LSC Communications Further Consolidates Magazine Printing Market with Publishers Press Acquisition

The publication printing industry in North America continues to consolidate, and LSC Communications is leading the charge. Following on the heels of its July 17 acquisition of Creel Printing, Chicago-based LSC Communications announced today that it has acquired Publishers Press, a family-owned printing and digital solutions provider based in Lebanon Junction, Ky. It brings an end to the stewardship of Publishers Press and its predecessor entities by five generations of the Simon family, whose roots go back to 1866 when Nicholas Simon purchased an interest in a new German newspaper in Louisville, Ky., which later became known as "The Printing Rooms of Nicholas Simon."
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Xerox Offers Solutions that Connect the Physical and Digital Worlds at PRINT 17

How can today’s commercial printers bridge the physical and digital worlds through innovative solutions in printing technology, workflow software and personalization? The answers will be on display at the Xerox booth at PRINT 17. “Xerox is focused on innovations that give our customers the tools they need to grow their business and succeed in the competitive graphic communications market,” said Andrew Copley, president, Graphic Communications Solutions, Xerox. “With the speed and enhanced inline finishing capabilities of the new Versant® 3100, businesses can lower costs and turn around jobs faster; with our latest ink innovations, they can save substantially by printing directly from inkjet to offset coated stocks; and with brilliant highlights of white, dry ink they can deliver exceptional marketing materials. What attendees see at PRINT 17 from Xerox sets us apart from the competition.”
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InPrint USA to Host Inaugural Industrial Inkjet Conference

InPrint USA, the Industrial Print Show, will host the first Industrial Inkjet Conference May 1-2, 2018 at the Palmer House Hilton in Chicago. The conference will showcase how inkjet technologies are transforming the manufacturing sector and will educate attendees on the opportunities and challenges in inkjet printing for industrial applications. The inaugural InPrint USA exhibition, held last April in Orlando, connected manufacturers who use print as a key component of the manufacturing process with leading brands in the fields of industrial specialty, screen, digital, inkjet and 3D technology print solutions.
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First Installation of RMGT 10 Series Press Powered by LED-UV in Chicago

In late September 2017, the first RMGT 10 Series Press powered by LED-UV curing and featuring a full suite of RMGT makeready and print quality technology, will be installed at VISOgraphic’s 40,000-sq.-ft. facility based here. When Chicago area commercial, digital and packaging printer VISOgraphic began its search for the new 40” offset printing press that would propel them through the growth spurt they are experiencing, the RMGT 10 Series really wasn't on its radar. However, after several meetings and visits to key RMGT customers in the Midwest, the decision to move ahead with RMGT was made by the VISOgraphic management team.
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CannedWater4Kids, INX Team Up to Support Hurricane Harvey Relief Efforts

CannedWater4Kids (CW4K) and INX International Ink Co. have joined forces to send a rush delivery of drinking water to help in the Hurricane Harvey disaster relief efforts. A truckload of 52,800, 12-ounce cans of fresh, purified water is scheduled to arrive today at a Red Cross Distribution Center near Houston. Hurricane Harvey made landfall for the first time on August 25 and landed a devastating blow to the Gulf Coast of Texas. A multiple-day event, the Category 4 storm with 130 mph winds was the most powerful hurricane to hit the US in more than a decade. Damage caused by the high winds, torrential rains and record flooding displaced more than 30,000 people and prompted more than 17,000 rescues.
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Sun Chemical Working to Assess the Market Impact of Devastation Caused by Hurricane Harvey

Due to the unprecedented impact and devastation in the wake of Hurricane Harvey, several of Sun Chemical’s feedstock suppliers have announced a force majeure and many other raw materials suppliers are reviewing allocations. While the volatility of the supplier markets is unknown at this point, the inks and pigments markets will be affected. Sun Chemical is committed to working closely with its suppliers to assess global ramifications, develop needed contingency plans, and to notify customers of potential delays or issues.
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Sappi to Present Innovative, Sustainable Paper Packaging Solutions at Pack Expo Las Vegas

Sappi Limited, a leading producer and supplier of diversified paper and packaging products, will be showing its full range of speciality and packaging grades at the 2017 Pack Expo Las Vegas September 25-27, 2017. Sappi is committed to offering customers high-quality, innovative and sustainable specialty products and solutions via its robust global network. "We are experts in what we do and a reliable partner when it comes to challenging packaging solutions as well as the manufacturing processes for these types of packaging,” said Mark Odgers, Director of Packaging, Sappi North America. “In light of the high investment levels and significant amount of work that Sappi has put into packaging and speciality papers, we’re excited to share our full product line and what’s next for us at Pack Expo. We are delighted to invite all visitors to stop by to discuss their specific requirements with us."
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GDUSA’s American Graphic Design Awards Open Thru September 22

The editors of Graphic Design USA invite you to join the thousands of creative professionals who have been recognized by this national design competition for five decades. The competition is open to every­one in the community: advertising agencies, design firms, corporate, institutional and publishing inhouse departments, and more. It honors outstanding new work of all kinds: print, packaging, p-o-p, internet, interactive, video and more. Winners receive an embossed Certificate of Excellence for each piece selected and are eligible for reproduction in the 54th Anniversary GDUSA Awards Annual in print, online, digital and mobile – seen by over 100,000 colleagues and clients each year. The featured category: Creative Use of Stock sponsored by Adobe Stock.
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Oil Steady as Irma Heads for Florida, Saudi Arabia Cuts Supply

Oil prices steadied on Friday after almost a week of sharp rises as Hurricane Irma, one of the most powerful storms in a century, drove towards Florida after tearing through the Caribbean. Irma is the second major hurricane to approach the United States in two weeks and has already killed 14, flattening whole islands. Its predecessor, Harvey, shut a quarter of U.S. refineries and 8 percent of U.S. oil production. “Hurricanes can have a lasting effect on refinery and industry demand,” said Eugen Weinberg, head of commodities research at Commerzbank in Frankfurt. “The impact of the forces of nature on U.S. oil production should not be overestimated – nor should their impact on demand be underestimated.”
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Barnes & Noble Reports Fiscal 2018 First Quarter Financial Results

Barnes & Noble, Inc. (NYSE:BKS) today reported sales and earnings for its fiscal 2018 first quarter ended July 29, 2017. Total sales for the first quarter were $853 million, declining 6.6% as compared to the prior year. Comparable store sales decreased 4.9%, as declines in non-book categories outpaced improved book trends during the quarter. The Company also experienced lower online and NOOK® sales during the quarter, which were impacted by the prior year eBook settlement and lower promotional activity.
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Amazon Opens Search for Amazon HQ2–A Second Headquarters City in North America

Amazon today announced plans to open Amazon HQ2, a second company headquarters in North America. Amazon expects to invest over $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs. In addition to Amazon’s direct hiring and investment, construction and ongoing operation of Amazon HQ2 is expected to create tens of thousands of additional jobs and tens of billions of dollars in additional investment in the surrounding community. Amazon is opening the Amazon HQ2 Request for Proposal (“RFP”) now, and local and state government leaders interested in learning more about how they can bring Amazon to their community can visit www.amazon.com/amazonHQ2.
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Xerox and World-Renowned Authors Set the Page Free in Collaborative Book Project

A book collaboration of epic scale is underway with 14 celebrated and award-winning international writers and creative talents. Xerox’s Project: SET THE PAGE FREE will feature chapters by each of the contributors – including a poem and a song – that together tell the ultimate story of the modern workplace, each with a unique creative perspective on the working world.
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New Book from Bestselling Author Tim Ferriss Provides Inspirational Gems and Life-Changing Advice from World-Famous High-Achievers

Houghton Mifflin Harcourt announced today that it will publish a new book by #1 New York Times bestselling author Tim Ferriss on Nov. 21, 2017. TRIBE OF MENTORS: SHORT LIFE ADVICE FROM THE BEST IN THE WORLD shares wisdom from more than 100 entrepreneurs, athletes, celebrities, and other top performers. Through short, action-packed profiles, Ferriss details their secrets for success, happiness, meaning, and more.
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Arandell Hurricane Harvey Update #2

Effective over the Labor Day Weekend, the USPS’s North Houston P&DC that services the entire Greater Houston Area has begun resuming all operations. This includes all processing operations for Marketing / Standard Mail. This processing facility serves all Post Office Delivery Units within the 3-Digit ZIP Codes of 770, 772, 773, 774, 775, 776, 777 and 778. Furthermore, all Post Office Delivery Units have resumed normal operation with the exception of a handful, whose services are being performed out of alternative delivery facilities.
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Printing Impressions Reveals Winners of the 2017 Gold Ink Awards

Printing Impressions is excited to announce the winners of our 2017 Gold Ink Awards! The 2017 competition, which garnered nearly 800 entries, was open to all creators and producers of printed materials, and encompassed 46 categories within commercial printing, magazines, books, catalogs, digital printing and packaging. Not only did the winning pieces surpass their competitors based on print and finishing quality, technical difficulty and overall visual effect, but they also showed what is possible for other creatives in the printing industry.
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Appleton Coated Introduces Ethos® Enhanced Inkjet Swatchbook

Appleton Coated’s new Ethos Enhanced Inkjet Swatchbook highlights the product’s versatility. Featuring samples printed across multiple high-speed inkjet platforms – including the HP PageWide, Kodak Prosper, Ricoh IPS5000 & Pro VC60000, Canon ColorStream & VarioPrint i300, and Screen TruePress – the book is a showcase of the capabilities of this silk, coated-like inkjet paper. “The swatchbook is printed by our customers across North America,” explains Amy Ambos, Appleton Coated’s inkjet product manager, “using both dye and pigment inks. Ethos Enhanced Inkjet is an obvious choice for many direct mail, commercial and publishing applications.” Ambos continues, “Our customers are impressed with the print quality, runnability, and product availability. The product is manufactured at our mill in Combined Locks, Wisconsin, ensuring the quick-turn required by many customers.”
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Glatfelter to Present at KeyBanc Capital Markets Basic Materials & Packaging Conference on September 12th

Glatfelter (NYSE: GLT) today announced that Dante C. Parrini, Chairman and Chief Executive Officer, and John P. Jacunski, Executive Vice President and Chief Financial Officer, will be presenting at the 2017 KeyBanc Capital Markets Basic Materials & Packaging Conference on September 12, 2017, at the InterContinental Hotel in Boston, MA. The presentation will begin at 12:05 p.m. Eastern.
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J.D. Irving, Limited Business Services Awards Seven Scholarships to Children of Employees

On average J.D. Irving, Limited (JDI) awards over $250,000 in educational scholarships each year. We award some of these scholarships to the children of our valued employees who are pursuing their education at a post-secondary level. Recently, seven students were awarded scholarships in a ceremony at our Saint John Head Office. “Congratulations to this year’s scholarship winners,” said Mary-Beth Tingly, Director of Human Resources for Irving Business Services. “We are pleased to award scholarships for students who excel academically, and show a passion for community involvement. Best of luck in your chosen field. We hope you will keep summer and co-op opportunities with J.D. Irving, Limited in mind throughout your education.”
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Graphic Packaging to Close Santa Clara, California Paperboard Mill by Year End

Graphic Packaging Holding Company (NYSE: GPK), today announced that its wholly owned subsidiary, Graphic Packaging International, Inc., will close its coated recycled paperboard mill in Santa Clara, California by year end. This decision was made as a result of a thorough assessment of the facility's manufacturing capabilities and associated costs in the context of the Company's overall mill operating capability. The closure will affect approximately 120 employees.
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BillerudKorsnäS Among the Most Sustainable Companies in the World

