Wednesday, November 30, 2011
NewPage Port Hawkesbury and Bowater Mersey Paper Get Break in Electric Rates
UPM Will Close Albbruck Mill in January
USPS begins new year with $139 million loss
Digitas CEO Laura Lang Tapped as Time Inc. CEO
S&P Revises R.R. Donnelley Outlook to Negative from Stable
Advertising on USPS vehicles “could raise $360m a year”
Tuesday, November 29, 2011
With print advertising on the run, digital continues to rise.
This morning the Nova Scotia Supreme Court has approved an extension to NewPage Port Hawkesbury‘s creditor protection period.
The train service that moves 268,000 Calgarians daily served up little but chaos during both commuter rushes Monday, as the weekend windstorm's aftermath triggered one of the worst LRT shutdowns in recent... Alberta's Progressive Conservative government is in danger of forgetting an important, costly lesson from provincial history and the PC ... (more)
It was on Twitter where talk first emerged that the Montreal-based multimedia giant would be cutting at Sun Media, which has dozens of papers, free commuter publications and numerous weeklies in Ontario, Quebec and other provinces.
Overnight, Fibrek Inc. put out a press release acknowledging Resolute Forest Product‘s (formerly known as AbitibiBowater) unsolicited offer to acquire Fibrek.
It isn’t the 5 year power rate break they had requested, but Bowater Mersey and NewPage Port Hawkesbury in Nova Scotia will be receiving a 3 year break on their power bills.
Monday, November 28, 2011
NewPage Corporation may be under bankruptcy protection, but that hasn’t stopped the company from filing a motion with the U.S. Bankruptcy Court asking for approval for $3 million in a short-term incentive program to be split among 15 of its executives.
Resolute Forest Products, previously known as AbitibiBowater, is curtailing its Fort Frances, Ontario paper machines for the rest of the year. The downtime will start next week.
100 employees will be affected.
Poor market conditions are cited for the downtime.
Kraft mill operations are not affected.
NewPage Port Hawkesbury filed a motion with the Nova Scotia Supreme Court yesterday asking the court to extend its period of creditor protection.
The motion will be heard on Tuesday.
NewPage Port Hawkesbury seeks extension to creditor protection period is a post from: ForestTalk.com
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Tuesday, November 22, 2011
R. R. Donnelley & Sons Company today announced that it has acquired West Chester, OH based StratusGroup, Inc., a full service manufacturer of custom pressure sensitive label and paperboard packaging products for health and beauty, food, beverage and other segments.
Monday, November 21, 2011
More exports mean more jobs as the region struggles to emerge from the economic downturn, and no business knows that better than Appleton Papers Inc.
I recently aggregated all of the QR code demographic and usage data I could find (and am adding to it all the time), and one of the trends that surprised me is while much of the data is highly consistent — such as age demographics and usage patterns — gender is not one of them.
Forest group UPM-Kymmene said it is preparing temporary lay-offs in several Finnish paper mills due to weak demand.
The Region of Queens Municipality in Nova Scotia has voted today to give the Bowater Mersey mill a moderate tax break of 15%, or approximately $135,000/yr over 10 years.