After more than 100 years in business, Midland has grown from a single Midwest location to a national company with offices from coast to coast.
This type of growth requires relentless effort and a continual focus on doing things right.
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Recent Paperclips Industry News
16Jan 19
Steve Lacy To Retire As Executive Chairman Of Meredith Corporation
The Meredith Corporation Board of Directors announced that Executive Chairman Stephen M. Lacy will retire from the company on March 31, 2019, following his 65th birthday on March 20, 2019, in line with Meredith's historical practices. At the same time, the Board announced that Lacy will continue to serve as Chairman of the Board – a position he has held since 2009 – in a non-executive capacity. "The actions announced by the Board today are in keeping with Meredith's long-standing and highly successful succession planning practice, one that has been in place for 50 years," said Meredith Board of Directors Vice Chairman Mell Meredith Frazier. "I want to congratulate Steve and thank him for his 20+ year tenure at Meredith, and look forward to his continued leadership as Chairman of our Board." Click read more below for additional detail.
16Jan 19
Pearson January Trading Update (Unaudited)
Pearson, the world’s learning company, is providing an update on full year 2018 trading and giving preliminary guidance for 2019. Full year results will be announced on 22 February 2019. Highlights: Underlying profit growth driven by continued strategic progress in 2018. Expect to deliver adjusted operating profit of £540m-£545m for 2018, in line with guidance of £520m to £560m. Adjusted earnings per share of 70.0p-71.0p reflecting one-off tax benefits and a lower finance charge as disclosed in Pearson’s Q3 trading update. Total underlying revenues were down 1% year on year, with declines in US Higher Education Courseware (US HECW) of 5% and US K12 courseware largely offset by the rest of the business growing in aggregate at over 1%. Revenue in North America declined 1%, Core was flat and Growth was up 1%. Strong balance sheet with closing net debt at 31 December 2018 expected to be around £200m (2017: £432m). Click read more below for additional detail.
16Jan 19
Berry Joins New Global Alliance to Help End Plastic Waste in the Environment
Berry Global Group, Inc. proudly announces they have joined the Alliance to End Plastic Waste as a founding member. This new organization is currently comprised of 27 companies and is making an initial five-year, $1.5 billion commitment to invest in solutions to eliminate plastic waste in the environment. “This Alliance is different from other organizations in that it spans the value chain. Brand owners, plastic resin producers, chemical companies, converters like ourselves, as well as waste management companies and recyclers, all aligned towards a common goal of how we ultimately end plastic waste,” said Tom Salmon, Chairman and CEO of Berry Global Group, Inc. In addition to the Company’s efforts with the Alliance, Berry also partners with key organizations to encourage recycling as well as internal efforts to improve product recyclability and increase offerings with recycled content. Click read more below for additional detail.