Charges Against Dunn Dropped
SANTA CLARA, CA—Former Hewlett-Packard board Chair Patricia Dunn will avoid jail time and community service after a judge dropped fraud charges that had been leveled in the company’s boardroom spying scandal, the Associated Press reported. Dunn and three other defendants pled no contest to misdemeanor charges of fraudulent wire communications. Community service was waived because Dunn has cancer.
Jacobson Leaving Kodak
ROCHESTER, NY—Jeff Jacobson, a vice president for Eastman Kodak and the COO for its Graphic Communications Group, announced he will step down from his post at the end of April. Jacobson announced his intention to leave under the terms of a two-year agreement that took effect upon the acquisition of Kodak Polychrome Graphics.
MO Moves Against Ad Inserts
JEFFERSON CITY, MO—The inclusion of advertising inserts with license plate renewal notices in the state of Missouri may stop after the state Senate voted for an amendment that would disallow the practice. The Missouri Department of Revenue started including ad inserts with the plate renewal notices in 2006, according to the Jefferson City News Tribune. In allowing the ads to be sold and inserted into the mailings in exchange for free printing, the state saved $750,000 a year.
Neenah Closes Fox Facility
ALPHARETTA, GA—Neenah Paper has decided to permanently close one of the fine paper plants it acquired in the purchase of Fox River Paper. Operations will cease at the Housatonic mill in Great Barrington, MA, at the end of the second quarter. Annual savings of about $5 million are expected from the elimination of fixed costs and increased manufacturing facilities.
Quebecor Nets Book Pact
MONTREAL—Quebecor World has reached terms on a multi-year contract extension with Harlequin Enterprises for the printing of mass-market paperback books. Terms of the deal were not disclosed. Quebecor World produces approximately 145 million paperback books (roughly 44 billion pages) annually for Harlequin and its imprints, Mira and Silhouette.