Canadian Government Continues Support of Industry

http://www.paperage.com/2012news/03_30_2012fpac_government_support.html

The Forest Products Association of Canada said that it is pleased that the Government of Canada has decided to maintain spending on programs aimed at transforming the forest sector.

The "Jobs and Growth" budget from Minister of Finance, Jim Flaherty, includes $105 million over two years for forestry innovation and market development.

China Imposes Duties

China has ratified five-year antidumping duties on imports of photographic paper and board from the European Union, the US and Japan. The China's Ministry of Commerce made the final ruling last week, announcing that duties ranging from 16.2% to 28.8% are to be collected as of March 23.

UPM Re-elects Chairman

http://www.upm.com/en/Pages/default.aspx

At the organisation meeting of UPM-Kymmene Corporation's Board of Directors, Mr Björn Wahlroos was re-elected as Chairman, and Mr Berndt Brunow was re-elected as Deputy Chairman.

Quad/Graphics Buys Share of Manipal

Quad/Graphics Purchases Minority Interest in Manipal Technologies: Quad/Graphics Inc., a global provider of print and related multichannel solutions, has entered into a strategic partnership with Manipal Technologies, India’s largest print services and end-to-end business solutions provider.

RRD Closing IL Plant

R.R. Donnelley to Lay Off 207 Workers, Close Plant in Mendota, IL: MENDOTA, IL—March 29, 2012—According to a story in the Chicago Tribune and AP reports, R.R. Donnelley plans to close its printing plant in Mendota, IL, and lay off its 207 employees by the end of May.

PRC Approves USPS Discount

PRC Approves Sequel to USPS’s QR Code Promo: The Postal Regulatory Commission has approved the U.S. Postal Service’s request to offer a discount to merchants who use a QR code in their catalog mailings and other direct pieces this summer. The USPS will offer the 2-percent discount to mailers in July and August, and merchants who want to qualify for the discount can register beginning May 1.

Flint Raises Prices

Flint Raises Prices on Spot-Color Inks, Varnishes and Pressroom Chemistry: Flint Group North America has announced an 8-percent price increase on spot-color inks and overprint varnishes used in sheetfed and heatset applications. In addition, it is instituting price increases of $0.75 to $1.25 on press washes used in sheeted and offset web applications, effective April 1.

Possehl Purchases manroland UK

Possehl Purchases manroland Great Britain’s Web Business: On 8th March 2012, Possehl & Co. mbH, the owner of manroland web systems GmbH, purchased the business and assets of manroland Great Britain’s web division from MRGB Realisations Limited, formerly manroland Great Britain Limited.

Port Hawkesbury Mill Gets Extension

Port Hawkesbury mill gets 60 day extension to creditor protection period:
The NewPage Port Hawkesbury (Supercalendered paper) mill was granted another extension for its creditor protection period by the Nova Scotia Supreme Court today. This extension is for 60 days.

Resolute's Amos Union Votes No

Amos employees say ‘no’ to concessions, Resolute issues ultimatum:
The unionized employees at Resolute Forest Products‘ Amos Division in Quebec said ‘no’ to Resolute’s demand for concessions. The Amos division produces newsprint and employs about 160.

Verso Announces Exchange Offer

http://www.versopaper.com/newsarchive.aspx

Verso Paper Corp. announced today that two of its wholly owned subsidiaries, Verso Paper Holdings LLC and Verso Paper Inc. (collectively, the "Issuers"), have launched an offer to issue up to $180.2 million aggregate principal amount of a new series of 9.75% secured notes due 2019 (the "New Notes") in exchange for any and all of the Issuers' outstanding $180.2 million aggregate principal amount of senior secured floating-rate notes due 2014 (the "Old Notes").

M-real Changes Name

The Annual General Meeting of M-real Corporation held today 28 March 2012 decided to change the company's business name to Metsä Board Corporation, amended the field of business of the company to more accurately correspond to the current business operations.

Hearst Acquires 20% of Stylus

http://www.pubexec.com/Publishing Executive

Hearst Corporation today announced that it has acquired a 20 percent stake in Stylus Media Group, which provides business intelligence to consumer companies. The announcement was made jointly by Frank A. Bennack, Jr., CEO of Hearst Corporation, and Marc Worth, CEO and founder of Stylus. Financial terms were not disclosed.

