Wednesday, December 26, 2012
Resolute Fort Frances PM Down Over Christmas
Resolute’s Fort Frances No. 7 machine will shut down briefly over Christmas: Resolute Forest Products shut down its remaining operating paper machine at its mill in Fort Frances, Ontario briefly over Christmas.The No. 7 paper machine was shut down on December 24 and 25.The downtime is being blamed on market conditions. No. 7 machine to shut briefly
NewPage Announces New Board Of Directors
NewPage Announces New Board Of Directors: NewPage Corporation announced today the members of its new Board of Directors. Mark A. Angelson, former Chicago Deputy Mayor and chief executive officer of RR Donnelley who also led World Color Press out of bankruptcy and guided its combination with Quad/Graphics, has been named chairman. He will be joined by paper industry leaders Robert M. Amen, former president of International Paper Company and John F. McGovern, former chief financial officer of Georgia Pacific Corporation. Robert J. Bass, a member of the audit committee of Groupon and a recently retired vice chairman of Deloitte LLP, also has been named to the board, along with Paul E. Huck, senior vice president and chief financial officer of Air Products & Chemicals, Inc., Lisa J. Donahue, managing director in the Turnaround and Restructuring Practice of AlixPartners LLC, and Eric D. Muller, managing director in the Principal Investment Area of Goldman Sachs. George F. Martin, chief executive officer for NewPage, is the only continuing member of the board.
NewPage Completes Financial Restructuring
NewPage Completes Financial Restructuring, Emerges from Chapter 11 With Sustainable Capital Structure: NewPage Corporation announced today that it has successfully completed its financial restructuring and has officially emerged from Chapter 11 bankruptcy protection pursuant to its Modified Fourth Amended Chapter 11 Plan confirmed on December 14, 2012, by the U.S. Bankruptcy Court for the District of Delaware in Wilmington. "This is an exciting day for all of us at NewPage," said George F. Martin, president and chief executive officer. "We have successfully completed our restructuring, and we have emerged as a financially sound company. This step helps to solidify our position as the leading North American producer of printing and specialty papers.
Tembec Kapuskasing-Power Rate Break
http://www.kapuskasingtimes.com/2012/12/20/tembec-kapuskasing-to-receive-break-on-power-rate
Tembec’s Kapuskasing operation will benefit from an initiative the provincial government says is designed to help large northern industrial companies improve energy efficiency, reduce costs, sustain jobs and maintain competitiveness. “This is something we’ve been advocating for, for a long time not to give us any sort of advantage but just to make it competitive,” said Mayor Alan Spacek. “Tembec has told us this pricing is critical to long-term stability and I am very pleased with this announcement as it will add certainty and stability for the future.” “Electricity continues to be a major operating cost for large northern forestry operations. Monday’s announced extension of this program will assist them in lowering costs, improving productivity and boosting competitiveness. We look forward to continue working with the provincial government to develop policies and programs that support a renewable industry so important to Ontario’s economy,” said Jamie Lim, President and CEO, Ontario Forest Industries Association.
Tembec’s Kapuskasing operation will benefit from an initiative the provincial government says is designed to help large northern industrial companies improve energy efficiency, reduce costs, sustain jobs and maintain competitiveness. “This is something we’ve been advocating for, for a long time not to give us any sort of advantage but just to make it competitive,” said Mayor Alan Spacek. “Tembec has told us this pricing is critical to long-term stability and I am very pleased with this announcement as it will add certainty and stability for the future.” “Electricity continues to be a major operating cost for large northern forestry operations. Monday’s announced extension of this program will assist them in lowering costs, improving productivity and boosting competitiveness. We look forward to continue working with the provincial government to develop policies and programs that support a renewable industry so important to Ontario’s economy,” said Jamie Lim, President and CEO, Ontario Forest Industries Association.
Twin Rivers Appts James Gehrman CEO
Twin Rivers Paper Company Appoints James Gehrman Chief Executive Officer: Twin Rivers Paper Company, a leader in lightweight specialty packaging, label and publishing papers today announced that James Gehrman,currently President, has been appointed as President and Chief Executive Officer (CEO) effective December 31, 2012. He will replace Jeff Dutton who resigned from Twin Rivers Paper Company to accept the role of Senior Vice President at Brookfield Capital Partners. Mr. Gehrman has worked in the paper industry for nearly thirty years. For the past three years, he was Senior Vice President of Sales and Marketing and was appointed President of the Company in March of 2012.
More Than 14,500 Dockworkers Could Strike Sunday
http://www.newsobserver.com/2012/12/26/2565791/more-than-14500-dockworkers-could.html
More than 300 shipyard workers in North Carolina could stop loading and unloading cargo ships as of midnight Saturday, the result of stalled contract talks that threaten to idle more than 14,500 dockworkers at 15 of the nation’s major shipping ports.The strike by the International Longshoremen’s Association, one of the nation’s most successful labor unions, threatens to disrupt the flow of electronics, clothing and other products in and out of the country. If the walkout drags on for weeks, it would force retailers in this part of the country to bring in consumer goods by rail from the West Coast at extra expense. The looming strike follows a breakdown in contract talks last week and would be the first walkout by dockyard workers on the East Coast and the Gulf of Mexico since 1977. With potentially serious economic consequences looming, retail lobbyists and the Republican governor of Florida, a state which has four ports, have asked President Barack Obama to invoke federal powers to force the striking longshoremen back to the waterfront and their lawyers back to the negotiating table if the walkout takes place.