As the only European company, BillerudKorsnäs last year was named sustainability leader in the category Containers & Packaging, and included in the globally recognized Dow Jones Sustainability Index. In this year’s assessment, BillerudKorsnäs advances from belonging to the top 20 percent in Europe, to the 10 percent most sustainable companies in the world.
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New Digital Tools Help Educate on Plastic Wrap and Bag Recycling

The Flexible Film Recycling Group (FFRG) of the American Chemistry Council (ACC) has released two new online tools and an updated website designed to help grow the recycling of plastic wraps, bags, and other flexible polyethylene film packaging. These free tools provide resources to a wide range of audiences—including consumers, recycling coordinators, local and state governments, and businesses—about this material, collectively known as “film.” They aim to help these audiences learn more about what material can be recycled, how to properly recycle it, and how to grow plastic film recycling at a local level. Says the FFRG, more and better plastic film recycling can help improve the environment and support local recycling or waste diversion goals.
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Wolff Olins Appoints First Female CEO

Wolff Olins has appointed Sairah Ashman as CEO. The first female head of the creative consultancy, she has been with Wolff Olins for 23 years, seven of them as Global COO. Former CEO Ije Nwokorie says, “Sairah is one driven leader; privately and professionally committed to making a positive impact in the world. She’s an important voice for equality in our industry and I am excited by our continuing partnership.”
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Cannabis Concentrates Get High End Branding By Pentagram

Harmony Extracts is a cannabis concentrate company that uses state-of-the-art extraction technologies to transform marijuana plants into potent concentrates. A new enterprise based in Denver CO, Harmony commissioned Pentagram to design its brand identity and packaging for the initial line of products. Rejecting the head-shop look of the bygone days, the Pentagram team decided to align the brand with the growing number of modern, clean, high-end dispensaries “that seemed to be on a mission to become the Starbucks of the cannabis retail world.”
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Oil Firms as U.S. Gulf Refineries Restart, Dollar Softens

Brent oil prices firmed on Thursday, hovering near 3-1/2-month highs as U.S. refiners restarting after Tropical Storm Harvey increased their crude processing and the U.S. dollar declined. Brent crude futures LCOc1 were up 28 cents at $54.48 a barrel by 1143 GMT, close to their highest since May 25. U.S. West Texas Intermediate (WTI) crude futures CLc1 eased by 11 cents to $49.05 a barrel, near a four-week high.
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Claiming Liberal Bias, Pub Drops Association with ‘NYT’ Bestseller Lists

Complaints about the lack of transparency in how the New York Times compiles its bestseller lists are nothing new. For years, some publishers have complained that the paper's methodology—relying on point-of-sale data from a secret and select list of stores—can produce skewed and inaccurate results. For publishers of conservative books, the Times' approach has long been a headache. Now, one of these publishers has taken action.
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American Media, Inc. Acquires Full Ownership of Mr. Olympia Competition

American Media, Inc. (AMI) Chairman and CEO David J. Pecker, Weider Health & Fitness CEO and IFBB Professional League (IFBB Pro League) President Emeritus Eric Weider and IFBB Pro League President Jim Manion, today announced that they have reached an agreement for AMI to purchase from IFBB Pro League its half of the Mr. Olympia joint venture with AMI becoming the sole owner.
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18th Annual New Yorker Festival to be Held October 6-8

On October 6, 7, and 8, 2017, The New Yorker will present its eighteenth festival, an annual celebration that brings the breadth and the spirit of the magazine to life across New York City. Over three days, New Yorker writers and editors will sit down with the world’s leading writers, artists, filmmakers, actors, comedians, politicians, activists, and athletes. The foremost cultural event of the fall will also feature live performances, film previews, and excursions throughout New York City.
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Can Billionaires Save the Media Business?

On July 28, Apple heiress Laurene Powell Jobs bought a majority stake in The Atlantic. It’s the latest media purchase by the billionaire class, a group that includes Amazon founder Jeff Bezos (the Washington Post), Boston Red Sox owner John Henry (the Boston Globe), billionaire Glen Taylor (the Minneapolis Star-Tribune) and casino magnate Sheldon Adelson (the Las Vegas Review-Journal). Some have praised this growing trend, arguing that wealthy individuals are journalism’s last, best hope. And there are notable cases of rich philanthropists, like Pierre Omidyar and Gerry Lenfest, making significant donations toward public service journalism.
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Pocket Folders Fast Adds Two J Press 720S’s

Pocket Folders Fast, an Omaha, NE-based print service provider, has invested in two J Press 720S presses from FUJIFILM North America Corporation, Graphic Systems Division. Pocket Folders Fast is a division of a broader group of companies, Wright Printing and Barnhart Press. Being a commercial printer allows this group of companies to provide services to a range of clients, including the niche of pocket folders and short-run digital packaging.
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J.S. McCarthy Printers Taps Jonathan Tardiff as President

J.S. McCarthy Printers and the Tardiff family announced that effective August 21, 2017, Jonathan “Jon” Tardiff has been appointed president of J.S. McCarthy Co. It has been a long journey and the company is very proud of Tardiff and all that he has accomplished and says that it is confident that he will bring the same dedication to this new role as he has to everything else he accomplished at the company.
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2017 Atlantic Teacher’s Tour

This August, J.D. Irving, Limited (JDI) volunteered to host a visit to our operations as part of the Atlantic Canadian Teachers’ Tour, held in Truro, Nova Scotia. Educators from all over the Atlantic Provinces gathered to learn more about the forestry industry and how it impacts our region. The three-day tour involved tours of local mills, private woodlot owners land and JDI freehold land, pre-commercial thinning and commercial thinning.
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Recreate Packaging 2018 Design Competition Opens

The competition, organized by Stora Enso, is now open for registration on recreatepackaging.com until 22nd December 2017. Taste is visual, and an appealing package can alter not only the general impression but also the perceived taste of a food product. The Recreate Packaging by Stora Enso is a design competition that seeks new packaging ideas and solutions based on renewable fibre-based materials. This time, the designers’ task is to rethink food packaging to make the whole product experience appealing, fun and enjoyable for kids.
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The New Global Packaging Economy

A decade or so ago, Ben Miyares, a regular contributor to this magazine and President of The Packaging Management Institute, was teaching a module for our on-line Packaging Masters Program Course “The Value of Packaging” at Michigan State University. We had just started PTIS and believed that packaging value was very understated and that there were big opportunities ahead. The Miyares module was about packaging being bigger than an “industry”—he referred to it as an “economy.”
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CDP First U.S. Business to Buy EFI Nozomi Single-Pass Inkjet Corrugated Press

Electronics For Imaging on Tuesday said Complete Design & Packaging (CDP), an independent corrugated packaging provider in Concord, N.C., will be the first U.S. business in to install EFI's Nozomi C18000 single-pass LED corrugated packaging press. CDP, which was founded by Howard Bertram in 2002, will use the six-color press for "cost-effective, high-quality, direct-to-board digital printing that extends client brand presence in retail corrugated packaging," according to a press release from EFI.
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Fire in BillerudKorsnäS Production Unit in Karlsborg Extinguished

As reported in the media, during the night between September 5 and 6th, there was a fire in one of the buildings at BillerudKorsnäs’ production unit in Karlsborg. The fire started late in the evening on September 5th in and was isolated to one building. . The fire has been extinguished. The cause of the fire has not yet been determined. The production in Karlsborg has been stopped while the damage is being investigated.
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6 Things to Avoid When Designing a Logo

We teamed up with the brilliant minds at LogoLounge to provide our readers with an extensive look into this year’s logo design trends and insights in the latest issue of HOW magazine. LogoLounge’s Bill Gardner and an esteemed panel of judges pored through 40,000 logos collectively to select the cream of the crop in logo design from around the world. This year’s judges were:
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Oil up After Harvey Fallout; Hurricane Irma Heads into Caribbean

Brent LCOc1 had gained 28 cents to $53.66 a barrel by 0952 GMT. U.S. West Texas Intermediate (WTI) crude futures Clc1 were up 15 cents at $48.81. “Hurricane Harvey was bearish for crude and speculators went massively short WTI but now there is a reversal to positions pre-Harvey. Strong margins are helping underpin crude ... gasoil is at its highest point this year,” Olivier Jakob of Petromatrix consultancy said. Many refineries, pipelines and ports that were knocked out by Harvey 10 days ago are restarting. As of Tuesday, about 3.8 million barrels per day (bpd) of refining capacity, or 20 percent of the U.S. total, was shut. This compares with 4.2 million bpd at the height of the storm.
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Appleton Coated Green Power no Longer Green-e Certified

As of September 1, 2017, Appleton Coated Green Power will no longer carry Green-e certification. Our relationship with Green-e ended on August 31, 2017. Although products in the warehouse still have the Green-e logo imprinted on the labels, these items are no longer sold with this certification. All Appleton Coated products that carry the Appleton Coated Green Power designation in inventory now and moving forward will continue to have 100% of the electricity used to manufacture these products matched with renewable energy credits (RECS), which is primarily wind.
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Profits at PRH Rise, on Small Sales Gain, in First Half of 2017

Total revenue at Penguin Random House inched up 1.1% in the first half of 2017, over the first six months of 2016, while earnings at the publisher rose 11.4%. Parent company Bertlesmann reported that worldwide sales were €1.53 billion ($1.81 billion) in the period, up from €1.52 billion. Meanwhile, EBITDA (earnings before interest, taxes, depreciation, and amortization) was €206 million, up from €185 million in the first six months of 2016. Bertlesmann said the earnings improvement reflected continued benefits from the Penguin-Random House merger.
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Diversification Is Continued Imperative for Mag Industry

A study conducted by consulting firm PwC confirms what a many publishing leaders already know: As advertising and circulation revenues decline, diversification becomes a business imperative. “Advertising for print is down. Circulation is down. Revenues are projected to be flat,” says PwC partner Greg Boyer. “To make up for these declines, magazine publishers need to innovate in a variety of ways.” In particular Boyer sees mobile and video as a bright spot for the publishing industry. According to the Global Entertainment and Media Outlook 2017-2021 report released in June, the compound annual growth rate (CAGR) for magazine circulation and advertising revenue over the next five years is 0.19%. In terms of dollars, that’s a mere $300 million increase, approximately, in industry revenue.
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New Training Intake Starts at Heidelberg: With a Focus on Digitization

The training programs at Heidelberger Druckmaschinen AG (Heidelberg) started on Sept. 1, 2017 – 99 young men and women began their training/cooperative education degrees at one of the company’s four sites in Germany. In line with the “Heidelberg goes Digital” strategic orientation, the industry leader is also increasingly focusing its training on the issue of the digital transformation. For example, the company is providing mechatronics engineers with targeted training in using the View2Connect virtual collaboration and communication platform, which facilitates completely digital assembly planning among other features. Digital workstations for trainees in various corporate departments are planned for the future.
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When It Comes to the Fundamentals of Paper, Do You Make the Grade?