 

Digital Circulation Grows

http://adage.com/article/mediaworks/magazines-digital-circulation-doubles/233771/

Digital circulation soared to an estimated 3.29 million in the second half of 2012 from 1.46 million in the year-earlier period, a 125% increase, according to publishers' reports with the Audit Bureau.

Despite all that growth, however, digital remains about 1% of magazines' total paid and verified circulation.

Sears Selling Cataloguer?

http://www.nypost.com/p/news/business/lands_end_game_5p3ePLWUD0sqSpTPERJGeM?utm_medium=rss&utm_content=Business

As reported by The New York Post, Eddie Lampert, chairman of Sears Holdings, has quietly been shopping Dodgeville Wis. mail-order catalog Land's End to potential buyers.

2011-16 Local Media Ad Spending

2011-2016 Local Media Ad Spend: Digital Strong, Traditional Flat: Local media industry adviser BIA/Kelsey expects strong growth (12.7%) in the digital segment of local media advertising through 2016. The firm expects traditional local media to grow from $111.5 billion to $112.7 billion in 2016.

European Woodfree Ships Fall

http://www.cepifine.org/index.php?option=com_content&view=article&id=15&Itemid=16

CEPIFINE reported February coated woodfree paper shipments declined -5.3% as compared to the same month last year. Year-to-date, shipments fell -5.8%. Demand was down -4.2% for the month and -5.1% for the year. Exports decreased -7.9% in February and -7.3% Y-t-D.

U.S. Paper Recovery Reaches 66.8%

http://www.afandpa.org/

The American Forest & Paper Association (AF&PA) today announced the 2011 recovery rate of paper consumed in the U.S., which has reached a record-high 66.8%. The level of paper recovery for recycling achieved in 2011 is nearly double the industry benchmark of 33.5 percent set in 1990, the year the industry established its first recovery goal.

China's RCP and Pulp Imports Grow

China's total recovered paper (RCP) imports climbed 42.7% to around 2.531 million tonnes in February, up from some 1.774 million tonnes the previous month,  China's total pulp imports jumped 32.5% in February from the previous month to nearly 1.554 million tonnes, Imports of BSK pulp are up 10.8% year-to-date, 2012/2011.

Battle for Fibrek Goes On

Battle for Fibrek: Quebec Court of Appeal sides with Resolute:
The Quebec Court of Appeal has sided with Resolute Forest Products and has overturned a lower court ruling that had helped its rival in its attempt to acquire control of Fibrek Inc.
The Court has reinstated the cease trade order on Fibrek Inc.’s private placement of 32,320,000 special warrants to Mercer International Inc. The court’s ruling could be appealed to the Supreme Court of Canada.

Forbes Retools ForbesLife

Forbes Retools Its Luxury Spinoff ForbesLife: Starting with its March issue, Forbes has relaunched its 22-year old luxury lifestyle offshoot ForbesLife and, for the first time, is selling the title as a standalone at newsstands.

40% of B-t-B Media Revenue in Events

The Event Stars of Magazine Media: Business-to-business media revenue hit $26.49 billion last year, with revenue from trade shows, events and conferences rising to 40% of that total, according to American Business Media.

Haymarket Sells Racer Magazine

Haymarket Sells Majority Stake in Racer Magazine: Haymarket Media has sold its majority stake in Racer Magazine back to its original founding management team of Paul Pfanner and Bill Sparks.

Global Ad Spend Forecast Up 4.8%

Global Ad Spend Expected to Grow 4.8% in 2012; US Growth Steady at 3.6%: ZenithOptimedia predicts global ad expenditure will grow 4.8% in 2012. The global media services group now expects ad expenditure to grow 5.3% in 2013 and 6.1% in 2014.

Valpak to Hire 100 Veterans by 2013

Valpak Announces Plans to Hire 100 Veterans by 2013: Valpak, a leader in local print and digital coupons, announced a commitment to hire 100 veterans by the end of 2013.

USPS Reports February Loss

USPS' losses mount in February: The U.S. Postal Service reported a loss of $1.1 billion for the month of February, the fifth month of its fiscal year, raising its year-to-date losses to $5.6 billion.

EURO-GRAPH Reports February Numbers

Total European shipments of coated mechanical paper fell -2.5% in February, as compared to the same month last year. Demand was down -3.9%, but exports rose by +2.9%. Shipments of Supercalendered paper increased 0.9% and demand was up 4.5%. Exports declined -14.6%.