More than 300 shipyard workers in North Carolina could stop loading and unloading cargo ships as of midnight Saturday, the result of stalled contract talks that threaten to idle more than 14,500 dockworkers at 15 of the nation’s major shipping ports.The strike by the International Longshoremen’s Association, one of the nation’s most successful labor unions, threatens to disrupt the flow of electronics, clothing and other products in and out of the country. If the walkout drags on for weeks, it would force retailers in this part of the country to bring in consumer goods by rail from the West Coast at extra expense. The looming strike follows a breakdown in contract talks last week and would be the first walkout by dockyard workers on the East Coast and the Gulf of Mexico since 1977. With potentially serious economic consequences looming, retail lobbyists and the Republican governor of Florida, a state which has four ports, have asked President Barack Obama to invoke federal powers to force the striking longshoremen back to the waterfront and their lawyers back to the negotiating table if the walkout takes place.
US Senators Crack Down On Canadian Trade Practices
http://klobuchar.senate.gov/newsreleases_detail.cfm?id=338166&
U.S. Senators Amy Klobuchar (D-MN) and Susan Collins (R-ME) today urged the administration to crack down on unfair Canadian trade practices in the paper market. In a letter to U.S. Trade Representative Ron Kirk, Klobuchar and Collins, along with a bipartisan group of eight other senators, called on Ambassador Kirk to examine potentially illegal subsidies being provided by the provincial government of Nova Scotia to the Port Hawkesbury Paper (PHP) mill in Nova Scotia. A flood of illegally subsidized paper into the U.S. market would hurt Minnesota’s forest industry, which employs 30,000 people and contributes billions of dollars to the state economy. “Minnesota’s paper industry is a vital part of our state’s economy; supporting numerous jobs and communities across the state,” Klobuchar said.“American firms should not be asked to continue to compete on the unlevel playing created by unfair Canadian subsidies.” “Our state’s paper industry has a long history and remains a major economic engine in rural Maine, directly supporting thousands of good jobs,”said Senator Collins. “At a time when our mills are already struggling to retain jobs, we must protect against unfair Canadian subsidies before lasting damage is done to the U.S. paper industry.” The Port Hawkesbury Paper mill was closed last year due to its previous owners filing bankruptcy. However, current reports indicate that the plant has reopened with assistance from the Canadian provincial government, including grants, loans, and reductions on utility rates and property taxes.
U.S. Senators Amy Klobuchar (D-MN) and Susan Collins (R-ME) today urged the administration to crack down on unfair Canadian trade practices in the paper market. In a letter to U.S. Trade Representative Ron Kirk, Klobuchar and Collins, along with a bipartisan group of eight other senators, called on Ambassador Kirk to examine potentially illegal subsidies being provided by the provincial government of Nova Scotia to the Port Hawkesbury Paper (PHP) mill in Nova Scotia. A flood of illegally subsidized paper into the U.S. market would hurt Minnesota’s forest industry, which employs 30,000 people and contributes billions of dollars to the state economy. “Minnesota’s paper industry is a vital part of our state’s economy; supporting numerous jobs and communities across the state,” Klobuchar said.“American firms should not be asked to continue to compete on the unlevel playing created by unfair Canadian subsidies.” “Our state’s paper industry has a long history and remains a major economic engine in rural Maine, directly supporting thousands of good jobs,”said Senator Collins. “At a time when our mills are already struggling to retain jobs, we must protect against unfair Canadian subsidies before lasting damage is done to the U.S. paper industry.” The Port Hawkesbury Paper mill was closed last year due to its previous owners filing bankruptcy. However, current reports indicate that the plant has reopened with assistance from the Canadian provincial government, including grants, loans, and reductions on utility rates and property taxes.
Cooking Light 1st To Make Every Recipe Scannable
http://www.magazine.org/industry-news/press-releases/member-press-releases/cooking-light-first-magazine-brand-make-every
Cooking Light, the nation’s
leading epicurean brand, today announced that its January/February 2013 issue
will use the Digimarc® Discover platform to digitally watermark all 79 recipes
in the issue, making it the first magazine brand to make every recipe in a
single issue scannable via this technology.
Following the January/February issue, Cooking Light will continue to
make every recipe in every issue scannable and interactive using the Digimarc
Discover platform. Using the Digimarc Discover app, a free download on the
iTunes App Store and Google Play, consumers can use their smartphones to scan
recipe photos to be automatically connected to the recipe page on sister-site,
MyRecipes.com. Once there, they can save
it to their recipe file, share favorites with friends, organize menus, and make
grocery shopping lists. The January/February 2013 issue of Cooking Light is
available on newsstands December 28, 2012.
