Printing Impressions' Upfront commercial printing industry news for August 2008.
Twin Rivers Paper
TORONTO—Specialty packaging and printing paper producer Fraser Papers has sought out bankruptcy protection in the United States and Canada. Fraser and its subsidiaries have initiated a court-supervised restructuring under the Companies' Creditors Arrangement Act in Canada and will be seek similar relief under Chapter 15 of the U.S. Bankruptcy Code. Fraser will continue its routine business operations.
LIVONIA, MI—Valassis Communications has filed a countersuit against Fraser Papers in district court in Maine. Earlier, Fraser had taken Valassis to court over an alleged unpaid bill for 1.8 million pounds of specialty paper valued at $933,000. In Valassis' countersuit, the printer contends it has not paid the amount allegedly due Fraser because of an earlier outstanding debt owed by Fraser to Valassis for defective paper.
TORONTO—Fraser Papers has taken Valassis Communications to court, seeking payment for 1.8 million pounds of specialty paper manufactured at Fraser's Madawaska, ME, plant and shipped to a Valassis facility in North Carolina, according to the Bangor Daily News. The breach-of-contract suit seeks $933,000 for paper delivered this past spring. Fraser also seeks costs and prejudgment interest. A Valassis spokesperson could not be immediately reached for comment.
Donnelley Lobbies Washington CHICAGO—RR Donnelley plunked down $485,044 during 2007 to lobby the federal government on environmental policy issues, according to an Associated Press report. The information was posted online by the U.S. Senate’s public records office. Under federal law, lobbyists are required to disclose activities that could influence members of the executive and legislative branches. Tech Valley Closes Its Doors WATERVLIET, NY—Citing economic difficulties, Tech Valley Printing notified the New York State Department of Labor that it was laying off 50 workers, then closed its doors on February 8. According to the Schenectdady (NY) Daily Gazette, the printer had been active in the
GORHAM, NH—Fraser Papers plans to curtail production of commodity freesheet paper grades on paper machines 13 and 14 at its mill here. The indefinite shutdown will begin April 13. Production on machine 12 was suspended in late 2007. Toronto-based Fraser will continue to operate two of its five machines in Gorham that produce specialty printing…
Milestone Printing Unit Celebrated Radebeul, Germany—KBA North America reports that the 100th Rapida printing unit of the super large-format series was put through its final print testing at the KBA plant here recently. The unit is part of the five-color Rapida 205 purchased by Integra-Color in Mesquite, TX. The 80˝ sheetfed press has been configured with a special board-handling package and is also to be equipped with UV facilities for printing on plastics. It also incorporates an ICS slitter system and non-stop pile changing for the feeder and delivery. Reseller Agreement Inked at Trade Show CHICAGO—During PRINT 05, Muller Martini and Kodak signed a reseller
BY MARK SMITH Technology Editor Experience has taught printers to error on the side of caution when it comes to managing paper. Any tendency toward overreacting is understandable, given how essential this raw material is to the process. It's easy to imagine the sense of helplessness from having a press sit idle or turning away business for want of paper. The critical role of paper helps explain much of the past volatility in the marketplace. In recent years, paper buyers and suppliers have both taken steps to instill more stability and rationality in the market, and there were some indications of this