The McClatchy Company (NYSE American-MNI) announced today that on September 9, 2019, it received a notice from NYSE American LLC ("NYSE American") indicating that the Company is not currently in compliance with certain listing standards, and as noted below, has approximately 18 months to become compliant under a plan that is subject to approval by NYSE American.
Staples Inc., Framingham, Mass., announced that it has named Matt Eckhouse head of Staples Promotional Products and Print as vice president and general manager. Eckhouse, who has been with the company since 2013, takes over for Rich Witaszak, who is no longer with the company.
Families in the Dallas, Georgia area can now experience a remodeled Walmart Supercenter that’s offering customers new ways to save money while living better –and healthier– lives. Located at 3615 Marietta Hwy., the community will celebrate the new store features during a grand opening Friday, Sept. 13, along with the opening of the first-ever Walmart Health center.
The figures for WorldSkills 2019 in Kazan, Russia speak for themselves, showing the importance accorded to vocational training worldwide. Kazan, situated 720 km to the east of Moscow, welcomed over 1,350 young skilled workers – the highest number yet – from 63 countries competing in a total of 56 disciplines in the 45th WorldSkills competition from August 22 to 27, 2019. The breathtaking opening ceremony in the specially built “Kazan Expo International Exhibition Centre” was in a league of its own, topped only by the closing ceremony in front of 35,000 guests. Russian President Vladimir Putin acknowledged the achievement and significance of WorldSkills in his speech.
Flint Group Narrow Web, Flint Group Image Transfer Solutions, and Xeikon (a member of Flint Group Digital Printing Solutions) will demonstrate for customers its advanced offerings at Labelexpo Europe 2019. Xeikon Prepress and Flint Group Flexographic will share the details of the expanded ThermoFlexX brand across all products. This offering builds on the success of ThermoFlexX digital imagers and Woodpecker Nano screening technology and the flexographic plate, nyloflex.
Sun Chemical today announced that it has signed an exclusive agreement with the innovative German printing inks manufacturer Epple Druckfarben to combine their resources to make Epple’s class-leading series of sheetfed offset inks for direct food contact, BoFood® Organic, available to a global audience. BoFood Organic is a worldwide patented sheetfed offset ink for printing on the inside of folding carton food packaging, also allowing direct food contact. All the raw materials used in the manufacture of the ink have been approved for use in foodstuffs.
By Chris Yuhasz, POV Solutions Nonprofit customers depend so much on their end-of-year donation campaigns that it’s hard to overstate just how crucial this time of year is. And there are some pretty compelling numbers to illustrate just what I’m talking about.
Cascades (TSX: CAS), a leader in the recovery and manufacturing of packaging and tissue products, today completed the previously announced acquisition of Orchids Paper Products assets. As mentioned in the July 1 st press release, Cascades made the acquisition for a cash consideration of US$207 million. The assets include the Barnwell, South Carolina, and Pryor, Oklahoma operations, as well as certain other assets, including amended supply and other commercial arrangements with Fabrica de Papel San Francisco, S.A. de C.V. ("Fabrica"), based in Mexicali, Mexico, and certain of its affiliates.
Due to a lower pace in the initial start-up of the new board machine at Gruvön, the effect on the result in the third quarter is adjusted by approximately SEK 150 million. The effects in the fourth quarter and the full year 2020 are expected to be unchanged. The machine is still expected to make a positive contribution to EBITDA in 2021.
Metsä Board, part of Metsä Group, has started a new paperboard sheeting line at its Äänekoski mill in Finland. The investment was earlier announced in a press release on 15 November 2018. The new line will increase the annual capacity of the sheeting plant by 35,000 tonnes to a total of 120,000 tonnes. The value of the investment was EUR 11 million. The new sheeting line will enable quicker deliveries to Metsä Board customers.