When your employees and customers understand the fundamentals of paper, they better understand the value your company provides. After a successful event last September, NPTA Paper School returns this fall in Chicago, IL. This half-day program teaches the most important topics in paper and provides each attendee with a strong foundation of knowledge to build on. The six classroom sections are taught by paper industry leading experts from top paper mills. Attendees will receive access to the PRINT17 tradeshow floor and take a guided tour of the most advanced printing equipment in the world.
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Supporting Innovation: J.D. Irving Sponsors Paradigm Hyperloop

Paradigm Hyperloop is a team of students from Memorial University of Newfoundland, College of the North Atlantic, and Northeastern University of Boston that has been planning, designing, and developing a hyperloop pod, which is a conceptual fifth mode of transportation that involves levitating train-like vehicles that travel through low pressure vacuum tubes. The team has been at the project for two years! J.D. Irving, Limited (JDI) is proud to sponsor the innovative work that the Paradigm Hyperloop team is doing.
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BillerudKorsnäS Invests in Cold Chain Packaging Company Vericool

BillerudKorsnäs invests in the area of cold chain packaging as it acquires a minority holding in the innovative company Vericool Inc., headquartered in California. The company’s solutions enable sustainable and compostable packaging solutions for unbroken cold chains in the grocery and pharmaceutical market, intended as an alternative to non-sustainable packaging solutions, such as polystyrene (EPS).
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Smurfit Kappa Bag-in-Box at PACK EXPO Las Vegas 2017

Smurfit Kappa, leader in complete Bag-in-Box® packaging solutions, will be attending the PACK EXPO event from 25th - 27th September 2017 at the Las Vegas Convention Centre. Smurfit Kappa will showcase its unique expertise in complete packaging solutions with its Bag-in-Box®, Pouch-Up®, Vitop tap and filling machines. Adapted for the food and beverage industry and also non-food industries such as automotive, agrochemical and pharmaceutical, these innovations show many advantages in terms of shelf life, cost, sustainability and consumer convenience.
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Forest2Market Report Shows Increased Demand for Wood Fiber Leads to Forest Growth

As the debate about the carbon benefits of generating electricity in Europe from wood pellets manufactured in the southern United States continues, a new Forest2Market report shows that growth in demand for forest products (e.g., lumber, paper, packaging and wood pellets) has led to greater forest productivity and a significant increase in the amount of forest inventory available for storing carbon. The report, Historical Perspective on the Relationship between Demand and Forest Productivity in the US South, analyzes US Forest Service data and other scientific research to understand the relationship between changes in demand and supply from 1953 to 2015.
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Pantone Honors Prince With Custom Purple Shade

The Prince Estate and the Pantone Color Institute™ have created a standardized custom color to represent and honor international icon, Prince. The (naturally) purple hue, represented by his “Love Symbol #2” was inspired by his custom-made Yamaha purple piano, which was originally scheduled to go on tour with the performer before his untimely passing at the age of 57. The color pays tribute to Prince’s mark on music, art, fashion and culture.
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Top 10 Inspirations from Chad Michael

I can count on one hand the number of designers whose work I’ve fallen in love with based purely on their business card: Chad Michael is at the top of that list. Its devilishly intricate foil details and grinning skull-like grail are more in keeping with some mythical talisman than a simple calling card. It is precisely this mix of thoughtful sophistication and otherworldly iconography that makes Chad’s work seem both fresh and new, as well as gloriously historic. His bold choice of typography only enhances this feeling.
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Creating the Optimal Coupon Mix for Personalized Marketing

The first ever coupon is believed to have been distributed in 1888 by Coca-Cola — a ticket for a “free cup of Coke” to help promote the drink. It's estimated that by 1913, one in nine Americans had redeemed at least one of the 8.5 million tickets distributed through mail, magazine inserts, sales representatives and company employees. Historically, coupons were viewed simply as a mass promotion vehicle to drive more sales of a particular product. In the digital age, customer information provides retailers the opportunity to join forces with suppliers to personalize and optimize coupon distribution in a way that serves a multitude of objectives. For example, personalized coupons can support introduction to categories and products, retention of customer revenue, cross-sell strategies, improvement of brand and private-label recognition, and more.
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U.S. Crude Rises, Gasoline Falls as Refineries Restart

U.S. oil prices rose on Tuesday and gasoline fell as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch. Gasoline futures RBc1 dropped 4 percent from their last close, to $1.68 per gallon, down from $2.17 on Aug. 31 and back to levels last seen before Harvey hit the U.S. Gulf Coast and its large refining industry. U.S. West Texas Intermediate crude futures Clc1 rose more than 1 percent to $47.84 per barrel by 1008 GMT, up 55 cents from their last settlement. “Gasoline fell as refineries in Texas began to reopen,” said William O‘Loughlin, investment analyst at Rivkin Securities. Texas was edging towards recovery from the devastation of Harvey as shipping channels, oil pipelines and refineries restarted some operations.
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SG360°’s Mary Lee Schneider on Latest Acquisition and What’s Ahead

Last week, SG360°, a print and direct marketing solutions provider headquartered in Wheeling, Ill., announced the acquisition of Data Service Solutions (DSS), an integrated print finishing company located in Bolingbrook, Ill. The deal reportedly makes this the second largest acquisition in the company’s history (the first was Lehigh Direct in 2014), and adds a fifth additional facility in the Chicago area. Printing Impressions caught up with Mary Lee Schneider, president and CEO of SG360°, to learn more about the acquisition, what it means for SG360° and the company’s plans for the future. “This is our first acquisition since we became part of a private equity team, ICV Partners, in December. SG360° is all about growth and we're excited to take our capabilities to the next level and really help our customers manage their complex communication needs,” says Schneider. Schneider, a former RR Donnelley veteran who has been president of SG360° for almost two years, says that the capabilities of DSS will strengthen SG360°’s positioning as a leading integrated direct marketing services firm, enhances the growth of SG360°'s fulfillment business, supports the firm's distribution strategy, and will be key to driving long-term, sustainable growth. Click Read More below for more of the story.
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Indiana Lawsuit Results in Suspension of Sales Tax Collection Statute

We're excited to report an important positive development in the Hoosier state. Earlier this week, in response to a Complaint we filed with our TruST partner association NetChoice, the Indiana Department of Revenue acknowledged that it has no authority under current law to enforce its new “economic presence” nexus statute (House Enrolled Act 1129). This litigation challenging the law’s constitutionality is now pending in state Superior Court in Indianapolis. Under the new law, which went into effect on July 1, 2017, retailers with more than $100,000 in Indiana sales or 200 transactions annually with Indiana customers would be required to collect and remit Indiana sales tax. Before the law took effect, in late June Brann & Isaacson filed suit on our behalf alleging that the statute violates the long-standing physical presence “substantial nexus” requirement for state sales taxes under Quill Corp. v. North Dakota. Click Read More below for additional detail.
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Kohl’s Doubles Donation for Hurricane Harvey Relief Efforts to $1 Million to American Red Cross

Kohl’s announced it will double its earlier announced donation to support relief efforts in response to the severe weather impacting Texas and the Gulf Coast, for a total of a $1 million cash donation to the American Red Cross. In addition, Kohl’s will provide an estimated $1 million in financial support to Kohl’s associates who have been significantly impacted by the storm. “The destruction of the hurricane and its aftermath has continued to escalate day by day,” said Kevin Mansell, Kohl’s chairman, CEO and president. “We feel compelled to increase our donation to the Red Cross to help families across Texas and the Gulf Coast during this time of great need.” Click Read More below for additional detail.
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Gasoline Gain and Oil Pain Spurred by Storm as U.S. Plants Shut

Motor fuel prices slipped 1.2 percent on Friday, the first decline in front-month futures in almost two weeks, after a 25 percent gain in August. Crude in New York extended declines following the worst month since March. About 4.4 million barrels a day of U.S. refining capacity remains shuttered. The government plans to supply 1 million barrels of crude from the Strategic Petroleum Reserve to a Gulf Coast plant, the first emergency release in five years. Hurricane Harvey cut U.S. refining capacity to the lowest level since 2008 after its initial strike on the Texas coast late last week. It returned as a storm to hit Louisiana on Wednesday, bringing torrential rains that shut the biggest U.S. refinery, owned by Motiva Enterprises LLC in Port Arthur, Texas. The lack of production forced Colonial Pipeline Co. to curb flows to a link that carries fuels to the Northeast. Valero Energy Corp. and Royal Dutch Shell Plc told wholesale customers Wednesday they don’t have enough gasoline and diesel to sell. Click Read More below for additional detail.
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Hearst Acquires the Print and Digital Assets of The Telegraph and Journal-Courier

Hearst today announced that it has acquired The Telegraph and Journal-Courier from Civitas Media, LLC (“Civitas”). The acquisition strengthens Hearst Newspapers’ commitment to covering news in Illinois communities, adding to the reporting done by the Edwardsville Intelligencer. The announcement was made by Hearst President and CEO Steven R. Swartz and Hearst Newspapers President Mark Aldam. Financial terms were not disclosed. Civitas, headquartered in Davidson, North Carolina, is a portfolio company of Philadelphia-based private equity investment firm Versa Capital Management, LLC (“Versa”). Click Read More below for additional detail.
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Celebrated Living magazine reveals its Platinum List Awards

Today is the day when Celebrated Living magazine, the premium-class publication for American Airlines, announces the winners of its prestigious 2017 Platinum List Awards. Fourteen handpicked, expert judges and the public have finally spoken and we now know the best of the best in travel today. Thousands of votes were cast and counted across the 21 categories and the definitive list of the best resorts, hotels, cruises, fine dining and nightlife spots around the world is revealed today. The winners appear in the September/October issue of Celebrated Living magazine for American Airlines online and infligt. Click Read More below for more of the story.
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Sappi invests in sugar separations and clean-up technology to strengthen its renewable bio-chemicals offering

Sappi Limited is pleased to announce that it will bolster its biorefining expertise through the acquisition of the Xylex® and Versalac® technologies owned by Plaxica Limited. The transaction will result in Sappi acquiring the sugar clean up technologies which includes the patents, knowhow, equipment and key technical staff of Plaxica. The size of the transaction does not require regulatory disclosure. Since 2013, Sappi has advanced its efforts to expand its biorefining expertise. Part of the strategy is to extract and clean-up C5 hemicellulose sugars from our Pre-Hydrolysis Kraft (PHK) liquors for further value add to higher value products. Commenting on the transaction, Louis Kruyshaar, Executive Vice President of Sappi Biotech said “Plaxica’s Xylex® solution is rated as one of the most advanced to offer optimum efficiency and economics for separation and clean-up of C5 sugars from pulp mill hydrolysates.” Click Read More below for additional detail.
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Important Mail Service Update for Rio Grande District Customers Affected by Hurricane Harvey

Hurricane Harvey’s impact on the Texas Gulf Coast resulted in the temporary suspension of mail delivery service, as well as the closure of some postal facilities in the Postal Service’s Rio Grande District. We realize our customers depend on the mail every day and we are working hard to reconnect customers with their mail as quickly as possible. Today, the U.S. Postal Service Rio Grande District is providing additional information on how customers displaced by Hurricane Harvey can retrieve Treasury checks they receive, via U.S. Mail. This includes checks from the Social Security Administration, Veterans Administration (VA), Office of Personnel Management (OPM) and Railroad Retirement Board. In addition, we will be distributing any identifiable medications sent through the mail. We realize the importance of ensuring customers receive these items. Click Read More below for additional detail.
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U.S. companies impose duty on East Coast paper companies as NAFTA talks resolve little

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.
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Help tell the great story of print and paper! Pick up your free Two Sides materials at PRINT 17

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.
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Graphic Arts Advisors Announces Sale of CL Graphics to The Stevens Group

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.
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Wall Street Journal Kills Print Edition in Hong Kong

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.
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L Brands Reports August 2017 Sales

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.
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Bertelsmann Achieves First-Half Operating Group Profit Exceeding Half-Billion Euros for the First Time

Bertelsmann had a successful first half of 2017. The international media, services, and education company reports revenue growth, operating EBITDA at a high level, and a first-half operating Group result of over €500 million for the first time in its history. The Group achieved further progress in implementing its growth strategy, and among other major initiatives signed an agreement to increase its stake in the world's largest trade publishing group, Penguin Random House, to a strategic majority of 75 percent. Bertelsmann increased its Group revenues by 2.1 percent to €8.1 billion in the reporting period (H1 2016: €8.0 billion). Organic growth improved to 1.4 percent (H1 2016: 1.3 percent). RTL Group's digital TV businesses, the digital activities of Gruner + Jahr and BMG, Arvato SCM Solutions and the Bertelsmann Education Group in particular developed positively. Growth businesses grew by 9 percent to €2.7 billion (H1 2016: €2.3 billion). For the first time, they accounted for more than 30 percent of total sales. Click Read More below for additional detail.
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Gasoline at Two-Year High as Harvey Shuts Largest U.S. Refinery

