The conversion to recycled paper has proved to be a real rollercoaster ride for Manistique Papers. Once believed to be their salvation, rising raw material costs eventually forced the mill into bankruptcy. After several months of negotiations, the Watermill Group, owner of FutureMark, the nation‟s largest producer of 100 percent recycled coated paper, is set to inject success into the uncoated paper lines produced in Manistique.“It‟s nice to be here,” said Steve Silver, president of FutureMark. “This has turned out to be such a great story.”Silver said, with all of the negative information in the press lately about private equity funds being “bad”, this was an example of a success story.
Monday, June 11, 2012
Manistique-A Success Story
http://www.bankmbank.com/MediaLib/mbank/mBank/downloads/Manistique-Papers-officially-changes-hands-5-10-12.pdf
The conversion to recycled paper has proved to be a real rollercoaster ride for Manistique Papers. Once believed to be their salvation, rising raw material costs eventually forced the mill into bankruptcy. After several months of negotiations, the Watermill Group, owner of FutureMark, the nation‟s largest producer of 100 percent recycled coated paper, is set to inject success into the uncoated paper lines produced in Manistique.“It‟s nice to be here,” said Steve Silver, president of FutureMark. “This has turned out to be such a great story.”Silver said, with all of the negative information in the press lately about private equity funds being “bad”, this was an example of a success story.
The conversion to recycled paper has proved to be a real rollercoaster ride for Manistique Papers. Once believed to be their salvation, rising raw material costs eventually forced the mill into bankruptcy. After several months of negotiations, the Watermill Group, owner of FutureMark, the nation‟s largest producer of 100 percent recycled coated paper, is set to inject success into the uncoated paper lines produced in Manistique.“It‟s nice to be here,” said Steve Silver, president of FutureMark. “This has turned out to be such a great story.”Silver said, with all of the negative information in the press lately about private equity funds being “bad”, this was an example of a success story.
Catalyst Announces Update On CCAA Process
http://catalystpaper.com/media/news
Catalyst Paper today announced that a number of parties have expressed interest in participating in the court-approved sale and investor solicitation procedures (SISP). Potential bidders were required to submit certain information and an executed confidentiality agreement to Catalyst Paper by June 6, 2012. The material submitted will be considered when determining the parties that will move to the next stage of the SISP process. Parties proceeding to the next stage must submit a non-binding indication of interest by 5:00 pm (PST) on July 11, 2012.
Catalyst Paper today announced that a number of parties have expressed interest in participating in the court-approved sale and investor solicitation procedures (SISP). Potential bidders were required to submit certain information and an executed confidentiality agreement to Catalyst Paper by June 6, 2012. The material submitted will be considered when determining the parties that will move to the next stage of the SISP process. Parties proceeding to the next stage must submit a non-binding indication of interest by 5:00 pm (PST) on July 11, 2012.
Kruger Corner Brook Mill Possible Verge of Bankruptcy
http://www.cbc.ca/news/canada/newfoundland-labrador/story/2012/06/08/nl-jerome-kennedy-mill-future-608.html
Newfoundland and Labrador's natural resources minister warned Friday that Corner Brook Pulp and Paper is in such dire shape that it could shut down without a new deal with its unionized employees. "I can tell you, based on what we know, [that] Corner Brook and Pulp is on the verge of bankruptcy," Jerome Kennedy told reporters in St. John's Friday. Kruger Inc., which owns Corner Brook Pulp and Paper, has resumed negotiations with unionized workers, who just weeks ago narrowly rejected a proposal to restructure the unfunded liability of the company's pension plans.
Newfoundland and Labrador's natural resources minister warned Friday that Corner Brook Pulp and Paper is in such dire shape that it could shut down without a new deal with its unionized employees. "I can tell you, based on what we know, [that] Corner Brook and Pulp is on the verge of bankruptcy," Jerome Kennedy told reporters in St. John's Friday. Kruger Inc., which owns Corner Brook Pulp and Paper, has resumed negotiations with unionized workers, who just weeks ago narrowly rejected a proposal to restructure the unfunded liability of the company's pension plans.
Norske Skog To Take Downtime
Norske Skog is planning on taking downtime of its magazine and newspaper capicity in Europe by 10% in Q3.
Threat Of The Internet Forces Mags To Get Smarter
http://www.economist.com/node/21556635
“PRINT is dead” was a common refrain a couple of years ago. The costly print advertisements that kept magazines and newspapers alive were migrating to the web, where they earned only pennies on the dollar. To publishers, it felt as if a hurricane was flattening their business. But as the storm has cleared, a new publishing landscape has emerged.
“PRINT is dead” was a common refrain a couple of years ago. The costly print advertisements that kept magazines and newspapers alive were migrating to the web, where they earned only pennies on the dollar. To publishers, it felt as if a hurricane was flattening their business. But as the storm has cleared, a new publishing landscape has emerged.
