Friday, October 26, 2012
Domtar Investing $30M to Convert Mill
Domtar investing $30M to re-purpose its Marlboro mill toward carbonless base papers as part of supply agreement with Appleton: Domtar Corporation today announced plans to re-purpose its facility in Bennettsville, Marlboro County to align with shifting market demands in the paper industry. The company plans to invest $30 million in the plant over the next year as part of a previously announced long-term supply agreement with Appleton Papers Inc. ("Appleton") of Appleton, Wisconsin.
Boise Cascade Reports Q3 Sales Up
Boise Cascade Reports 22% Increase in Q3 Sales: BOISE, Idaho - Boise Cascade Holdings, L.L.C. (Boise Cascade or Company) announced third quarter 2012 net income of $23.5 million and earnings before interest, taxes, depreciation, and amortization (EBITDA) of $36.8 million. Year-to-date net income and EBITDA results of $40.2 million and $79.6 million, respectively, reflect a significant improvement over a net loss of $32.6 million and EBITDA of $8.9 million reported in the first nine months of 2011. Sales in third quarter 2012 were $764.6
Weyerhaeuser Reports Q3 Financials
Union Protests Sappi Offer
“We're out here today on an informational picket, bringing the issues out to the pubic and the community,” Local 11-63 President Brady Nelson said.
Retiree benefits were the issue at hand for the workers. Nelson said workers rejected Sappi's offer earlier this month.
“The proposal would have split our local right down the middle. They were proposing to take some retiree benefits away from our members that had less than 15 years of service by the end of this year,” Nelson said.
Flambeau River Owes Loan Payments
The Wisconsin Economic Development Corp. has released the names of Flambeau River Papers and Flambeau River Biofuels as owing the largest share in past due loans. Both
companies are headed by politically connected North Woods businessman William
"Butch" Johnson.
Since 2006, the
two companies have received about $16 million in grants and loans from state
taxpayers..WEDC says those
two Flambeau River companies together owe a total of $4 million.
Robb Report Launches Home & Style
http://www.minonline.com/news/21368.html
Magazines continue to follow the money and shoot for the high end in their new launches. Luxury magazine Robb Report is spinning out a new title in the shelter category. Well, to be frank, calling these houses “shelter” is a laughable understatement. The bi-monthly Home & Style title will focus on homes, style, decoration, home products, furnishing at some of the most exclusive locations and the most expensive districts.
Magazines continue to follow the money and shoot for the high end in their new launches. Luxury magazine Robb Report is spinning out a new title in the shelter category. Well, to be frank, calling these houses “shelter” is a laughable understatement. The bi-monthly Home & Style title will focus on homes, style, decoration, home products, furnishing at some of the most exclusive locations and the most expensive districts.
Harper's Relaunches Website
“This redesign is overdue, we realize—a delay not in keeping with what was once a fairly distinguished digital reputation,” associate editor Jeremy Keehn wrote in a blog post last week. “Harper’s was one of the first magazines to build a website, way back in 1996.”
The Walking Dead, The Official Magazine
This 100-page issue features an inside look at the TV show, comics and everything in-between.
Condé Nast, Bonnier, NYT Ready for Microsoft Tablet
Rodale's Best Life Returns
Best Life Returns: Tanned, Rested Digitally Enhanced: Three years after folding (or putting on 'hiatus') its men’s lifestyle title, Rodale brings Best Life back to newsstands this week. Scheduled to stay at retail for the coming quarter, Best Life revives much of the content mix that made it a favorite among many affluent male readers for years: celebrity, style, high end goodies.
Deluxe Reports Growth in Q3
Deluxe Reports 7% Revenue Growth in Q3 2012: Revenue grows 7%: exceeds high end of outlookDiluted EPS of $0.81 grows 14%; adjusted EPS of $0.85 grows 9% - both exceed high end of outlookRaises full-year revenue and EPS outlookDeclares regular quarterly dividend.
Technology Review Relaunches
Technology Review Relaunches With Digital Focus: Technology Review has relaunched itself as MIT Technology Review, completing a digital-first transformation worthy of its cutting-edge namesake.
USPS Offers 6 Money-Saving Promotions
U.S. Postal Service to Offer Six Money-Saving Mailing Promotions in 2013: To help marketers prepare earlier for upcoming mail promotions, the U.S. Postal Service for the first time is publishing a yearly promotions calendar. The “2013 Mailing Services Promotions Calendar” will include six promotions designed to generate continued interest in the various uses and benefits of mobile barcodes in direct mail, as well as provide opportunities for marketers to be more successful with traditional integrated marketing campaigns.
Pearson and Bertelsmann in Talks
Pearson and Bertelsmann in Talks to Combine Random House and Penguin: Pearson, the British media conglomerate, said Thursday that it was in talks to combine its Penguin publishing house with Random House, owned by Bertelsmann of Germany. The combination would create a division with greater scale that could compete in a rapidly evolving eBook market.
Valassis Reports Q3 Results
Valassis’ Cost Cutting Spikes Its Net Earning as Revenues Fall: Valassis announced financial results for the third quarter ended Sept. 30, 2012. Revenues totaled $523.8 million, compared to $528.4 million in the prior year quarter. Its net earnings were $36.7 million, an.an increase of 33.5 percent from $27.5 million in 2011.
U.S. Businesses More Optimistic
Sage study shows U.S. businesses more optimistic than global counterparts: U.S. business owners are less optimistic about the economy than they were six months ago, but they are more optimistic about their own businesses' prospects over the next six months than their global counterparts, according to a survey by software company Sage North America.
Focus On Media’s ‘Great Realignment’
Focus On Media’s ‘Great Realignment’ at the ACT III Conference: Magazine publishers from a broad cross section of the industry spent two days presenting their best practices and innovative ideas for an era of transition during the third annual ACT III conference at the University of Mississippi.
Folio: People On The Move
People On The Move | 10.25.12:
Sports Illustrated has promoted Chris Stone to managing editor. Stone was previously assistant managing editor for the magazine.
Paul Fichtenbaum has been named editor at Time Inc. Sports Group. Fichtenbaum was serving as managing editor at SI.com.
Jennifer Levene Bruno is now publisher and chief revenue officer at Town & Country. Levene was previously publisher and chief revenue officer at VERANDA.
Bloomberg Buisnessweek has tapped Janet Paskin as its assistant managing editor and editor of Businessweek.com. Paskin joins the company from The Wall Street Journal, where she was a digital editor.
Sports Illustrated has promoted Chris Stone to managing editor. Stone was previously assistant managing editor for the magazine.
Paul Fichtenbaum has been named editor at Time Inc. Sports Group. Fichtenbaum was serving as managing editor at SI.com.
Jennifer Levene Bruno is now publisher and chief revenue officer at Town & Country. Levene was previously publisher and chief revenue officer at VERANDA.
Bloomberg Buisnessweek has tapped Janet Paskin as its assistant managing editor and editor of Businessweek.com. Paskin joins the company from The Wall Street Journal, where she was a digital editor.
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