Gasoline hit a new a two-year high as investors assess the impact of refinery outages and restarts as Harvey moves away from the Houston area. With the storm sliding farther inland over Southwestern Louisiana, Motiva Enterprises LLC’s Port Arthur refinery, the country’s biggest, began a controlled shutdown. The disruption helped send motor fuel up 5.7 percent in New York, while oil slipped. An Energy Information Administration report showed U.S. crude stockpiles slid for a ninth week, though production -- often given more weight by traders -- continued to rise last week. Click Read More below for more of the story.
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Costco Wholesale Corporation Reports August Sales Results

Costco Wholesale Corporation reported net sales of $9.8 billion for the month of August, the four weeks ended August 27, 2017, an increase of 10.0 percent from $8.9 billion during the similar period last year. For the first 52 weeks of its 53-week fiscal year ended August 27, 2017, the Company reported net sales of $123.5 billion, an increase of 6.4 percent from $116.1 billion during the 52-week 2016 fiscal year.
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Greif Resuming Operations in Houston Area

Greif is pleased to report that our steel, plastic, fibre drum and chemical filling services that were impacted by Hurricane Harvey are returning to operation. Operation may be limited depending on access to transportation, raw material, or other external services like export shipping Ports. We will keep the safety of our people as the top priority as we resume operations and meet our customers’ needs.
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International Paper Contributes $1 Million to Assist Hurricane Harvey Relief Efforts

International Paper has pledged $1 million to support disaster relief efforts in the communities impacted by Hurricane Harvey and Tropical Storm Harvey. The International Paper Foundation will contribute $750,000 to the American Red Cross chapters in Texas and Louisiana, and will contribute $250,000 to Feeding America. International Paper has established strategic partnerships with these organizations to provide disaster relief in communities where IP employees live and work. Click Read More below for additional detail.
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FCC Lacks Basis To Roll Back Net Neutrality Rules, Silicon Valley Says

The Federal Communications Commission's proposed rollback of the net neutrality rules may not hold up in court, according to the Silicon Valley trade group Internet Association. "The record provides no basis for the Commission to reverse course from its 2015 Order," the Internet Association writes in comments filed Wednesday with the Federal Communications Commission. The organization -- which includes companies like Amazon, Google, eBay and Facebook as members -- adds that Supreme Court precedent requires the FCC to show it has good reasons to change its position. "The 2015 Order is working -- both the cloud economy and ISPs are doing well (and claims that investment by ISPs has been hurt by the 2015 Order are unsupported by evidence), and consumers are reaping the benefits of the virtuous circle of innovation across the internet economy," the organization writes. Click Read More below for additional detail.
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Kohl’s giving financial aid to its hurricane-affected employees

Kohl's is reaching out to its associates as well as the general public impacted by Hurricane Harvey. The retailer said it will provide an estimated $1 million in financial support to its employees who have been significantly impacted by the storm. Kohl’s will continue to monitor the impact of the flooding throughout the region to evaluate the need for additional assistance. In addition, Kohl's announced a $500,000 cash donation toward hurricane relief and recovery efforts in Texas and across the Gulf Coast. Kohl’s is providing the donation to the American Red Cross, which is delivering emergency supplies and services in the impacted areas. Click Read More below for additional detail.
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Hurricane Harvey Update

Right now all delivery has been suspended within the 3-Digit ZIP Codes of 770, 772, 773, 774, 775, 776, 777 and 778. As of this morning the USPS is planning to resume operations for Marketing / Standard Mail on Monday, September 11, 2017. All other Texas regions outside of the Greater Houston area are operational, but have been experiencing delays. As the events unfold and more information is available we will keep you updated as quickly as possible. Should you have any immediate questions please reach out to a member of your service team.
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New York Publishers Offer Help to Hurricane Harvey Victims

Scholastic, Hachette, Simon & Schuster and Penguin Random House are among the New York trade publishers responding to the humanitarian crisis in flood-ravaged Southeast Texas. Driven by a company-wide response, Scholastic made a $25,000 donation to the Red Cross to aid relief efforts in the area. Scholastic is also accepting requests for help from damaged schools via its Possible Fund, an initiative that donates books to schools in underserved communities (as well as those in areas affected by natural disasters). Additionally, the company's Scholastic Book Clubs is offering to help restock classroom libraries in areas harmed by floodwaters. Click Read More below for more of the story.
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TC Media sells its weekly Le Peuple Lotbinière

Transcontinental Inc.'s Media Sector, TC Media, announced the sale of its weekly Le Peuple Lotbinière, and its related web property, to MELIORMÉDIA Inc. Three employees are transferred to the purchaser. The Corporation would like to thank them for their professionalism and their dedication to the organization. Furthermore, TC Transcontinental also concluded a multi-year agreement for the printing and distribution of this publication. This transaction is part of the process for the sale of TC Media's local and regional newspapers in Quebec and Ontario, which was made public in a press release issued by Transcontinental Inc. on April 18.
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TC Media sells its Drummondville newspapers: L’Express – Wednesday Edition and L’Express Week-end

Transcontinental Inc.'s Media Sector, TC Media, announced the sale of its two Drummondville-based publications, L'Express – Wednesday Edition and L'Express Week-end, as well as their related web properties, to a Canadian corporation of which Mr. Dave Beaunoyer is part of. Mr. Beaunoyer is former general manager at TC Media for this region. The 19 employees of these newspapers are transferred to the acquirer, along with 4 employees from TC Media's production team. The Corporation would like to thank them for their professionalism and wishes them continued success. Furthermore, TC Transcontinental also concluded a multi-year agreement for the printing and distribution of these publications. This transaction is part of the process for the sale of TC Media's local and regional newspapers in Quebec and Ontario, which was made public in a press release issued by Transcontinental Inc. on April 18.
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The UPS Foundation Mobilizes Relief Network, Pledges More Than $1 Million

UPS announced more than a $1 million pledge, through The UPS Foundation in support of recovery efforts in Texas and Louisiana following the devastation caused by Hurricane Harvey. The pledge is a combination of cash grants, in-kind transportation movements and technical expertise to provide urgent relief, as well as support for long-term needs ranging from rebuilding to personal and financial recovery assistance. “In this time of enormous need, it is critical to establish and support extensive networks of public-private partnerships to get aid to those who need it, as quickly as possible,” said Eduardo Martinez, president of The UPS Foundation and chief diversity and inclusion officer. “At the same time, setting aside funding and other resources for long-term recovery efforts is also important, and we are laying that groundwork as well.” Click Read More below for additional detail.
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Walmart and the Walmart Foundation Announce up to $20 Million Toward Hurricane Harvey Relief and Recovery

Walmart and the Walmart Foundation have committed up to $20 million in support of relief efforts in response to the severe weather impacting the Gulf region. This includes $10 million focused on support of American Red Cross shelters and $2 million in support of the Hurricane Harvey Relief Fund at the Greater Houston Community Foundation, which was announced today at a press briefing with Houston Mayor Sylvester Turner. “Our Texas family of customers and associates are experiencing devastating impact from this storm,” said Doug McMillon, President and CEO of Walmart. “We are on the ground to help our friends and neighbors in the Gulf region, and we’ll continue to be in the tough days, weeks, and months ahead.” Click Read More below for additional detail.
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Amazon Opens Latest NYC Store at 34th Street

Amazon Books opened its 11th store today, and its second in New York City. Located on 34th Street, the store sits sitting directly across the street from the Empire State Building. The new outlet has about 3,700 titles available for sale that range from bestsellers to "hidden gems" and are selected in part from reviews from Amazon customers. Books in 34th St. store, Amazon said, have received a total of 1.8 million 5-star reviews. There is also ample room given to Amazon's various digital devices including Kindle Echo, and Fire Tablet lines. Click Read More below for more of the story.
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Chico’s FAS, Inc. Reports Second Quarter Results

For the thirteen weeks ended July 29, 2017, the Company reported net income of $22.7 million, or $0.18 per diluted share, compared to net income of $23.0 million, or $0.17 per diluted share, for the thirteen weeks ended July 30, 2016. Results for the second quarter of 2016 include the impact of restructuring and strategic charges of $10.3 million after-tax, or $0.08 per diluted share. For the twenty-six weeks ended July 29, 2017, the Company reported net income of $56.3 million, or $0.44 per diluted share, compared to net income of $54.1 million, or $0.41 per diluted share, for the twenty-six weeks ended July 30, 2016. Results for the twenty-six weeks ended July 30, 2016 include the impact of restructuring and strategic charges of $12.5 million after-tax, or $0.09 per diluted share. For the second quarter, net sales were $578.6 million compared to $635.7 million in last year's second quarter. This decrease of 9.0% primarily reflects a comparable sales decline of 8.4%, driven by lower average dollar sale and a decline in transaction count. For the second quarter, gross margin was $209.1 million, or 36.1% of net sales, compared to $240.8 million, or 37.9% of net sales, in last year's second quarter. Click Read More below for additional detail.
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Gasoline Hits 2-Year High as Harvey Shuts Biggest U.S. Refinery

Gasoline rose to a two-year high as Tropical Storm Harvey hit the U.S. Gulf coast again after already knocking out a fifth of the nation’s refining capacity. Motiva Enterprises LLC’s Port Arthur refinery, the country’s biggest, was said to be shutting because of severe flooding. The disruption helped send motor fuel as much as 3.3 percent higher in New York, while the resulting reduction in demand from plants hit by the storm kept crude near a five-week low. After drenching Texas, Harvey regained strength over the waters of the Gulf of Mexico and crashed ashore again Wednesday in southwest Louisiana, according to the National Hurricane Center. “The market focus seems to be on the quantity of refinery capacity shut-ins and potential to hit oil demand,” said Giovanni Staunovo, an analyst at UBS Group AG in Zurich. Click Read More below for additional detail.
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VERANDA Celebrates 30 Years on Newsstands

They say that 60 is the new 50 and 40 is the new 30. I hesitate to write that 30 is the new 20, as I appreciate the intellectual maturity and emotional intelligence I gained during that 10-year window in early adulthood. With the September/October issue, our biggest issue in over a decade, as VERANDA celebrates its 30th anniversary, it’s safe to say that the magazine, too, has earned a certain level of circumspection and discernment, but with an unjaded, spirited vigor that helps us see the best the world has to offer. It’s our hope to bring gravitas and authority to the subject of living well, while still approaching the topic with childlike wonder and bridging the two viewpoints. There’s nothing worse than a blasé, I’ve-seen-it-all editor. An anniversary shouldn’t be about wallowing in the past. A healthy bit of reflection is good for anyone, but the occasion should be about taking stock and focusing on the future and new opportunities that await. This issue features a larger dynamic logo, Oprah’s private rose garden, as well as the very first person to appear on a VERANDA cover (and it’s actually three people: Atlanta homeowner Taylea Fowler and her two adorable twins). Fine jewelry coverage has been a hallmark of the magazine for 20 years, and we expanded it for this issue, featuring 17 pieces of the most beautiful pearl jewels in the marketplace. Click Read More below for more of the story.
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Update on Mondi’s machine glazed speciality kraft paper machine investment at its Steti mill

