Resolute Forest Products and the World Wildlife Fund are pleased to announce that Resolute has become the largest manager of Forest Stewardship Council (FSC) certified forests in the world. The total area of Resolute-managed FSC-certified forests in North America is now 10.3 million hectares.
Diversification has served UniGraphic Inc. well during arguably the most difficult economic period in the printing industry since the Great Depression. It is bullish on the future of all things large following the acquisition of two big-bodied inkjet printers.
Catalyst Paper announced that it did not receive the necessary creditor approval for its amended plan of arrangement under the Companies' Creditors Arrangement Act.The company is now required to commence a sale transaction in accordance with certain court-approved sale and investor solicitation procedures.
Dear Franchisee: We know what we are doing. Our model gets results when you follow it. Instead, you have decided to go it alone. You make excuses for your lack of participation and tell us we don’t understand “your unique set of circumstances.”
One-third of the year has flown by. Assuming that you crafted a business plan for 2012, it is a good time to rethink your plans for the balance of the year. If the year is not living up to expectations, this is a good time to figure out why and what to do about it.
As an Association Professional, I am dealing with business owners and their employees every day. I hear their hopes and fears, triumphs and woes. I am often asked how belonging to the association will bring them more business.
Mohawk will launch Project Streamline, a strategic consolidation of its core paper lines, taking 22 paper grades (brands) down to six. The company will focus its manufacturing exclusively on high-margin papers and products that will bring distinct value to the new generation of print customers.
Thomas Rabe, who took over as CEO of Bertelsmann this year, said the company was looking for ways to accelerate its move into digital businesses and developing economies. While Bertelsmann’s portfolio includes the publisher Random House and the developer of international television hits like “Who Wants to Be a Millionaire,” 80 percent of the company’s revenue comes from slow-growing Europe.
“Clearly if we are going to make more strategic and sizable investments, then more capital will be required,” Rabe said during an interview in Berlin.
Rabe said an initial public offering was only one of several capital-raising options being considered by Bertelsmann.
Don Johnson won a total of $15 million playing Blackjack at three Atlantic City casinos. In the casinos’ desperation to get him in the door, they essentially gave him 50/50 odds. I know an empty press schedule is scary, but like the casinos, we printers need to keep track of the numbers and verify them for ourselves before we, like the casino managers, walk off the cliff like lemmings.
The agreements include a 10-percent reduction in hourly rates along with various adjustments to vacation, health benefits and work rules to provide Catalyst with a competitive labor cost structure. They cover more than 1,000 workers at its Crofton, Port Alberni and Powell River mills.