The End of an Era-The Last (Print) Newsweek
http://adage.com/article/the-media-guy/print-newsweek-covers/238918/
You can grab the final print issue on a newsstand near you.
But you can mark this historic moment online too, of course; start by reading
the oral history of Newsweek compiled by Andrew Romano. oral history of Newsweek compiled by Andrew Romano.
For Magazines, 2012 A Year of Transition
http://www.medialifemagazine.com/for-magazines-another-year-of-transition/
The defining magazine story of 2012, the closure of the print edition of Newsweek, foreshadows what may be the most volatile year for magazines yet. More titles will shift to online-only, and even those that maintain their print editions will look increasingly to circulation and digital advertising to make up for the steep declines in print ads, which show no signs of slowdown. News and celebrity magazines look especially vulnerable, as the web threatens to make their format obsolete. Certainly it’s an alarm that’s been sounded before. But the demise of Newsweek, one of the best-known brands in magazines and one of the biggest to fall victim to the digital stampede, has emphasized the looming problem like never before. The industry is in deep flux. “Although people will always–hopefully–want to read what we now call a magazine, magazines have to stop thinking about themselves in the traditional way and have to start thinking of themselves more as content providers, with the content being distributed on the platform most suitable for the content itself–print, web, tablet, smartphone, etc.,” says Martin S. Walker, chairman at Walker Communications, a print consultancy. In the coming year, magazines will be focusing more and more on furthering their brands rather than simply selling a print product.
The defining magazine story of 2012, the closure of the print edition of Newsweek, foreshadows what may be the most volatile year for magazines yet. More titles will shift to online-only, and even those that maintain their print editions will look increasingly to circulation and digital advertising to make up for the steep declines in print ads, which show no signs of slowdown. News and celebrity magazines look especially vulnerable, as the web threatens to make their format obsolete. Certainly it’s an alarm that’s been sounded before. But the demise of Newsweek, one of the best-known brands in magazines and one of the biggest to fall victim to the digital stampede, has emphasized the looming problem like never before. The industry is in deep flux. “Although people will always–hopefully–want to read what we now call a magazine, magazines have to stop thinking about themselves in the traditional way and have to start thinking of themselves more as content providers, with the content being distributed on the platform most suitable for the content itself–print, web, tablet, smartphone, etc.,” says Martin S. Walker, chairman at Walker Communications, a print consultancy. In the coming year, magazines will be focusing more and more on furthering their brands rather than simply selling a print product.
TJX Acquires Sierra Trading Post
http://www.reuters.com/article/2012/12/21/us-tjx-sierra-idUSBRE8BK0VA20121221?type=companyNews
TJX Cos Inc said it bought Sierra
Trading Post, an off-price Internet retailer, for about $200 million, the
latest brick-and-mortar store to try to attract customers who shop online via
smartphones and tablets. TJX, which sells designer clothing and home goods at lower
prices than department stores, said it expects the acquisition of Cheyenne,
Wyoming based Sierra Trading to add slightly to earnings beginning in fiscal
2014, "but that this impact will not be material to TJX's consolidated
financial statements. "Retailers across the board are boosting their online and
digital presence as they cater to an increasing number of shoppers who use
tablets and smartphones to buy stuff. A glitch-free and dependable internet
presence is now considered as important for sales as a good in-store
experience.
Intelligencer Printing New VP Operations
Intelligencer Printing Brings New Vice President of Operations On Board: Intelligencer Printing, a progressive print, marketing, mailing and fulfillment services company, announces the addition of a new vice president of operations, Joseph Schott, to lead the company forward.“Intelligencer is expanding into new markets, such as our In-line Hybrid Print technology, plus pursuing continued growth and expansion in the imaging, mailing and fulfillment areas.
Predictions for eBooks & Digital Pub In "13
Ten Bold Predictions for eBooks and Digital Publishing in 2013: Another exciting year for the publishing industry is in the books, so to speak. The eBook and digital publishing landscape changed drastically yet again. In 2012, Amazon and other retailers gained control over ebook pricing at three major publishers, ebook revenue growth hit an inflection point, and a parade of non-book-publishing companies entered the ebook business. Nobody saw it coming. Well, almost nobody. A team of publishing experts predicted in late 2011 some of the astounding developments we saw in 2012 for Digital Book World. See their original predictions here. Seeing as though 2012 is just about over, we’ve gathered more publishing experts to predict what extraordinary events are to come in book publishing in 2013.
Mondi Invests In Green Energy Projects
Mondi SCP Invests €128 million in Green Energy Projects at its Mill in Ružomberok, Slovakia: Mondi SCP announced plans to invest €128 million in green energy projects at its Ružomberok mill in Slovakia.This investment includes a new recovery boiler at the mill to increase pulp production, reduce the mill’s environmental footprint and improve the overall cost position. The projects will cover improvements in chemical recovery and green energy and heat production during the pulp production process. “Our objective is to increase pulp production, produce more green energy and further improve our CO2 footprint. The new recovery boiler will be constructed over a two year period with an expected start-up in the fourth quarter of 2014.
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