Mondi has decided to postpone its €135 million investment in a new 90,000 tonne per annum machine glazed speciality kraft paper machine at its Steti mill in the Czech Republic. Commenting on the decision, Peter Oswald, Mondi CEO, said, “We have decided to postpone the machine glazed speciality kraft paper machine investment after a careful review of market conditions. While the proposed new machine remains an exciting investment opportunity, offering the lowest cost production of its sort in Europe, recently announced industry capacity expansions are expected to result in a market imbalance over the period in which the new machine was planned to come on line. There is no change to our €335 million investment in modernising the mill including rebuilding the fibre lines, de-bottlenecking the existing packaging paper machines and a new recovery boiler, which is progressing as planned.”
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High Anticipation as Foremost Graphics Invests in First-Ever KBA Rapida 106 at New Packaging Facility

There’s high anticipation for this upcoming fall season at Foremost Graphics in Michigan and it’s not due to college football. That’s when the 100-employee firm will move its fast-growing packaging division from an old multi-floor furniture factory to a newly remodeled state of the art 80,000 sq ft facility outside of Grand Rapids and install its first-ever KBA Rapida 106 41-inch sheetfed press. Along with the press, new ERP software and additional material handling equipment will provide improved workflows and shared resources with its existing corporate headquarters in the city of Walker, MI. “We’re at an exciting crossroads in our packaging business. We’ve invested millions of dollars in new equipment, including the KBA press, as well as in a new facility,” says Paul Kelly, president of Foremost Graphics. “Our goal is to facilitate the strong expansion in the packaging segment of our business, where we see equal growth opportunities in market segments including health and beauty, automotive and food processing for our national client base.” Click Read More below for additional detail.
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Innovative Ink From Xerox To Change Economics of Commercial Inkjet Printing

For many commercial printers, the cost savings derived from inkjet technology was offset by the expense of pre-or-post coating the paper or having to purchase specialty inkjet coated paper. With the introduction of the Xerox Trivor® 2400 High Fusion Inkjet Press, all that has changed. Xerox’s new High Fusion Ink produces high-quality results direct to offset coated paper on the Trivor 2400, removing the need for intermediate coating processes, primers or added hardware. The Trivor 2400 High Fusion Inkjet Press allows print providers to expand their inkjet media range to produce cost-effective, higher-value personalized jobs such as direct mail, catalogs, magazines and color books. High Fusion Ink is specially formulated to optimize printing and drying on offset coated media including matte, silk and glass stock from 60 to 250 gsm, up to 250 feet per minute. “The speed, great color range and ability to print on regular offset coated stock with no pre- or post-treatment makes the Trivor 2400 High Fusion Inkjet Press a breakthrough innovation in production inkjet,” said David Zwang, principal consultant, Zwang & Co. While High Fusion Ink is optimized for commodity offset coated papers, it also runs on a range of uncoated media, providing cost-effective redundancy for a versatile set of print jobs. Click Read More below for additional detail.
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EarthColor assets to be acquired by Mittera Group

EarthColor is excited to announce its assets are anticipated to be acquired by Mittera Group before the end of September. EarthColor is headquartered in Parsippany, New Jersey and operates plants in New York, New Jersey, Florida and Texas. EarthColor traces its roots to 1982 and has in excess of 450 employees. Mittera Group is a multi-platform print, marketing and media company with more than 700 professionals that provide quality printing, direct mail, design, digital and analytic solutions for clients throughout the U.S. It has been actively engaged in growing through acquisitions and organic growth for the past decade. Click Read More below for additional detail.
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CTI Introduces New Heat-Activated, Tamper-Evident Ink to Improve Detection

Chromatic Technologies Inc. (CTI) announced the introduction of Tamper Alert, a new irreversible, heat-activated ink technology to identify tamper evidence in labels and packaging for chemicals, pharmaceuticals, food, electronics and other products targeted for theft and counterfeiting. CTI’s newest technology is a breakthrough in tamper-evidence providing customers with a tight activation window where the alert transitions from colorless to full color within a range of 10° C. Traditional irreversible technologies require a transition window between 30° to 50° C. (86° F. to 122° F.). This results in weak color activation and detection at lower temperatures. The new Tamper Alert technology is available in target activation temperatures of 50° C. (122° F.), 60° C. (140° F.), 70° C. (158° F.) and 80° C. (176° F.). Click Read More below for additional detail.
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Canon U.S.A. Unveils the Next Generation Monochrome Digital Presses of the Océ VarioPrint 6000 Series Platform

Addressing the market demands for increased productivity and extended media capabilities, Canon U.S.A., Inc., a leader in digital imaging solutions, unveils the Océ VarioPrint 6000 TITAN Series of sheetfed monochrome production presses at PRINT 17. Set to be available in the Americas in 2018, the TITAN Series builds off the success of the Océ VarioPrint 6000 Series featuring a range of technology innovations designed to help further enhance productivity, quality and media versatility, while maintaining best-in-class environmental performance.1 The technology has been developed to help print service providers who operate in the commercial, publishing and transactional segments to produce high-quality black and white prints at increased speeds while using a wider selection of media weights and formats. The TITAN Series presses build on the well-established Océ VarioPrint 6000 platform, which set a new bar for monochrome digital production when it was first launched a decade ago. Its unique Gemini Instant Duplex Technology is still unmatched to this day. Click Read More below for additional detail.
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Best Buy Reports Better-than-Expected Second Quarter Results

Best Buy Co., Inc. announced results for the second quarter ended July 29, 2017 (“Q2 FY18”), as compared to the second quarter ended July 30, 2016 (“Q2 FY17”). The company reported GAAP diluted earnings per share from continuing operations of $0.67, an increase of 20% from $0.56 in Q2 FY17. Non-GAAP diluted earnings per share from continuing operations were $0.69, an increase of 21% from $0.57 in Q2 FY17. “We are pleased today to report strong top and bottom line growth for the second quarter of fiscal 2018,” said Hubert Joly, Best Buy chairman and CEO. “Our higher-than-expected comparable sales of 5.4% were driven by stronger consumer demand for technology products and by the strong execution of our strategy. Against a backdrop of continued healthy consumer confidence, we believe broad-based product innovation is resonating with consumers and driving higher spend. And, with our effective merchandising and marketing activities, combined with our expert advice and service available online, in-store and in-home – we are garnering an increasing share of those dollars.” Click Read More below for additional detail.
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Monthly Statistics of the European Graphic Papers Industry – June 2017

Total European shipments of graphic papers in June 2017 were UP 0.5% vs. June 2016 and are down 0.8% year-to-date. Total European shipments of newsprint in June 2017 were down 1.7% vs. June 2016 and are down 3.8% year-to-date. Total European shipments of sc-magazine in June 2017 were down 2.2% vs. June 2016 and are UP 2.2% year-to-date. Total European shipments of coated mechanical reels in June 2017 were UP 1.7% vs. June 2016 and are down 2.0% year-to-date. Total European shipments of coated mechanical (improved and others) in June 2017 were UP 0.6% vs. June 2016 and are UP 1.4% year-to-date. Total European shipments of coated woodfree in June 2017 were UP 5.7% vs. June 2016 and are UP 1.4% year-to-date. Total European shipments of uncoated woodfree in June 2017 were down 1.1% vs. June 2016 and are down 0.8% year-to-date.
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Amazon Continues to Grow in Oregon with Salem Fulfillment Center

Amazon.com, Inc. announced plans to open its second Oregon fulfillment center in Salem, which will create more than 1,000 full-time positions. The company recently announced an upcoming fulfillment center in Troutdale and it currently operates a sortation center in Hillsboro and Prime Now hub in Portland. Additionally, there are more than 40,000 authors, sellers, and developers in Oregon growing their businesses and reaching new customers via Amazon products and services. “We are excited to continue growing in Oregon, creating 1,000 full-time jobs in Salem,” said Sanjay Shah, Amazon’s Vice President of North America Customer Fulfillment. “The support of Governor Brown, local leaders, and many others have been instrumental in our decision to locate the new fulfillment center in the state capital, and we are grateful for the support we’ve received to bring new jobs and investment to Oregon.” Click Read More below for additional detail.
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Gasoline, Crude Give Up Gains as Traders Assess Supply Position

Motor fuel prices fell 0.7 percent in New York, while crude futures slipped from the lowest closing level in five weeks. Valero Energy Corp. and Citgo Petroleum Corp. were said to be preparing to restart their refineries in Corpus Christi after Harvey moved through over the weekend. The storm, which made landfall on Friday, is poised to regain strength before crashing ashore again near the Texas-Louisiana border on Wednesday. “It is a question of the market reassessing the risk to refineries while also concluding we are past the peak season in terms of demand,” said Ole Hansen, head of commodity strategy at Saxo Bank A/S in Copenhagen. “We are seasonally heading towards a lower demand period which means that any signs of things beginning to normalize could have quite a negative impact on prices.” Click Read More below for additional detail.
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Lecta Publishes its Q2 2017 Results

For the second quarter ended 30 June 2017, Lecta had revenue of €360.7 million versus €357.6 million in the second quarter ended 30 June 2016, an increase of €3.1 million or +1%. This increase was attributable to: • Lower sales of CWF, Specialties and Purchased Products of €-4.6 million or -1%, from €341.6 million in 2Q2016 to €337.0 million in 2Q2017, resulting from lower sales volumes of 500 metric tons or -0%, 377,000 metric tons in 2Q2017 vs 377,500 metric tons in 2Q2016, and a decrease in average net sales price of -11€/t or -1%, 894€/t in 2Q2017 vs 905€/t in 2Q2016; and • Higher sales of energy of €+7.7 million or +48%, from €16.0 million in 2Q2016 to €23.7 million in 2Q2017, resulting from higher sales volumes of 10,000 MWh or +4%, 271,500 MWh in 2Q2017 vs 261,500 MWh in 2Q2016, and an increase in average sales price of +26€/MWh or +42%, 87€/MWh in 2Q2017 vs 61€/MWh in 2Q2016. The costs of raw materials and consumables used increased by €7.0 million, or +4%, from €182.5 million in 2Q2016 to €189.5 million in 2Q2017, and as a percentage of revenue they increased from 51.0% in 2Q2016 to 52.5% in 2Q2017. The absolute increase was mainly attributable to higher purchased volumes, and an increase in the average consumption prices of pulp of +38€/t and latex from 2Q2016 to 2Q2017. Click Read More below for additional detail.
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Shelter Titles Step Out of the Home

When Domino Media Group CEO Nathan Coyle was talking to Domino about its open CEO position last year, he wanted to ensure he could produce growth if he joined. He flipped through Domino magazine for inspiration, noticing people on nearly every page. Despite Domino’s reputation as a shelter title, talking home design, Coyle realized, “it’s also about the cool person that lives there.” He saw that as the opportunity. Readers flock to the magazine in order to find tips and tricks for their home décor, but they also see the person living in the chic home. Coyle believed they want to know more about that person, whether it’s where she goes for brunch, where she works out or where she shops. It was an epiphany: Domino would “have license to extend into adjacent categories.” Coyle had his plan and he took the job. Click Read More below for more of the story.
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Mount Fuji upside-down? And it’s PEFC-certified!

