as associated websites and newsletters.
The Catch-22 of Magazines and Mobile
The Catch-22 of Magazines and Mobile: Q&A with Rachel Pasqua: ...But what does Google's market dominance by a single player mean to the rest of the publishing market? min asked Rachel Pasqua, former mobile lead at iCrossing and co-author (with eMarketer's own principal analyst Noah Elkin) of Mobile Marketing: An Hour a Day, whether Google’s gobbling of the market is good or bad news for magazine publishers.
Hyatt Guests Can Print Their Own Postcards
Through
Aug. 15, the hotelier is encouraging guests to personalize up to two
complimentary postcards via a Facebook app that's available on Postagram and Hyatt's pages on the social site.
In five steps, Hyatt lodgers can add a photo and a 180-character message to the postcard before entering the name and address of a friend, putting USPS delivery into motion. It's an unusual blend of digital and old school direct marketing, ultimately serving as a branding vehicle when seen by the snail-mail recipient. Hyatt is promoting the test via social media channels and printed materials in the rooms of the Chicago-based chain.
In five steps, Hyatt lodgers can add a photo and a 180-character message to the postcard before entering the name and address of a friend, putting USPS delivery into motion. It's an unusual blend of digital and old school direct marketing, ultimately serving as a branding vehicle when seen by the snail-mail recipient. Hyatt is promoting the test via social media channels and printed materials in the rooms of the Chicago-based chain.
F+W Media Introduces CraftDaily.com
Interweave, an imprint of F+W Media, Inc., the nation’s number
one craft media company, enriches crafters worldwide with the launch of a new
website, CraftDaily.com.
Full-monthly access to CraftDaily.com
is less than the cost of a single course elsewhere. Access to the site is
available through a tiered-subscription program, starting as low as $11.99 a
month. The only requirement to membership is an Internet connection.
Subscription options range from full site access to more specialized access to
specific content.
Nonprofit Journalism Role in Publishing
Nonprofit journalism is now central to the American national news ecosystem;
ProPublica, the Center for Investigative Reporting, and the Center For Public Integrity, among
others, regularly make distribution agreements with major media organizations
that give them enormous reach.
Newsroom Employment Continues Slide
Total newsroom employment declined by 6.4 percent in 2012 while the
proportion of minorities in newsrooms remained about even, according to the
annual census released today by the American Society of News Editors and the
Center for Advanced Social Research.
There are about 38,000 full-time daily newspaper journalists at nearly 1,400 newspapers in the United States. That's a 2,600-person decrease from last year's 40,600. Of the 38,000 employees, about 4,700 or 12.37 percent are racial minorities; the percentage of minority employees has consistently hovered between 12 and 13 percent for more than a decade.
There are about 38,000 full-time daily newspaper journalists at nearly 1,400 newspapers in the United States. That's a 2,600-person decrease from last year's 40,600. Of the 38,000 employees, about 4,700 or 12.37 percent are racial minorities; the percentage of minority employees has consistently hovered between 12 and 13 percent for more than a decade.
Renewables Will Be Second-Largest Power Source
Renewable
energy is set to surpass natural gas to become the world's second-largest power
source by 2016, making it a small bright spot in the otherwise bleak outlook
for mitigating climate change, the International Energy Agency said Wednesday.
The
IEA, which advises rich industrialized countries on energy policy, has warned
repeatedly that the world is on an unsustainable energy path and earlier this
month said the climate deal that international governments are targeting by
2020 could come too late to avert a global temperature increase of more than 2
degrees Celsius.
Consolidated Graphics Awarded Patent
Consolidated Graphics, Inc. Awarded Patent for Three-Dimensional Automated Flat Mailer: The CGX Flex Mailer® Saves Customers Millions of Dollars in Postage Expense
HOUSTON - Consolidated Graphics, Inc., one of North America's leading commercial printing companies and the world's largest digital printer, was recently awarded a patent for the company's CGX Flex Mailer, a unique, eco-friendly mailing solution that generates significant postage savings by enabling non-machinable items to be mailed as automated flats through the U.S. Postal Service.
HOUSTON - Consolidated Graphics, Inc., one of North America's leading commercial printing companies and the world's largest digital printer, was recently awarded a patent for the company's CGX Flex Mailer, a unique, eco-friendly mailing solution that generates significant postage savings by enabling non-machinable items to be mailed as automated flats through the U.S. Postal Service.
AMSP, NAPL Boards Take Next Step
AMSP, NAPL Boards Move Toward Consolidation: Directors Pass Resolution Directing Due Diligence Leading to Recommendation for Consolidation to Members
The Boards of Directors of the Association of Marketing Service Providers (AMSP) and the National Association for Printing Leadership (NAPL) have unanimously passed a resolution to facilitate their consolidation.
The Boards of Directors of the Association of Marketing Service Providers (AMSP) and the National Association for Printing Leadership (NAPL) have unanimously passed a resolution to facilitate their consolidation.