St.Mary's May Never Restart

http://www.saultstar.com/ArticleDisplay.aspx?e=3514164

St. Marys Paper is expected to be approved for sale in a on Monday morning.

A union representative for the papermaker's 300 workers expects the buyer, 2319839 Ontario Inc. won't restart operations, but instead will strip raw iron, special metals and electric motors from the century-old Supercalendered paper mill.

West Fraser Raising Pulp Price

West Fraser followed Canfor Pulp, Domtar, Resolute Forest Products and Tembec in announcing an increase of $30/metric tonne for NBSK pulp, effective April 1.

Variety For Sale

Variety Goes on the Block: Reed Business Information [RBI] today announced that is putting Variety up for sale. The company has spent the last three years divesting its U.S. magazine properties.

Resolute Paper Raises NBSK Prices

Resolute Forest Products announced an increase of $30/tonne on NBSK pulp, effective April 1.

Nippon Restarts LWC Machine

The Nippon Paper Group  has restarted another machine at its Ishinomaki mill in Japan.

Ishinomaki is the last facility in the country still dealing with machine damage from the catastrophic tsunami and earthquake of March 2011. PM 6, a 272,000 tonne/yr lightweight coated (LWC) paper unit, started back up on March 9. PM 5, which can produce 150,000 tonnes/yr of LWC, came back online on February 22.

White Birch Union Approves Offer

White Birch employees vote ‘Yes’ to accept final offer:
The vote by the unionized workers of the Stadacona mill yesterday was 79% in favour of accepting White Birch Paper Company‘s final offer. The offer includes significant concessions, but also gives the workers a chance that their newsprint mill may reopen.

Norske Skog Sells Follum Mill & Operations in Chile

http://www.pulpapernews.com/2012/03/norske-skog-sells-follum-to-viken-skog
Norske Skog divests its operations in Chile:
Norske Skog has entered into an agreement to sell the Follum, which the company had closed, to Viken Skog.
Separately, Norske Skog announced the sale of Norske Skog Bio Bio in Chile to Group BO, a consortium of Chilean investors, for USD 56 million.

ABC Endorses New Consolidated Media Report

ABC board endorses new Consolidated Media Report format for business publishers: The Audit Bureau of Circulations board has endorsed a new Consolidated Media Report format for business magazine publishers. The CMR enables publishers to include data from such brand extensions as newsletters, trade shows and websites to help quantify the reach of the brand.

Access Intelligence Buys LeadsCon

Access Intelligence Acquires LeadsCon, Daily Deals Summit: Access Intelligence, owner of FOLIO: publisher Red 7 Media, announced today it has acquired LeadsCon.

Flint Group Raising Prices

Flint Group Announces April 1st Price Increases: Continuing raw materials cost increases as well as other operations and logistical cost increases in 2012 requires Flint Group to increase prices of solvent based packaging inks and all packaging and narrow web white inks in North America effective 1 April 2012.

Trouble for USPS Reform Bill

Backlash Against USPS Mail Plant Closures Threatens Reform Bill: The massive political backlash against U.S. Postal Service plans to reduce the size of its mail processing network by 50 percent has reached fever pitch, threatening to completely block any postal reform legislation.

Quad Establishes Media Solutions Services Group

Quad Graphics Establishes Media Solutions Services Group:
Quad Graphics Inc. announces the formation of Media Solutions, a services group dedicated to helping marketers and publishers more efficiently and effectively integrate print and new media channels.

RRD 8% Dividend Yield

R.R. Donnelley Prints Everything -- Including an 8% Dividend Yield -- Except Profits:
As investors, we're all increasingly accustomed to modern companies - created in recent years to capitalize on things like the Internet, global trade and the use of myriad technologies that replace much of what workers formerly did.

eBook Sales Reaching Plateau

Are eBook Sales Reaching a Plateau?: The once-exploding sales growth of eBooks has slowed dramatically, according to research from RR Bowker.

Vietnam; World’s Largest Wood Chip Supplier

Vietnam now world’s largest wood chip supplier

More Details Kodak's Chapter 11

More details emerge behind Kodak's fall into Chapter 11:

A dramatic collapse in licensing revenues at Kodak's Consumer Digital Imaging division and a doubling of losses at its Graphic Communications Group wing helped propel the firm into Chapter 11 bankruptcy protection.