The final piece of the new Mount Fuji World Heritage Center in Japan is soon to be revealed. And the best part? The stunning structure is made from locally sourced wood from PEFC/SGEC-certified forests! Built with local Japanese cypress wood, the striking latticework structure resembles Mount Fuji upside-down. It is also the first construction project in Japan to achieve PEFC project certification. “We pioneered PEFC project certification to ensure that fantastic constructions such as this are able to take advantage of PEFC certification and demonstrate their sustainable credentials,” said Ben Gunneberg, CEO of PEFC International. PEFC project certification provides independent verification that the building was constructed with certified timber, without the need for all sub-contractors to be certified. Click Read More below for additional detail.
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Postal Service Eyes January Rate Hikes

The U.S. Postal Service (USPS) is planning to raise virtually all rates a bit in January, apparently including a one-cent hike of the Forever Stamp, to 50 cents. And it’s also hoping it will soon get the power to implement larger rate hikes. The USPS will raise rates for both market-dominant mail (such as First Class and Marketing Mail) and competitive mail (such as Priority Mail) on Jan. 21, 2018, postal officials told mailing-industry representatives this week. A postal official indicated that rates would rise from 1% to 3% for most market-dominant products, according to attendees at a meeting of the Mailers Technical Advisory Committee. Click Read More below for more of the story.
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NORPAC Announces Price Increase for UGW Grades

NORPAC announced that they will raise the price of their Norbrite grades by $35.00 per short ton ($1.75/cwt) effective with shipments/invoices on or after October 1, 2017. Specific grades affected by this change in pricing include: Norbrite 65 ;Norbrite 70; Norbrite 75; Norbrite Plus; Norbrite Offset; Norbrite 92 Max; Norbrite Book Blue White; Norbrite Book Cream; Norbrite Hybrid
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Gasoline Surges, Oil Declines as Harvey Shutters Refineries

Gasoline surged to the highest in two years and oil declined as flooding from Tropical Storm Harvey inundated refining centers along the Texas coast, shutting more than 10 percent of U.S. fuel-making capacity. Motor fuel prices rose as much as 6.8 percent, while New York oil futures slipped 0.9 percent. Harvey, the strongest storm to hit the U.S. since 2004, made landfall as a hurricane Friday, flooding cities and shutting plants able to process some 2.26 million barrels of oil a day. Pipelines were closed, potentially stranding crude in West Texas and interrupting gasoline supply. Click Read More below for more of the story.
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Gap Unveils Largest Flagship Store in Greater China on Shanghai’s West Nanjing Road

Gap Inc. today announced the opening of its new Gap flagship store on West Nanjing Road in Shanghai, its biggest flagship to date in the Greater China region. Featuring Gap’s full apparel collections and latest store design elements, the new flagship store underscores the importance of the China market for the company and its commitment to better serving Chinese customers. Additionally, the company will move its China retail headquarters team into the office space being created above the store in 2018. Located at No. 863 West Nanjing Road in Shanghai’s busiest commercial district, the 1908 square-meter and two-story flagship store is Gap’s largest in Greater China. The store showcases Gap’s contemporary store concept developed jointly by the company’s local and global store design teams and takes design inspiration both from the brand’s early heritage as well as new modern elements. Click Read More below for more of the story.
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Embossing Plus, MGI and Konica Minolta Announce First U.S. JETvarnish 3D Evolution Industry Service

Premier Minnesota trade finisher, Embossing Plus, has announced the launch of the first JETvarnish 3D Evolution (Evo) print enhancement services program in the United States. The MGI JETvarnish Evolution is the world’s first commercially available digital print enhancement press for application sizes up to 29x47”/75x120 cm (with substrate weights up to 800 GSM). Konica Minolta, MGI’s Global Partner, sold and deployed the equipment with a total solutions support package and an EngageIT Xmedia business development campaign to help create market awareness of the firm’s new business line. Embossing Plus was founded in 1987 by Leon Spencer and has since grown to provide national print campaign support programs that include the entire spectrum of post-press services. Click Read More below for additional detail.
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Domtar Inaugurates Its Second Generating Unit at Windsor Mill

Domtar is proud to inaugurate its second generating unit with a power output of 18 MW at its Windsor (Quebec) Mill. The start-up of its second generating unit, built for $36 million, will improve the energy efficiency of the mill produced from renewable resources while reducing production costs. "With the addition of its second generating unit, the Windsor Mill will become one of the major producers of renewable energy in the Eastern Townships. Our total production capacity will reach nearly 50 MW and will allow us to feed the equivalent of the annual energy consumption of 12,800 single-family dwellings. By using forest biomass as a fuel to produce green energy, Domtar demonstrates its commitment to innovation and sustainable development," declared Éric Ashby, General Manager of Domtar's Windsor Mill.
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Oil Trims Weekly Drop as Storm Heads for Texas; Gasoline Surges

Front-month crude futures rose 0.7 percent in New York, paring Thursday’s 2 percent decline. Gasoline gained as much as 4.6 percent. While some oil and gas production has shut in the Gulf, the storm is bearing down on an area in the U.S. state of Texas that is home to much of the nation’s refining capacity. If Harvey, currently a Category 2, makes the forecast landfall as a Category 3, it will be the strongest storm to hit since Wilma in 2005. U.S. gasoline prices for September rose to $1.7120 a gallon, the highest intraday price for a front-month contract since April. Ultra-low-sulfur diesel climbed as much as 2 percent to $1.6530 a gallon. Click Read More below for more of the story.
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HP and Deloitte Announce Alliance to Accelerate Digital Transformation of US$12 Trillion Global Manufacturing Industry

HP Inc. and Deloitte Consulting LLP announced a first-of-its-kind alliance to help accelerate the digital transformation of the global manufacturing industry. The two companies will collaborate on the implementation of HP’s 3D printing systems in large-scale manufacturing environments, applying their leading digital operations experience to help enterprises accelerate product design and production, create more flexible manufacturing and supply chains, and enhance efficiency across the manufacturing lifecycle. This can help increase innovation, accelerate time-to-market, reduce costs and waste, and help large enterprises compete more effectively in today’s dynamic global economy. The alliance will combine HP’s award-winning Jet Fusion 3D Printing solutions and tools, industry-leading partner ecosystem, and heritage of driving digital industrial transformations together with Deloitte’s global client reach and deep manufacturing relationships, extensive digital operations experience, and proven success in supply chain transformation for some of the world’s largest companies. Click Read More below for additional detail.
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Sears’ Q2 sales tumble; will close more stores

Sears Holdings Corp.'s second-quarter earnings beat the Street as it benefitted from cost-saving initiatives. But it continued to struggle with weak traffic and declining sales, and added 28 more locations to its long list of store closings. Sears reported that its second-quarter loss narrowed to $251 million, or $2.34 per share, in the quarter ended July 29, helped by cost savings resulting from the streamlining of operations and store closings. Losses, adjusted for one-time gains and costs, came to $1.16 per share. Analysts had expected a loss of $2.48 per share. Revenue fell 23% to a better-than-expected $4.37 billion in the period. Same-store sales were down 11.5%, worse than the expected 7.1% decline. Click Read More below for more of the story.
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Student Spending on Textbooks Declines to $579 or Less during 2016-2017 Academic Year

Research from Student Monitor® and the National Association of College Stores (NACS) found that student spending on textbooks and course materials declined for the second year in a row. The Student Watch survey from NACS reported a $23 decline in spending from $602 in in the 2015-2016 academic year to $579 in 2016-2017. Student Monitor reported a $64 decline from $607 in 2015-2016 academic year to $543 in 2016-2017. Spending on course materials has declined by around $100 over the past ten years, aroundt 15%, when the average spend was between $672 and $701. The transition to less expensive digital materials, increasing use of rental options for both print and digital materials, and a competitive retail market are among the factors that have led to the spending decline.Both studies found the average price per unit (new, used, print, digital, or rented) was $66 during the 2016 – 2017 academic year. The cost of new print textbooks declined by around 13% from $91 in the 2015 – 2016 academic year to $80 in the 2016-2017 academic year, according to Student Monitor. Click Read More below for additional detail.
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Ulta Beauty Announces Second Quarter 2017 Results

For the Second Quarter • Net sales increased 20.6% to $1,289.9 million from $1,069.2 million in the second quarter of fiscal 2016; • Comparable sales (sales for stores open at least 14 months and e-commerce sales) increased 11.7% compared to an increase of 14.4% in the second quarter of fiscal 2016. The 11.7% comparable sales increase was driven by 5.5% transaction growth and 6.2% growth in average ticket; • Retail comparable sales increased 8.3%, including salon comparable sales growth of 7.7%; • Salon sales increased 15.3% to $68.0 million from $59.0 million in the second quarter of fiscal 2016; • E-commerce sales grew 72.3% to $96.3 million from $55.9 million in the second quarter of fiscal 2016, representing 340 basis points of the total company comparable sales increase of 11.7%; • Gross profit as a percentage of net sales increased 40 basis points to 36.4% from 36.0% in the second quarter of fiscal 2016, due to improvements in merchandise margins and leverage in fixed store costs; Click Read More below for additional detail.
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October 1, 2017 US Price Increase on Resolute Forest Products’ White Paper Grades

Please be advised that effective with shipments on or after October 1, 2017, Resolute’s White Paper grades will increase by US$35/short ton. Products impacted by this price increase include, but are not limited to, the following: Ecopaque Offset, Ecopaque Laser, and Equal (Offset & Book); Hybrid (Smooth, Vellum & Envelope); Alternative (Opaque, Offset & Offset+); ResoluteSelect 75; ResoluteSelect 70, 65; ResoluteBook 85, 75, 70, 65, 60 & ResoluteBook 70 Cream; Alternative Book, Alternative Book Cream; ResoluteText 80, ResoluteText Cream; ResoluteSert 65 The increase will be applicable to all basis weights and finishes, and all up charges apply.
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UPM Price Increase Announcement

Effective with deliveries on or after October 1, 2017, UPM is increasing the transaction price of all Supercalendared and Coated Groundwood grades. The transaction price of Supercalendered (SC) grades will increase $2.00/cwt, including all basis weights and finishes. Grades impacted include: Eco; Impresse; Impresse Plus; Max; Cat; Smart The transaction price of Coated Groundwood grades will increase $1.00/cwt, including all basis weights and finishes. Grades impacted include: Cote; Ultra; Valor; Star. Please note that the Coated Groundwood portion of this price increase is being announced and implemented in addition to our previous price increase letter dated June 2, 2017, implemented on deliveries July 1 and later.
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J.Crew Group, Inc. Announces Second Quarter Fiscal 2017 Results

Second Quarter highlights: •Total revenues decreased 2% to $560.9 million. Comparable company sales decreased 5% following a decrease of 8% in the second quarter last year. •J.Crew sales decreased 7% to $443.1 million. J.Crew comparable sales decreased 8% following a decrease of 9% in the second quarter last year. •Madewell sales increased 19% to $93.1 million. Madewell comparable sales increased 11% following an increase of 3% in the second quarter last year. •Gross margin increased to 38.6% from 35.7% in the second quarter last year. Click Read More below for additional detail.
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1-800-FLOWERS.COM, Inc. Reports Results for Its Fiscal 2017 Fourth Quarter and Full Year

Fourth Quarter Highlights: Total revenues increased 2.2 percent to $239.5 million, compared with $234.4 million in the prior year period. On a comparable basis1, revenues increased 2.9 percent. EPS was $0.12 per share compared with a loss of $0.17 per share in the prior year period. Adjusted EPS1 was a loss of $0.11 per share compared with a loss of $0.14 per share in the prior year period. EBITDA1, excluding stock-based compensation, was a loss of $2.2 million, compared with a loss of $6.0 million in the prior year period. Adjusted EBITDA1 was a loss of $1.7 million compared with a loss of $2.9 million in the prior year period. Click Read More below for additional detail.
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Abercrombie & Fitch Reports Second Quarter Results

Abercrombie & Fitch Co. reported a GAAP net loss per diluted share of $0.23 for the second quarter ended July 29, 2017, compared to a GAAP net loss per diluted share of $0.19 for the second quarter last year. Excluding certain items, the company reported an adjusted non-GAAP net loss per diluted share of $0.16 for the quarter, compared to an adjusted non-GAAP net loss per diluted share of $0.25 last year. Year-over-year changes in foreign currency exchange rates did not have a meaningful impact on net loss per diluted share for the quarter. Click Read More below for additional detail.
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American Forest & Paper Association Releases July 2017 Printing-Writing Paper Report

