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
21Jun 18
Barnes & Noble Reports Fiscal 2018 Year-End Financial Results
Total sales were $786 million for the quarter and $3.7 billion for the full year, decreasing 4.3% and 6.0% over the prior year periods, respectively. Comparable store sales declined 4.1% for the fourth quarter and 5.4% for the full year. The consolidated fourth quarter net loss was $21.1 million, or $0.29 per share, compared to a loss of $13.4 million, or $0.19 per share, in the prior year. Fourth quarter results include $7.7 million of non-recurring charges associated with the Company’s strategic initiatives. The fiscal 2018 consolidated net loss was $125.5 million, or $1.73 per share, compared to net earnings of $22.0 million, or $0.30 per share, in the prior year. Fiscal 2018 results include non-cash asset impairment charges of $135.4 million, $16.2 million of severance charges and $15.3 million of strategic initiative costs. Click Read More below for additional information.
21Jun 18
International Paper Announces Senior Leadership Appointments
International Paper announced that Timothy S. Nicholls has been appointed Senior Vice President and Chief Financial Officer, succeeding Glenn R. Landau who is leaving the company for personal reasons. Mr. Nicholls, who currently serves as Senior Vice President - Industrial Packaging the Americas, previously served as Chief Financial Officer of the Company from December 2007 through November 2011. The Company also announced that Jean-Michel Ribiéras, currently Senior Vice President - Global Cellulose Fibers, has been appointed Senior Vice President - Industrial Packaging the Americas, succeeding Mr. Nicholls, and that Catherine I. Slater has been appointed Senior Vice President - Global Cellulose Fibers. All appointments are effective immediately. Click Read More below for additional information.
21Jun 18
ANDRITZ to supply recovery boiler and pre-evaporation system to Smurfit Kappa Nettingsdorf in Austria
International technology Group ANDRITZ has received an order from Smurfit Kappa Nettingsdorf, part of the Smurfit Kappa Group, to supply a HERB recovery boiler and a pre-evaporation plant for its mill in Nettingsdorf, Austria. The new investments are part of the company’s Future Energy Project, which involves the implemention of sustainable energy initiatives at the Nettingsdorf mill. Start-up of the pre-evaporation plant and the new recovery boiler is scheduled for mid-2019 and mid-2020, respectively. In addition to reducing emissions, the new HERB recovery boiler will produce more electricity than a traditional one. Click Read More below for additional information.