People On The Move; Omnimedia

People on the Move: Alison Adler Matz is named senior vice president and publisher of Martha Stewart Living Omnimedia’s Everyday Food and Whole Living. She was previously publisher of Fairchild Fashion Media’s WWD Beauty Inc.

Supercalendered Paper Ships Fall

The PPPC has reported that North American Supercalendered paper shipments declined -27% in February as compared to the same month last year. Demand was down -28.3% and imports decreased -32.7%. The operating rate was 96%. SC-A/SC-A+ shipments fell -17.6%, demand was down -22.6% and imports declined -34.7%.

NYSE Accepts Verso Plan

http://www.versopaper.com/default.aspx

Verso Paper Corp. announced today that the New York Stock Exchange has accepted the company's plan for continued listing on the NYSE.The company also reported preliminary results of tender offer for certain outstanding debt.

Norske Skog Closing Follum

Norske Skog will stop paper production at its Follum mill in Hønefoss, southern Norway, on March 30. The mill makes 145,000 tonnes/yr of coated paper on PM 7 and 145,000 tonnes/yr of improved newsprint and book paper on PM 1.

AF&PA Reports February CGW Ships Up

http://www.statmill.org/

According to the American Forest & Paper Association, total printing-writing paper shipments in the U.S. increased 2% in February compared to the same month in 2011. Coated mechanical paper shipments jumped four percent year-over-year, the largest such increase since September 2010. Shipments of coated free sheet rose year-over-year for the first time in the past 15 months.

Sappi Limited Named First HP Indigo Partner

Sappi Limited Named First HP Indigo Worldwide Preferred Media Partner:
North America announced today it has been named as the first worldwide member of the HP Indigo Preferred Media Partner program.

B-to_B Media Revenue Jumps 6.9%

B-to-b media increase revenue 6.9% in 2011: Total b-to-b media revenue grew 6.9% to $26.5 billion last year, according to Business Information Network data released by American Business Media.

Cintas Reports Q3 Results

http://www.cintas.com/company/investor_information/highlights.aspx
Cintas Corporation today reported results for its third quarter ended February 29, 2012. Revenue for the third quarter was $1.01 billion, representing a 7.9% increase compared to last year's third quarter. The Company's third quarter operating income of $137.5 million was a 26.3% improvement as compared to last year's third quarter. Net income increased 28.7% to $76.0 million.

Email Deliverability Falls

Email deliverability took steep dive in 2011: Overall worldwide email delivery to inboxes declined in the second half of 2011, falling to a record low 76.5%, down almost six percentage points from the first six months of last year, according to email deliverability company Return Path.

Negotiations for NP Port Hawkesbury Continue

http://www.capebretonpost.com/News/Local/2012-03-20/article-2934837/Potential-mill-owner-waiting-for-hearing-into-electrical-rate/1

It’s still unclear when a date may be set for a hearing into a request for a load-retention electricity rate by the company negotiating to buy the shuttered NewPage Port Hawkesbury paper mill.

Last week the lawyer for Pacific West Commercial Corp., which is a part of the Stern Group, wrote to the Nova Scotia Utility and Review Board saying it requires an electricity rate for the mill that will allow it to be a viable long-term operation

St. Marys Paper, More on the Story

End of paper making in Sault Ste. Marie? Details of St. Marys Paper sale:
A number company, 2319839 Ontario Inc., is in the process of purchasing St. Marys Paper.
Ernst & Young, as receiver of St. Marys Paper, describes 2319839 Ontario Inc. as a consortium of companies including an auctioneer, a real estate redevelopment company, a metals recycling company, and a forest products company.

Catalyst Paper May Sell Mills

Catalyst Paper threatens to sell all its mills if restructuring plan isn’t accepted this time:
If the creditors of Catalyst Paper don’t approve a restructuring plan this Friday, a plan that is similar to the one they have already rejected, then Catalyst Paper wants to sell its pulp and paper mills.

New York Magazine Awarded for General Excellence

New York Magazine Takes Home Digital Ellie for General Excellence: Today’s MPA Digital: Swipe Conference closed with the National Magazine Awards for Digital Media 2012.  New York magazine took home two Ellies: one for the esteemed General Excellence category, as well as for best website.

