J.D. Irving Limited’s (JDI) partnership with Natural Resources Canada's Canadian Forest Service has led to the commercial development of advanced tree breeding, field testing and seedling production techniques. Maritime Innovation, JDI's new lab in Sussex, New Brunswick was designed to use advanced seedling production technologies based on selection from our native tree population for a range of high value traits such as fast growth rate, high wood quality, resistance to insects and disease and broad adaptation to climate change. A propagation method called Somatic Embryogenesis is used to produce large numbers of seedling from a broad range of genetically diverse trees which have been field tested across the region.
Cascades announces today the launch of Tandem ® + Nano ™ , the small footprint, no touch hand towel dispenser, which is the latest addition to the popular Tandem+ towel and tissue dispensing systems line. The Tandem+ Nano roll towel dispenser is engineered as a hygiene solution fitting smaller, away-from-home spaces like doctors' offices, nurses' stations, classrooms and food preparation areas. Tandem+ Nano is the ideal substitute to folded towels, cutting down on paper usage by more than 40 percent. Like all Tandem+ products, it is ergonomic, easy to use, and provides reliable dispensing for Cascades natural and ultra-white paper towels made from 100 percent recycled fiber.
National Average Price for Regular Unleaded: Current: $2.783 Month Ago: $2.738 Year Ago: $3.684 National Average Price for Diesel: Current: $2.852 Month Ago: $2.886 Year Ago: $3.905
American Dollar to Canadian Dollar = 0.809319 American Dollar to Chinese Yuan = 0.161048 American Dollar to Euro = 1.120067 American Dollar to Japanese Yen = 0.008091 American Dollar to Mexican Peso = 0.064323
Brent crude for August was down 4 cents at $63.16 a barrel by 7.15 a.m. EDT after ending the previous session down 29 cents. U.S. crude was down 19 cents at $59.51 a barrel after finishing Thursday down 57 cents.
In the best-supported joint annual industry Capitol Hill Fly-In to date, cohosts NPES and Printing Industries of America, together with key sponsor associations, brought over 50 leading printing industry executives to Washington, D.C., June 2-3, 2015, for PRINT’S VOICE 15, where they addressed top graphic communications industry business concerns directly with their elected representatives in Congress and the Executive Branch. PRINT’S VOICE 15 participants, including industry executives and association leaders, contacted 80 congressional offices, up 13% from last year; of these contacts 28 were the elected officials themselves, 33% more than in 2014. Additionally, the group engaged with members of the Obama Administration, as well as recently appointed U.S. Postmaster General Megan Brennan.
Meredith Agrimedia, the leading marketing and media partner for the U.S. agricultural community, today announced it will launch its flagship Successful Farming brand in Brazil, one of the world's largest producers of agricultural products. This represents the first international relationship for Meredith Agrimedia (www.meredithagrimedia.com), which is owned and operated by Meredith Corporation (NYSE: MDP; www.meredith.com). Successful Farming and www.agriculture.com will launch by October 2015 in the Portuguese language as part of a joint venture with Spring Media Group, one of Brazil's leading media companies.
Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., today announced that IWCO Direct, a nationally recognized and leading provider of direct marketing solutions, is the first U.S. company to install the new Océ VarioPrint® i300 and Océ ImageStream™ 3500 inkjet technologies. The two game-changing products were unveiled for the very first time during Canon Solutions America’s Future of Inkjet Customer Event held in Minnesota on June 24, 2015. The installations come at a pivotal time in the industry as the inkjet revolution continues to gain momentum. Through a relationship that has yielded successful results and forward-thinking innovations, the two industry giants have fostered a partnership that’s been mutually beneficial for nearly a decade. These latest installations serve as evidence that the future of inkjet begins with Canon Solutions America, IWCO Direct, and other companies embracing the newest technology advances.
A bill to modify state valuations for Skowhegan, Madison and two other towns to reflect the loss of local paper mills’ value has cleared hurdles in the Maine House of Representatives and Senate, but has a long road ahead before final passage. Hanging in the balance are millions of dollars in local property taxes and potentially higher tax rates, as the struggling paper industry also faces the prospect of layoffs because of a challenging market environment. The bill’s primary sponsor, Rep. Jeff McCabe, D-Skowhegan, and co-sponsor Sen. Rod Whittemore, R-Skowhegan, both said Wednesday they are trying to ensure passage of the measure, which would refresh the state’s valuation of the four towns immediately and allow adjustments to state revenue sharing and general purpose aid for schools.
The fourth quarter and full-year ended May 2, 2015, consisted of 13 weeks and 52 weeks, respectively, as compared to 14 weeks and 53 weeks in the prior year. Comparable sales data in this release exclude the impact of the additional week in fiscal 2014 and are on a comparable week basis. Fourth quarter consolidated revenues decreased 10.4% to $1.2 billion versus the prior year. Consolidated fourth quarter earnings before interest, taxes, depreciation and amortization (EBITDA) improved to $33 million, as compared to $11 million in the prior year. For fiscal 2015, consolidated revenues decreased 4.9% to $6.1 billion versus the prior year. Fiscal 2015 consolidated EBITDA increased 30.4% to $327 million, as compared to $251 million a year ago