American paper companies have imposed a 20% duty on coated paper from the Port Hawkesbury Mill in Nova Scotia, while Irving Paper in New Brunswick and Catalyst Paper of Britsh Columbia have had a 18% tariff imposed. North Pacific Papers of Washington State has also filed for countervailing duties on Canadian uncoated groundwood paper from Canada. The Hawkesbury mill won on appeal in its first round with the NAFTA panel. The U.S. has until mid-summer to appeal that decision, while other cases are being appealed by both the Canadian Federal and Provincial governments. During a recent rally in Phoenix Arizona, U.S. President Donald Trump said the U.S. will “probably” terminate NAFTA because he doesn’t think a deal can be made. His comments come about a week after re-negotiation talks began. The U.S. has also formally demanded that the Chapter 19 dispute resolution panels favoured by Canada be scrapped. In the past, the majority of its decisions have been won by Canada. Ottawa has promised to walk away from the talks before it accepts a NAFTA without these panels. The first round of NAFTA talks held recently failed to bridge the differences between Canada, the USA and Mexico, and left little signs of any real compromises. Next month, Mexico will host the second round of talks from September 1-5. Talks will then move to Canada later in September and return to the United States in October.
We are inviting PRINT 17 show attendees to check out our FREE materials and help themselves. Several of our member companies will be displaying these popular informational and promotional materials about paper and print from Two Sides: •Going Paperless May Not be Greener – 11 x 17 color infographic (printed by Ricoh USA) •Busting Myths About How Paper is Made – 11 x 17 color infographic (paper donated by Domtar and printed by Konica Minolta Business Solutions) •Myths and Facts brochure (paper and printing by Appleton Coated) •Two Sides printed newsletter – The Page – with the latest progress updates and accomplishments (printed by Konica Minolta Business Solutions) •Two Sides Membership Brochure – Learn more about Two Sides and our member benefits (printed by Canon Solutions America) Click Read More below for additional detail.
The Stevens Group, Elmhurst, Ill., a full-service print management and marketing support company, has acquired Crystal Lake, Ill.-based CL Graphics., a printing and cross-media marketing firm. CL Graphics’ operations will be integrated into The Stevens Group’s Elmhurst facility. Graphic Arts Advisors, LLC, a strategic financial advisory and consulting firm devoted exclusively to all sectors of the graphic communications industry, represented CL Graphics in the acquisition. Graphic Arts Advisors Director Mitch Evans served as lead advisor on this sale. CL Graphics’ commitment to providing the highest level of customer service aligns well with our culture, making this acquisition a very positive move for our company,” says John Brahm, president of The Stevens Group. “Our combined expertise in marketing and production will help further enrich the solutions we provide to clients. What’s more, CL Graphics’ extensive experience in direct mail will help broaden our already comprehensive mailing services.” Click Read More below for additional detail.
Wall Street Journal's Hong Kong edition will no longer be distributed after October 7 as the paper is moving to a digital only strategy. This is part of the paper's continued effort to scale back its print operations in Europe and Asia as it shifts savings and focus to digital. Luckily for the Wall Street Journal, digital has been on the rise with 1.27 million daily digital subscribers which is more than print subscribers. Click Read More below for more of the story.
L Brands, Inc. reported net sales of $842.1 million for the four weeks ended Aug. 26, 2017, a decrease of 1 percent, compared to net sales of $852.9 million for the four weeks ended Aug. 27, 2016. Comparable sales decreased 4 percent for the four weeks ended Aug. 26, 2017. For August, the exit of the swim and apparel categories had a negative impact of about 2 percentage points and 3 percentage points to total company and Victoria’s Secret comparable sales, respectively. The company reported net sales of $6.034 billion for the 30 weeks ended Aug. 26, 2017, a decrease of 5 percent compared to net sales of $6.356 billion for the 30 weeks ended Aug. 27, 2016. Comparable sales decreased 8 percent for the 30 weeks ended Aug. 26, 2017. Click Read More below for additional detail.