According to the July 2017 Printing-Writing Monthly report from the American Forest & Paper Association, total printing-writing paper shipments decreased five percent in July compared to July 2016. This is the eleventh consecutive year-over-year decrease following a modest fractional increase in August 2016. All four printing-writing grade categories posted year-over-year shipment declines in July. Total printing-writing paper inventory levels increased two percent from June 2017. •July uncoated free sheet (UFS) paper shipments decreased year-over-year at the lowest rate since the last increase in August 2016. Imports of UFS decreased by 22% year-over-year in June while exports of UFS papers increased 41% year-over-year in June. The 68,200 tons exported in June was the highest level of UFS exports since March 2015. •Shipments of uncoated mechanical (UM) papers decreased year-over-year in June for the 13th consecutive month. Imports of UM increased 8% year-over-year in June while exports of UM decreased 14% year-over-year in June. •July shipments of coated free sheet (CFS) papers declined for the second consecutive month following the only year-over-year increase in 2017. Shipments of coated one-side free sheet papers decreased three percent year-over-year in July but remain flat for the year-to-date. U.S. imports of CFS papers increased 8% year-over-year in June while exports of CFS papers decreased 4% year-over-year in June. •Coated mechanical (CM) paper shipments declined year-over-year in July, the second consecutive decline. Imports of CM decreased in June, down 5% compared to June 2016 while exports of CM increased 12% in June.
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Vanguard Graphics Announces Change in Ownership

Kappa Media, LLC, and its controlling Member Nicholas Karabots, have announced the acquisition of the remaining partnership interest of Vanguard Graphics, LLC, from Mr. Steve Rossi. As of August 31, 2017, Kappa and one of its affiliates will have full ownership of Vanguard. Kappa purchased its original ownership stake in the company in April 2016. While the acquisition will not have an immediate impact on customers, vendors, or employees, the change in ownership illustrates the commitment of Kappa to continue to invest the capital necessary to position Vanguard for additional future growth. Click Read More below for additional detail.
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Empire Magazine Launches ‘EMPIRE CLASSICS’ Series

An extension to the highly successful monthly movie magazine, Empire Classics will offer film fans a specially curated celebration of the greatest iconic films and filmmakers. The first issue in the series is devoted to the Greatest Ever Action Movies Ever, focusing on the 54 films that have defined the genre. The experts at Empire deliberated, digested and finally divided the films into seven chapters entitled Comic Heroes, Adrenalin Rush, Tales of Adventure, At War, Making History, Spy Games and Wild West. Click Read More below for more of the story.
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Oil Steady as U.S. Crude Stockpiles Drop While Output Rises

“The most recent EIA stock update gave something for both bulls and bears to cheer about,” said Stephen Brennock, an analyst at PVM Oil Associates Ltd. in London. “As has become the norm, the fly in the ointment for bulls is the march higher in U.S. crude production.” U.S. gasoline inventories dropped by 1.22 million barrels to 229.9 million last week, the EIA reported Wednesday. Crude output increased by 26,000 barrels a day to 9.53 million, expanding for a second week. Click Read More below for additional detail.
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University of Maine Fort Kent and Irving Woodlands, LLC Partner to Enhance Forestry Research

The University of Maine at Fort Kent is pleased to welcome Neil Thompson as the Irving Woodlands, LLC. Professor of Forestry. A University of Maine System graduate, Thompson is no stranger to the diverse woodlands of Maine. “Mr. Thompson comes to UMFK with extensive research and teaching experience that will greatly benefit our students,” said UMFK President, Dr. John Short. “Our campus is very excited about the contributions we know he will make in the classroom and laboratories.” “All of us at Irving Woodlands are very excited to welcome Neil Thompson to the University of Maine at Fort Kent,” said Jason Limongelli, Vice President of Woodlands Division. “We look forward to working with Neil to advance the benefits of outcome-based forestry in Northern Maine and to address important issues like climate change, biodiversity and the spruce budworm.”
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Foundation stone of the Metsä Wood’s birch plywood mill laid in Pärnu, Estonia

The foundation stone of Metsä Wood’s new birch plywood mill was laid in Pärnu, Estonia. The greetings in the ceremony were delivered by the Minister of Public Administration of Estonia Mr. Jaak Aab and the President and CEO of Metsä Group Mr. Kari Jordan. “This is an important investment for Metsä Wood and the whole Metsä Group. It is done to better meet the globally growing plywood demand and to further improve Metsä Wood’s industrial efficiency. The new mill is a good example of Finnish-Estonian cooperation. Estonia has favourable business climate and it offers good logistical connections to our main markets.” said CEO of Metsä Group Kari Jordan in today’s ceremony. The annual birch plywood production capacity at the Pärnu mill will be 50 000 cubic metres and the total investment is approximately 55 million euros. Click Read More below for additional detail.
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Neenah Acquires New Lamination Capability for Paper Gift Cards

Neenah’s paper-based gift card offering is now significantly strengthened by the recent acquisition of a state of the art lamination asset from Hazen Paper. Hazen Paper is a world-class paper converter whose expertise and products enjoy wide acceptance in this growing market segment. As part of this asset acquisition, more than 25 experienced employees will join the Neenah team to ensure a smooth transition. Brands such as Amazon, Facebook and Ben & Jerry’s have chosen paper gift cards over plastic. The list of brands making the switch from plastic to paper gift cards grows longer every day. Paper cards eliminate the need for fossil fuel-based production, and keep toxic plastic gift cards out of the landfill. Click Read More below for additional detail.
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Norske Skog: Update on recapitalization process

Pursuant to the recommendation from the election and remuneration committee of Norske Skog announced earlier today, several changes in board of directors were proposed to the extraordinary general meeting to be held tomorrow, 24 August 2017. On this basis, the planned public launch of a revised recapitalization transaction will be postponed in order to provide the new board with an opportunity to review the recapitalization transaction and allow for discussions with relevant stakeholders prior to a public launch. In the interim, the work with finalizing the documentation for the committed EUR 16 million liquidity facility continues. As previously announced, a significant majority of senior secured bond holders (SSN) (EUR 290 mill, due in 2019) and the holders of the Norwegian Securitisation Facility (NSF) (EUR 100 mill, due in 2020) have committed to provide a EUR 16 million liquidity facility to support the operating business of Norske Skog. The work with finalizing the documentation for this liquidity facility is being progressed in an expedite manner. Click Read More below for additional detail.
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Italy embraces PEFC-certified timber for post-earthquake reconstruction

One year ago, a devastating earthquake hit central Italy. One year later, PEFC-certified wood is helping people to rebuild their homes, and their lives. Throughout the region, locally grown, PEFC-certified wood has helped to get children back into school and bring communities together. It provides assurances to the people in the region that they will be better prepared in case a similar event happens in the future, using wood as a raw material that can be sourced in harmony with nature. “Using wood has many excellent advantages,” said Gianluca Endrizzi from Rubner Group, the PEFC-certified company responsible for the construction of two stunning new nurseries in Guastalla (Emilia Romagna) and Norcia (Umbria). Click Read More below for more of the story.
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Atlantic Packaging Products Ltd Announces Strategic Partnership with York Container Company

Atlantic Packaging Products, Ltd., of Scarborough, Ontario, Canada, is pleased to announce the formation of a strategic partnership with York Container Company (YCC) of York, Pennsylvania. Details and terms of this partnership are not being disclosed. Stephen Tansey, President and representative of YCC's shareholders, commented "York Container is committed to growth and providing innovative solutions to our customers. We have enjoyed robust growth over the past several years, but we believe that in order to take our plans to the next level we need to partner with a like-minded company to expand geographically and extend our capabilities to a broader customer base. After an evaluation of our various options, we are thrilled to join forces with Atlantic. This is the best possible outcome for all of our stakeholders, in particular, our customers and employees." Irving Granovsky, Chairman of Atlantic Packaging, describes the rationale for this transaction: "Atlantic is always looking for progressive and well-managed companies to team up with. We feel York Container is a wonderful addition to our partnership portfolio." Click Read More below for additional detail.
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Evergreen Packaging Kicks Off 2017 Made By Milk® Contest with “Sports” Theme

Evergreen Packaging announced the launch of the Fall 2017 Made By Milk™ Carton Construction Contest. This year's contest theme – Sports – invites students to build milk carton creations inspired by games and recreation, from archery to ziplining, amateur to Olympic-level. Classroom teams can win up to $5,000 by building novel creations from empty milk or juice cartons repurposed from their school lunches. The deadline for submissions is November 15, 2017. "Now in its sixth year, the Made By Milk™ Contest gives students of all ages the opportunity to express their creativity while building design skills, teamwork and awareness of environmental issues including sustainability," said Katie Simmons, marketing manager at Evergreen Packaging. "We can't wait to see how students across the country will translate this year's Sports theme into imaginative carton creations." Click Read More below for additional detail.
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Structurlam is First Canadian Cross-Laminated Timber Manufacturer to Earn SFI Chain-Of-Custody Certification

The Sustainable Forestry Initiative Inc. (SFI) announced today that Structurlam is the first Canadian manufacturer of cross-laminated timber (CLT) to be certified to the SFI 2015-2019 Chain-of-Custody Standard. Structurlam blends the expertise of wood science with the ingenuity of European fabrication to produce mass timber products including CLT, the next-generation of engineered wood products. Structurlam has manufactured CLT for six years and supplied the product to over 350 projects in North America. Extensively tested, the product has vast applications for construction. “We are excited that Structurlam is the first CLT manufacturer in Canada to be certified to the SFI Chain of Custody Standard. A few months ago I had the opportunity to visit Structurlam’s site and was impressed with their commitment to sustainability and the innovation driving their product development. Many of Structurlam’s suppliers manage forestlands certified to SFI so it is great to know that Structurlam will continue to source and build with SFI certified materials,” said Kathy Abusow, President and CEO of SFI Inc. Click Read More below for more of the story.
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TC Media sells six of its publications: Le Journal Saint-François, Le Soleil de Châteauguay, Brossard Éclair, Le Courrier du Sud, L’information d’Affaires Rive-Sud, and Le Reflet

Transcontinental Inc.'s Media Sector, TC Media, announced today the sale of six of its publications, namely Le Journal Saint-François, Le Soleil de Châteauguay, Brossard Éclair, Le Courrier du Sud, L'information d'Affaires Rive-Sud and Le Reflet (Delson), as well as their related web properties, to Gravité Média, a group that includes Ms. Julie Voyer, former general manager at TC Media for the Montérégie region. The 55 employees of these publications are transferred to the acquirer. In addition, 9 employees from TC Media's Production and Finance teams will also pursue their careers with Gravité Média. The Corporation would like to thank the employees for their work and wishes them the best for the future. Furthermore, TC Transcontinental also concluded a multi-year agreement for the printing and distribution of these six publications. This transaction is part of the process for the sale of TC Media's local and regional newspapers in Quebec and Ontario, which was made public in a press release issued by Transcontinental Inc. on April 18.
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Forest2Market Report Shows Increased Demand for Wood Fiber Leads to Forest Growth

As the debate about the carbon benefits of generating electricity in Europe from wood pellets manufactured in the southern United States continues, a new Forest2Market report shows that growth in demand for forest products (e.g., lumber, paper, packaging and wood pellets) has led to greater forest productivity and a significant increase in the amount of forest inventory available for storing carbon. The report, Historical Perspective on the Relationship between Demand and Forest Productivity in the US South, analyzes US Forest Service data and other scientific research to understand the relationship between changes in demand and supply from 1953 to 2015. Click Read More below for additional detail.
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Staples, Inc. Announces Second Quarter 2017 Results