USPS Scraps Plan for Bulk Mailers
USPS scraps 'track and trace' mail promotion:
However, because its recent requests for rate hikes were denied by the Postal Regulatory Commission, the Postal Service believed the promotion would lose money and scrapped it, according to a report from Post & Parcel.
The U.S. Postal Service has abandoned plans to offer a financial incentive to bulk mailers that adopt its Full Service Intelligent Barcode program.
In April the Postal Service proposed its Technology Credit Promotion, to run from this month through May 2014, which would offer a credit of up to $5,000 to mass-mailing companies provided they put the money toward adopting the Postal Service's barcode technology that features automation pricing, tracking and address correction. However, because its recent requests for rate hikes were denied by the Postal Regulatory Commission, the Postal Service believed the promotion would lose money and scrapped it, according to a report from Post & Parcel.
The U.S. Postal Service has abandoned plans to offer a financial incentive to bulk mailers that adopt its Full Service Intelligent Barcode program.
In April the Postal Service proposed its Technology Credit Promotion, to run from this month through May 2014, which would offer a credit of up to $5,000 to mass-mailing companies provided they put the money toward adopting the Postal Service's barcode technology that features automation pricing, tracking and address correction.
However, because its recent requests for rate hikes were denied by the Postal Regulatory Commission, the Postal Service believed the promotion would lose money and scrapped it, according to a report from Post & Parcel.
- See more at: http://www.btobonline.com/apps/pbcs.dll/article?AID=/20130627/DIRECT0202/306279995/1581/rss01&rssfeed=rss01#sthash.j2h3FUok.dpuf
In April the Postal Service proposed its Technology Credit Promotion, to run from this month through May 2014, which would offer a credit of up to $5,000 to mass-mailing companies provided they put the money toward adopting the Postal Service's barcode technology that features automation pricing, tracking and address correction.
However, because its recent requests for rate hikes were denied by the Postal Regulatory Commission, the Postal Service believed the promotion would lose money and scrapped it, according to a report from Post & Parcel.
- See more at: http://www.btobonline.com/apps/pbcs.dll/article?AID=/20130627/DIRECT0202/306279995/1581/rss01&rssfeed=rss01#sthash.j2h3FUok.dpuf
The U.S. Postal Service has abandoned plans to offer a financial incentive to bulk mailers that adopt its Full Service Intelligent Barcode program.
In April the Postal Service proposed its Technology Credit Promotion, to run from this month through May 2014, which would offer a credit of up to $5,000 to mass-mailing companies provided they put the money toward adopting the Postal Service's barcode technology that features automation pricing, tracking and address correction.
However, because its recent requests for rate hikes were denied by the Postal Regulatory Commission, the Postal Service believed the promotion would lose money and scrapped it, according to a report from Post & Parcel.
- See more at: http://www.btobonline.com/apps/pbcs.dll/article?AID=/20130627/DIRECT0202/306279995/1581/rss01&rssfeed=rss01#sthash.j2h3FUok.dpuf
In April the Postal Service proposed its Technology Credit Promotion, to run from this month through May 2014, which would offer a credit of up to $5,000 to mass-mailing companies provided they put the money toward adopting the Postal Service's barcode technology that features automation pricing, tracking and address correction.
However, because its recent requests for rate hikes were denied by the Postal Regulatory Commission, the Postal Service believed the promotion would lose money and scrapped it, according to a report from Post & Parcel.
- See more at: http://www.btobonline.com/apps/pbcs.dll/article?AID=/20130627/DIRECT0202/306279995/1581/rss01&rssfeed=rss01#sthash.j2h3FUok.dpuf
The U.S. Postal Service has abandoned plans to offer a financial incentive to bulk mailers that adopt its Full Service Intelligent Barcode program.
In April the Postal Service proposed its Technology Credit Promotion, to run from this month through May 2014, which would offer a credit of up to $5,000 to mass-mailing companies provided they put the money toward adopting the Postal Service's barcode technology that features automation pricing, tracking and address correction.
However, because its recent requests for rate hikes were denied by the Postal Regulatory Commission, the Postal Service believed the promotion would lose money and scrapped it, according to a report from Post & Parcel.
- See more at: http://www.btobonline.com/apps/pbcs.dll/article?AID=/20130627/DIRECT0202/306279995/1581/rss01&rssfeed=rss01#sthash.j2h3FUok.dpuf
In April the Postal Service proposed its Technology Credit Promotion, to run from this month through May 2014, which would offer a credit of up to $5,000 to mass-mailing companies provided they put the money toward adopting the Postal Service's barcode technology that features automation pricing, tracking and address correction.
However, because its recent requests for rate hikes were denied by the Postal Regulatory Commission, the Postal Service believed the promotion would lose money and scrapped it, according to a report from Post & Parcel.
- See more at: http://www.btobonline.com/apps/pbcs.dll/article?AID=/20130627/DIRECT0202/306279995/1581/rss01&rssfeed=rss01#sthash.j2h3FUok.dpuf
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