Forbes to Work with comScore

Forbes to Verify Digital Ads Are Actually Seen: The edge that digital advertising has always had over print is its measurement and accountability. Forbes is partnering with comScore to use its Validated Campaign Essentials product to provide "viewable impression measurement" for all of its digital ads. In other words, Forbes will be able to tell its advertisers that an ad impression was actually seen.

ABC Takes Steps in Digital Reporting

ABC Readies Digital Reporting Changes to Its Publisher’s Statement: The ABC board of directors has taken a significant step toward formally approving a number of changes to its digital reporting rules, including the implementation of a new Publisher’s Statement prototype that will include key activity metrics for digital editions.

RBI Publisher Launches New Title

Former RBI Publisher Launches New Restaurant Magazine: Zoomba Group—publisher of former Reed Business Information title Foodservice Equipment & Supplies (FE&S)—is set to launch a new magazine this month, called Restaurant Development & Design.

HP Announces Realignment

HP Announces Organizational Realignment: HP today announced an organizational realignment.
As part of this realignment, HP’s Imaging and Printing Group (IPG) and its Personal Systems Group (PSG) are joining forces to create the Printing and Personal Systems Group led by Todd Bradley.
Vyomesh Joshi, executive vice president of IPG, is retiring.

USPS Launching Every Door Direct Mail

USPS Launching Ad Campaign to Promote Every Door Direct Mail: WASHINGTON, DC—March 20, 2012—The U.S. Postal Service unveiled a new integrated marketing campaign to promote easy-to-use and affordable direct mail and shipping services to America’s small businesses.

TC Transcontinental Closing Two Plants

TC Transcontinental Rationalizing Some of Its Printing Network Assets: In the wake of its acquisition of the shares of Quad/Graphics Canada being finalized, Transcontinental Inc. announced that it will be reorganizing its print operations across Canada. To stay competitive and maximize the use of its most productive equipment, the printer is rationalizing some of its assets.

MC Sports Names Vertis

Vertis Lands Exclusive Advertising Inserts Contract from MC Sports: Vertis Communications, a results-driven marketing communications company, announced that MC Sports named the company its exclusive print and logistics provider of high-quality advertising inserts.

Kodak's Extends OPS Agreement

Kodak's Web-to-Print Global Reseller Agreement with Online Print Solutions: Kodak has expanded a reseller agreement with Online Print Solutions (OPS) from covering customers in North America to a global relationship.

St. Marys Paper Has Buyer

St. Marys Paper has a purchaser:
Ernst & Young Inc., the receivers for St. Marys Paper, have requested a court hearing on March 22  in Toronto to seek the court’s approval for the sale of the mill. The purchaser is 2319839 Ontario Inc.
As part of the purchase agreement, the purchaser is requesting that the receiver terminate the employment of all St. Marys Paper employees.

TSX Approves Fibrek/Mercer Proposal

TSX approves Fibrek’s private placement of special warrants to Mercer:
Fibrek Inc. has just announced that the Toronto Stock Exchange (TSX) has determined to accept notice of Fibrek’s private placement of special warrants to Mercer International Inc. and has conditionally approved the listing of the common shares issuable on conversion of the Special Warrants. Completion of the Private Placement is subject to customary conditions.

Stora Enso to Invest 1.6 b Euros in China

UPDATE 2-Stora Enso to invest 1.6 bln euros in new China mill:
Finnish paper company Stora Enso plans to invest 1.6 billion euros to build a new mill in China, banking on growth in the Asian market as it faces weakening demand and overcapacity in Europe.

IP; One of the World's Most Ethical Company

International Paper's Sixth Year as One of the World's Most Ethical Company: For the sixth straight year, International Paper was named as one of the World’s Most Ethical Companies by The Ethisphere Institute.

Ocado Launches "Shop"

Ocado rebrands customer magazine: Ocado has relaunched its customer magazine Ocado Life and renamed it Shop, with the first issue due to be distributed this week.

manroland web Opens Operation in NA

manroland web systems GmbH Opens New Operation in North America: —manroland web systems, the U.S. sales and service organization for manroland web systems GmbH (Augsburg, Germany), was founded this past week and came into existence on March 16. The new company is located in Westmont, IL.

Sandy Alexander Becomes SGP Certified

Sandy Alexander Wide & Grand Format Division Becomes SGP Certified: Sandy Alexander announced today that they have received the Sustainable Green Printing Partnership (SGP) certification.

