Georgia-Pacific’s Naheola, Alabama, mill is set to receive an investment of more than $120 million for a new tissue machine and roll storage building to support the company’s retail bath tissue business. While the new tissue machine will replace two older machines, it will increase capacity and support new tissue converting lines that are currently being started up at the mill. These latest investments continue the modernization of the Naheola mill, which includes ongoing construction of a new biomass boiler and woodyard. “This is a great day to celebrate for our employees, the Naheola mill community and most importantly for our current and future customers,” said Kathy Walters, Group President – Georgia-Pacific Consumer Products Group. “All of these stakeholders benefit from these investments to make the Naheola mill a modern and competitive operation.” Click Read More bellow for additional information.
2018 results show the importance of investing in mobile advertising and optimizing Product Listing Ads, which are key conversion generators. When it comes to social media, use data from many sources to build a cohesive social strategy, constantly feeding data in and out and continuously evaluating ads for improvements. When planning your social media strategy, consider how social interacts with your other advertising channels. An omnichannel mindset ensures that every area of your social media investments are accounted for and planned to be as complementary as possible. Click Read More bellow for additional information.
•First new high-speed automated Koenig & Bauer-Iberica die cutter at its Ontario facility becomes key post-press machine •Ingersoll operators love its ease-of-use and service support •Capital investment improves speed, throughput, and turnaround for its pharmaceutical, consumer goods and food packaging customers. As Ingersoll Paper Box Co Limited nears its century mark of proudly being in the folding carton business, this 97-year-old Canadian firm continues to invest in the latest technology to maintain its strong growth. A few years ago the firm increased its print output with the addition of a Koenig & Bauer Rapida 106 seven-color 41-inch fully-automated printing press—the first of its kind in North America. Fast-forward to today and Ingersoll has opted for another Koenig & Bauer model for its post-press department---a new high-speed Koenig & Bauer-Iberica Optima 106K die cutter, which was operational in January. “When we installed the Koenig & Bauer Rapida 106 41-inch seven color press, it gave us added capabilities, faster production speeds, and broadened our customer base,” says IPB president Sarah Skinner. “We produce billions of custom boxes of packaging for customers in such industries as pharmaceutical, consumer goods and food packaging—all with a commitment to quality control and continuous improvement." Click Read More bellow for additional information.
In mid-April, Sappi is launching its new Atelier paperboard, developed under the motto “brilliance meets function”. The special feature of the new GC1 board lies in its unrivalled combination of visual and physical features. Atelier combines a large specific volume with a high stiffness, as well as a high surface quality with a unique 100-percent brightness. The folding boxboard GC1 is offered in grammages ranging from 240 to 350 g/m2. In order to increase the advertising effectiveness of their products, brand owners develop packaging that appeals to all of their potential buyers’ senses. With Atelier, Sappi is offering its customers a folding boxboard (GC1) that opens up all-new possibilities in packaging design. It distinguishes itself with maximum whiteness and purity, as well as a high print gloss, combined with a silky-matt feel and appearance. The finishing properties are manifold: whether film lamination, cold foil transfer, UV varnishing or flocking – anything is feasible. Atelier can be printed using offset, flexographic, or screen methods. Click Read More bellow for additional information.
Sealed Air Corporation announced it has signed a definitive agreement to acquire Automated Packaging Systems, Inc., a leading manufacturer of high-reliability, automated bagging systems, for a purchase price of $510 million on a cash and debt free basis. APS provides full flexible packaging systems, including industry leading equipment, sustainable materials and technical services. Known for inventing Autobag® bagging machines and pre-opened bags on a roll, APS also offers three recycled film solutions under the EarthAware® brand. Founded in 1962 with headquarters in Streetsboro, Ohio, APS employs more than 1,200 people, serves customers in over 60 countries and operates seven manufacturing sites in the U.S. and U.K. In 2018, APS generated $290 million in sales, an increase of approximately 10% year-over-year. Click Read More bellow for additional information.
In the first quarter, Sealed Air created profitable growth on a constant dollar basis against macro headwinds and a tough year over year comparable. Food Care first quarter net sales of $680 million decreased 2% as reported. Currency fluctuations had a negative impact on Food Care net sales of 6%, or $40 million. On a constant dollar basis, net sales increased 3%, with favorable price of 3% and a 40 basis point increase in volume. Food Care delivered favorable volume trends across all regions with the exception of EMEA. Product Care first quarter net sales of $433 million decreased less than 1% as reported. Currency fluctuations had a negative impact on Product Care net sales of 3%, or $13 million. On a constant dollar basis, net sales increased 2%, including 6%, or $26 million, from acquisitions and 1% on favorable pricing. Volume declined 4% predominately in North America and APAC due to a tough year over year comparable and a more challenging industrial sector. Click Read More bellow for additional information.
John Mullinder started his journalistic career in New Zealand before emigrating to Canada in the mid-1980s. Over the past 27 years, Mr. Mullinder has led a national environmental council for the country’s paper packaging industry. Frustrated by encounters with people who knew so little about forestry and paper production but had plenty of opinions about killing and saving trees, John was compelled to write a book called, Deforestation in Canada and Other Fake News. “Many people believe that cutting down trees is deforestation and the emotional image they associate with this is an ugly clear cut,” states Mr. Mullinder. “I debunk these myths with hard facts, well-documented evidence, references and real images of deforestation.” Deforestation is often incorrectly defined and associated with the forestry products industry. In reality, deforestation is defined as the permanent destruction of forests to make the land available for other uses. One reason Mr. Mullinder chose to show an agricultural scene on the cover of his book is to point out that the primary causes of deforestation are due to agriculture, oil and gas projects, and urbanization. Click Read More bellow for additional information.
For the first quarter of 2019, the Company reported an operating loss of $69.9 million, an improvement of $9.2 million from the operating loss of $79.1 million reported for the fourth quarter of 2018. The modest increase in financial performance reflected improved operating earnings for the pulp and paper segment and one month of Vida earnings following the closing of this acquisition on February 28. Results in the pulp and paper segment reflected improved production and shipments, which more than offset the impact of lower US-dollar pulp prices to China. Notwithstanding previously announced kiln-related operational disruptions at two of Canfor Pulp Product Inc.’s (“CPPI”) Northern Bleach Softwood Kraft (“NBSK”) pulp mills in January and challenges associated with severe winter weather, pulp production was up 22% from the previous quarter, largely as a result of significant downtime taken at CPPI’s Northwood pulp mill in the comparative period to perform repairs to one of its two recovery boilers. Click Read More bellow for additional information.
Barnes & Noble, Inc. announced the launch of the new Barnes & Noble Young Adult (YA) Book Club, a national monthly book club designed to bring together young adult readers to discuss some of the most anticipated YA books being published. To kick-off the book club, Barnes & Noble is announcing three exciting debut authors for discussion this summer. The free YA Book Clubs will be held the second Thursday of each month at the Company’s stores nationwide, led by expert booksellers, and featuring special in-store promotions and giveaways, while supplies last. “We’ve gotten strong demand from our customers to host YA Book Clubs in our stores,” said Stephanie Fryling, Vice President of Merchandising, Children’s Books. “That’s why we are so excited to select books every month written specifically for YA readers and invite fans to meet and discuss these great stories in communities around the country.” Click Read More bellow for additional information.