Retail Catalogs Survive The Internet
http://www.cnbc.com/id/47482913/
Online spending may be increasing, but the venerable catalog is doing anything but fading away. In fact, it is still an important part of business for retailers. “It’s basically a marketing tool,” said retail analyst Eric Beder, a managing director at Brean Murray, Carret & Co. “The beauty of a catalog is that you don’t have to go online to see it, so you can use it anywhere.”
http://chiefmarketer.com/blog/catalog-lives-0
The Catalog Lives On
Online spending may be increasing, but the venerable catalog is doing anything but fading away. In fact, it is still an important part of business for retailers. “It’s basically a marketing tool,” said retail analyst Eric Beder, a managing director at Brean Murray, Carret & Co. “The beauty of a catalog is that you don’t have to go online to see it, so you can use it anywhere.”
http://chiefmarketer.com/blog/catalog-lives-0
The Catalog Lives On
RRD OHSA's Recertification To VPP Star Status
RR Donnelley Facilities Earn Recertification to OHSA’s VPP Star Status: R. R. Donnelley & Sons announced that its Senatobia, MS, and Lynchburg, VA, production facilities have been recertified as achieving Voluntary Protection Program (VPP) Star Status by OSHA. Star certifications, the highest that OSHA grants, are awarded only after organizations complete an application process and undergo a rigorous onsite evaluation that is conducted by a team of safety and health professionals.
USPS-Your Logo As A Stamp
http://www.mediabuyerplanner.com/entry/110100/your-logo-as-a-stamp-postal-service-launches-custom-indicia/#.T9Xag43niUU.twitter
In response to customer requests (and after nearly a year of beta testing), the U.S. Postal Service has launched of the Picture Permit Imprint Indicia program for commercial mailers. USPS claims the program provides new advertising opportunities for commercial mail customers by allowing them to use corporate logos, product visuals or other brand images in the permit indicia space on their mail.
In response to customer requests (and after nearly a year of beta testing), the U.S. Postal Service has launched of the Picture Permit Imprint Indicia program for commercial mailers. USPS claims the program provides new advertising opportunities for commercial mail customers by allowing them to use corporate logos, product visuals or other brand images in the permit indicia space on their mail.
House Approves GPO’s Funding for 2013
House of Representatives Approves GPO’s Funding Request for 2013: The House of Representatives approved the Fiscal Year 2013 Legislative Branch Appropriations bill on June 8, 2012. The bill includes funding for the U.S. Government Printing Office (GPO), which has been appropriated $122.5 million, representing a 3-percent reduction from GPO’s request submitted to the House in February.
Michael Robinson Named VP-Martha Stewart Omnimedia
http://www.dmnews.com/michael-robinson-named-vp-of-e-commerce-at-martha-stewart-omnimedia/article/245136/
Martha Stewart Living Omnimedia has appointed Michael Robinson as its VP of e-commerce, said Jeanne Meyer, SVP of communications at the company. In December, Martha Stewart Living Omnimedia announced a strategic partnership with JCPenney, Meyer said. Robinson's hire was a direct result of the partnership, she said.
Martha Stewart Living Omnimedia has appointed Michael Robinson as its VP of e-commerce, said Jeanne Meyer, SVP of communications at the company. In December, Martha Stewart Living Omnimedia announced a strategic partnership with JCPenney, Meyer said. Robinson's hire was a direct result of the partnership, she said.
Waterhouse Named CEO-McGraw-Hill Education
Waterhouse named CEO of McGraw-Hill Education:
McGraw-Hill Cos. has named Lloyd G. “Buzz” Waterhouse as president-CEO of McGraw-Hill Education, a new position. He will start in the role on June 14.
McGraw-Hill Cos. has named Lloyd G. “Buzz” Waterhouse as president-CEO of McGraw-Hill Education, a new position. He will start in the role on June 14.
German RCP Prices Decline
http://www.euwid-paper.com/news/singlenews/Artikel/prices-for-lower-recovered-paper-grades-in-germany-heading-south.html
Although container availability has improved recently, recovered paper exports to Asia are still sluggish, keeping prices on many domestic markets in Europe under pressure.The German recovered paper market has seen another decline in prices for ordinary grades in June. Prices remained under pressure due to sluggish deep sea exports to Asia and slow demand from buyers on the domestic market. Market insiders report that collection is relatively good with a number of regions reporting lower collection volumes.
Although container availability has improved recently, recovered paper exports to Asia are still sluggish, keeping prices on many domestic markets in Europe under pressure.The German recovered paper market has seen another decline in prices for ordinary grades in June. Prices remained under pressure due to sluggish deep sea exports to Asia and slow demand from buyers on the domestic market. Market insiders report that collection is relatively good with a number of regions reporting lower collection volumes.
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