NA Coated Paper Ships Up, Demand Down

February North American coated mechanical shipments, as reported by PPPC, was up 2.7% in February as compared to the same month last year. Demand was down -2.9%, imports declined -15.6% and the operating rate was 92%.  February coated woodfree shipments rose 1.4%, demand fell -1.2%, imports were down -11.4% and the operating rate was 87%.

Catalyst Secures Labor Agreements

http://www.catalystpaper.com/media/news

Catalyst Paper reached new labour agreements with unions representing more than 1,000 paper and pulp workers at the company’s Crofton, Port Alberni and Powell River mills. The new contracts will go into effect at the expiry of the current contract on April 30, 2012.

Resolute to Appeal Fibrek Decision

Resolute wins permission to appeal:
The Québec Court of Appeal has granted AbitibiBowater Inc. (doing business as Resolute Forest Products) permission to appeal the Court of Québec’s decision rendered on March 9, 2012.

Stora Enso Makes Changes

Stora Enso rethinks Group Executive Team:

Stora Enso is appointing three new members to its Group Executive Team,Karl-Henrik Sundström, 

who has been appointed CFO. At the same time three current members will leave the team to take 

new positions inside and outside the Company. 

Wyndeham Group Renews Condé Nast Britain Contract

Wyndeham Group Renews Three-Year Contract with Condé Nast Britain: Wyndeham Group announces it has renewed its printing contract with Condé Nast Britain, to cover the next three years.
The new deal encompasses the printing and binding of Condé Nast’s market leading consumer magazines.

40% of Display Ads Miss Target

High Proportion of Display Ads Not Seen by Intended Audience: A review of user engagement with display ads finds that that nearly 40% of these ads are not seen by their intended audience.

37% B-toB Marketers Not Measuring Results

Study: Marketers falling short in campaign metrics: Almost 37% of b-to-b marketers don't track revenue generated by their campaigns, with many citing lack of time or resources to create reports, according to a study by marketing automation company Pardot.

UPS Buys TNT Express

UPS acquires TNT Express: UPS has reached an agreement to acquire Dutch-based international delivery services company TNT Express, said UPS director of global media services Norman Black. TNT Express's major shareholders have agreed on UPS's all-cash offer at $6.8 billion.

Newspaper Ads Fall 6th Consecutive Year

U.S. newspaper ad revenue drops for sixth straight year: Total newspaper advertising revenue in the U.S. suffered its sixth straight yearly decline last year, according to data released by the Newspaper Association of America.

Canfor Follows Domtar on NBSK

Canfor Pulp announced to US and Asian customers that it will increase northern bleached softwood kraft (NBSK) pulp prices by $30/tonne, effective April 1 until further notice.

NewPage Port Hawkesbury Gets Funding

Nova Scotia announces $14.8 million for Port Hawkesbury mill:

Darrell Dexter, the Premier of Nova Scotia, is in Port Hawkesbury at this hour, making a funding announcement for the idled Port Hawkesbury Supercalendered paper mill. It includes a total of $14.8 in funding. $5.8 million of the total will be used to maintain the mill’s hot idle until a sale of the mill to Pacific West Commercial Corp. is complete.

Cataloguers' Take on USPS Plan

http://www.retailonlineintegration.com/article/catalogers-offer-mixed-reactions-to-usps-5-year-profitability-plan/1

Catalogers were hopeful yet still cautious regarding the proposals laid out in the U.S. Postal Service's five-year business plan, which was presented by Postmaster General and CEO Patrick Donahoe 

Group Publisher Leaves American Media

http://www.adweek.com/print/138945

Diane Newman, who had people buzzing over her weeks-long absence from tabloid and fitness publisher American Media, has now left the company.

Print Media Still Favorite

Print Media Still Preferred by Execs for Biz & Trade Info: The majority of surveyed global senior executives continue to read business and trade information in printed formats.

Domtar Raises NA NBSK Price

Domtar informed North American customers today that it will increase prices on northern bleached softwood kraft by $30/tonne, effective April 1.

Smart Paper Hamilton Mill Bought

http://www.oxfordpress.com/news/city-agrees-to-buy-smart-paper-complex-1343893.html

The city of Hamilton, Ohio will use taxpayer money to purchase the 42.9-acre SMART Paper complex in hopes of attracting another paper manufacturer, keeping valuable jobs in the area, officials said.