Paper Distributor & Packaging Supplier
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.
We bring the best products, the best people and the best service to all of our customers in all of our business segments. Play the video to see how we do it.
Services
Featured Products
Recent Paperclips Industry News
01Dec 23
Mativ Announces Completion of Sale of Engineered Papers Business
Julie Schertell, CEO of Mativ, commented, “We are very pleased with the completion of the sale of Engineered Papers. They have a great team and strategy in place for a successful future. For Mativ, this is an important part of unlocking our strategy to become a leading manufacturer of specialty materials. As we head into 2024, over 80% of our revenue will be from our Advanced Technical Materials segment, where we have strong positions in large, growing, profitable markets.” The net impact of the transaction on Mativ’s debt is expected to be a reduction of more than $600 million, which equates to approximately 35% of Mativ’s outstanding debt balance as of the end of the third quarter, and is subject to customary post-closing adjustments. This debt reduction is expected to be effective early December 2023. “This transaction fully aligns with our commitment to continued debt reduction and operational focus in attractive markets that accelerate our growth and expand our margins,” stated Schertell. “It marks a key milestone in the transformation of Mativ and aligns with our strategy to focus our efforts, accelerate growth, and drive value for our shareholders.”
01Dec 23
Pulp and Paper Manufacturing – Water Quality Explained
It’s important that the use of water to make products doesn’t result in contamination of waterways. Pulp and paper manufacturing requires a large amount of water, and facilities are often located near rivers or lakes to be close to a good water supply. Once the water is used in the process, it is treated in an effluent treatment plant, and regulatory standards have been established to ensure that the final discharged effluent meets government environmental regulations for the protection of waterways. EPAT provides water quality data, such as TSS, COD, BOD and AOX, to its users and they can be especially useful to buyers of paper-based products who are tracking the environmental performance of their paper or packaging suppliers.
01Dec 23
Ulta Beauty Announces Third Quarter Fiscal 2023 Results
Third Quarter of Fiscal 2023 Compared to Third Quarter of Fiscal 2022 *Net sales increased 6.4% to $2.5 billion compared to $2.3 billion, primarily due to increased comparable sales, strong new store performance, and strong growth in other revenue. *Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 4.5% compared to an increase of 14.6%, driven by a 5.9% increase in transactions and a 1.4% decrease in average ticket. *Gross profit increased 3.0% to $992.1 million compared to $962.8 million. As a percentage of net sales, gross profit decreased to 39.9% compared to 41.2%, primarily due to lower merchandise margin, higher inventory shrink, and higher supply chain costs, partially offset by strong growth in other revenue. *Operating income was $327.2 million, or 13.1% of net sales, compared to $361.9 million, or 15.5% of net sales. *Net income was $249.5 million compared to $274.6 million.