Staples, Inc. announced the results for its second quarter ended July 29, 2017. Total company sales for the second quarter of 2017 were $3.9 billion, a decrease of three percent compared to the second quarter of 2016. On a GAAP basis, the company reported net income from continuing operations of $63 million, or $0.10 per diluted share, for the second quarter of 2017. Second quarter 2017 results from continuing operations include pre-tax charges of $10 million primarily related to the proposed acquisition of the company by funds managed by Sycamore Partners. Total company comparable sales for the second quarter of 2017 declined one percent compared to the second quarter of 2016. Excluding the impact of certain charges taken during the second quarter of 2017, the company reported non-GAAP net income from continuing operations of $76 million, or $0.12 per diluted share. Click Read More below for additional detail.
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Catalog Industry Fly-in Finalized; Please Let Us Know If You’d Like to Attend ASAP

Please join the ACMA Board on Thursday, November 2nd, for a crucial catalog-focused lobbying day, as we'll spend a full day on Capitol Hill meeting with key members of Congress in all of our districts. • Date: Thursday, November 2, 2017, 9:00 - 5:30 pm E.T. • Cost: No fee - you just cover your own airfare, food and lodging costs • Purpose: To advance catalogers' primary goals in postal & remote sales tax • Attendance: Led by ACMA staff, our Board and our government relations firm, this event is open to all ACMA members and non-members. • RSVP: If you think you might be interested in joining us, please send us a quick email indicating so. You won't be "contractually bound" to it, but it will help us get a better idea as to how many industry members we should prepare for. Why We're Doing This - So far in 2017, Congress has made true progress in moving legislation that would reform the Postal Service and fix the growing problem of states taxing beyond their borders. Postal: The Postal Service Reform Act of 2017 (H.R. 756) received strong bipartisan support in the House Oversight and Government Reform Committee earlier this year. Now, the legislation needs approval of the House Ways and Means Committee, then the full House. Members of Congress need to hear from ACMA members so they know to support the legislation when it comes up for a vote. Click Read More below for additional detail.
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Oliver Printing & Packaging Company Acquires Pohlig Packaging

Oliver Printing & Packaging Company, a leading provider of print, display and packaging services, announced the acquisition of Pohlig Packaging, a packaging manufacturer based in Richmond, Virginia. Pohlig Packaging is a manufacturer of folding cartons, micro-fluted corrugated boxes and setup boxes, serving the food and grocery, consumer products, automotive aftermarket and healthcare markets. Click Read More below for additional detail.
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Neenah launches Kimdura DualTech Synthetic Paper

Neenah Paper has characterized its new synthetic paper as “a significant addition” to its portfolio of labels for harsh environments. The Neenah Performance Labels portfolio of high performing, highly engineered substrates is designed for applications in demanding conditions. Its Kimdura line of label stock has been used for more than 30 years for challenging applications – including labels and tags for drum chemicals, hazard communications, health care, industrial, logistical and outdoor. Kimdura DualTech is available at 3.5pt (98g/sqm), adds an option for both inkjet and laser printing platforms, and is compliant with BS 5609 Part 2 and 3. “Our customers expect Neenah to develop products to fit their evolving needs. Kimdura DualTech demonstrates best-in-class performance and chemical resistance with laser and inkjet printers, even when exposed to a wide range of industrial and household solvents,” said Srinivas Nomula, Senior Director of Marketing at Neenah Performance Labels & Specialties. “Similar products in the marketplace showed little or no resistance to industrial chemicals when printed using laser printers. Kimdura DualTech outperformed other labels, with even barcodes remaining legible during harsh testing environments.” Click Read More below for additional detail.
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Oil Halts Advance Near $48 on Signs U.S. Fuel Stockpiles Climbed

Futures lost 0.3 percent in New York after rebounding Tuesday from the biggest drop in a week. Motor fuel stockpiles gained by 1.4 million barrels last week, while crude inventories fell by 3.6 million barrels, the American Petroleum Institute was said to report. Energy Information Administration data Wednesday is forecast to show both gasoline and crude stockpiles decreased. U.S. crude stockpiles at Cushing, Oklahoma, the delivery point for WTI and the biggest U.S. oil-storage hub, dropped by 462,000 barrels last week, said the API, according to people familiar with the data. Nationwide crude inventories probably decreased by 3.48 million barrels last week, while gasoline supplies slid 1.25 million, according to analysts surveyed by Bloomberg. Click Read More below for additional detail.
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‘The Village Voice’ Ends Weekly Print Edition

The Village Voice is ending its weekly print product, which has been distributed for free in the New York City area since 1996. Back then, “Craigslist was in its infancy, Google and Facebook weren’t yet glimmers in the eyes of their founders, and alternative weeklies—and newspapers everywhere—were still packed with classified advertising,” Village Voice owner Peter Barbey stated. “Clearly, a lot has changed. That business has moved online—and so has the Voice’s audience, which expects us to do what we do ... every day, across a range of media, from words and pictures to podcasts, video, and even other forms of print publishing.” The alt-weekly paper, founded in 1955 and known for its coverage of New York City’s culture, social and political issues, as well as nightlife, will live online. Click Read More below for more of the story.
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Mondi to show how packaging addresses industry and consumer trends at PACK EXPO Las Vegas

Mondi will show how its packaging solutions are addressing industry and consumer trends at the 2017 PACK EXPO trade fair in Las Vegas. “Industrial customers and consumers today are sophisticated and demanding,” says Georg Kasperkovitz, CEO Mondi Consumer Packaging. “Whether for their own customers or themselves as end-users, brand managers prefer packaging that is convenient and that helps with the buying decision. Producers of consumer goods, food, animal feed and seed are asking the packaging industry for solutions and materials that are easy to use, increase brand recognition, differentiate at the point of sale, and build trust with consumers.” At PACK EXPO, Mondi will show how it is using its capabilities to meet customer needs in the North American market and addressing these trends with its wide range of packaging solutions, including flexible packaging, bags and pouches, barrier coatings, technical films, and industrial bags. With a focus on food and beverage packaging, Mondi’s booth will feature a special product discovery area allowing visitors to discover how Mondi’s products touch millions of lives, every day.
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Norske Skog: Stable operating performance

Norske Skog's gross operating earnings (EBITDA) in the second quarter 2017 were NOK 190 million, an increase from 158 million in the first quarter 2017. The European units contributed less to gross operating earnings than in the first quarter ; whereas, the Australasian units gross operating earnings improved. Operating earnings in the second quarter was NOK -52 million compared to positive operating earnings of NOK 2 million in the first quarter of 2017. Net loss in the second quarter was NOK 546 million compared with a net loss of NOK 274 million in the first quarter 2017. Cash flow from operating activities before net financial items seasonally increased from NOK 175 million in the first quarter 2017 to NOK 226 million in the second quarter 2017. Click Read More below for additional detail.
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SG360° Acquires Data Service Solutions (DSS), A Leading Integrated Finishing and Fulfillment Provider

SG360°, an industry-leading print and direct marketing solutions provider, announced the acquisition of Data Service Solutions (DSS), a leading integrated print finishing company. Terms of the transaction were not disclosed. The combination will create greater scale and a more diversified, robust offering that serves the complex needs of SG360° customers. The deal will enhance and support the growth of SG360°'s fulfillment business, and its location in the Bolingbrook corridor supports the firm's distribution strategy. Click Read More below for additional detail.
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Georgia-Pacific Announces Agreement To Sell Pine Chemicals Business To Ingevity

Georgia-Pacific LLC announced today that it has reached an agreement to sell its pine chemicals business to Ingevity for $315 million, including certain pine chemicals-related assets at the Crossett, Arkansas plant. The acquisition is subject to regulatory clearance and Ingevity and Georgia-Pacific expect to close on the transaction in late 2017. Separately, Ingevity will enter into several contract manufacturing arrangements for oilfield and mining products currently produced at other Georgia-Pacific facilities. The parties will also separately enter into a 20-year, market-based crude tall oil (CTO) supply contract. Click Read More below for additional detail.
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Inland Receives Two packagePRINTING Excellence Awards

packagePRINTING has announced that Inland, a leader in package technology headquartered in La Crosse, WI, has been recognized twice in their 31st Annual Excellence Awards. Inland received two Second Place Awards. Amongst impressive competition, Inland was awarded Second Place in the Label – Flexo (Offset) category with their AriZona Green Tea shrink sleeve label. Inland also received Second Place recognition for their New Belgium Single Foeder Felix pressure sensitive label in the Wine and Beer Labels – Flexo (Line and Text) category. Click Read More below for more of the story.
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New Survey Shows Canadians Still Prefer Print Over Digital

A survey published this month by Booknet Canada found that Canadians prefer reading books in print. It also found that more are opting to do their reading on smartphones, or listen to audiobooks. The results of the survey, which come from 750 respondents, found that 90% of respondents that had read a book in the last year had read a print book. However, 22% of respondents ranked reading last among a string of leisure activities that include browsing the Internet (33%), spending time with family (32%), watching TV (31%) and going to the movies (23%). BookNet Canada, a nonprofit book industry research organization, reported that 82% of respondents said they had read a book in the last year, about the same percentage as its 2016 survey found. The number of respondents who had read at least one book during the past year has been declining since 2014 though, when 88% of respondents reported reading at least one book. Click Read More below for more of the story.
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Sun Chemical Acquires Joules Angstrom U.V. Printing Inks Corp.

Sun Chemical has acquired Joules Angstrom U.V. Printing Inks Corp., a leading manufacturer of UV printing inks for converters in the commercial, packaging and specialty markets. By combining the complementary portfolio of products from the Pataskala, Ohio-based company with Sun Chemical’s full range of global resources, customers will benefit from the synergies between both companies. “This partnership will give both Sun Chemical and Joules Angstrom numerous opportunities to provide customers with expanded product lines and services,” said Charles Murray, President of North American Inks, Sun Chemical. “Joules Angstrom is a company built on technical excellence and customer satisfaction, and we plan to work together to provide customers with more exciting and innovative UV printing ink solutions.” Click Read More below for more of the story.
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Packaging Corporation of America Announces Agreement to Acquire Sacramento Container Corporation and Conversion of Wallula Mill Paper Machine to High-Performance 100% Virgin Linerboard

Packaging Corporation of America announced that it has entered into a definitive agreement to acquire substantially all of the assets of Sacramento Container Corporation, and 100% of the membership interests of Northern Sheets, LLC and Central California Sheets, LLC in a cash-free, debt-free transaction for a cash purchase price of $265 million. The Company has also announced that it will discontinue production of uncoated freesheet (UFS) and coated one-side (C1S) grades at its Wallula, Washington mill in the second quarter of 2018 to begin the conversion of its 200,000 ton-per-year No. 3 paper machine to a 400,000 ton-per-year high-performance 100% virgin kraft linerboard machine. The acquisition transaction is structured as a purchase of assets resulting in a full step-up of the assets to fair market value. Under the terms of the agreement, PCA will acquire full-line corrugated products and sheet feeder operations in McClellan, California and Kingsburg, California. Click Read More below for additional detail.
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Amcor Announces Full Year Results For the Year Ended 30 June 2017

Amcor’s CEO Mr Ron Delia said: “Amcor’s strong full-year results reflect the progress we have made on our strategic investments and the benefits of our broad mix of geographic exposures. Underlying PBIT and EPS grew 9 and 10 percent respectively on sales growth of 4 percent for the year, and cash flow was at the high end of our expectations. “Balanced earnings growth from a variety of sources again demonstrated the resilience of Amcor’s business and management teams. Earnings were up strongly in both the Flexibles and Rigid Plastics segments, driven by organic growth and acquisitions. Across developed markets, earnings grew at rates which exceeded overall market growth. In emerging markets, we delivered increased earnings in the face of difficult conditions in several countries. Click Read More below for additional detail.
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Oil Halts Slide Near $47 as U.S. Stockpiles Seen Extending Drop

Futures in New York were little changed after slumping 2.4 percent Monday. Inventories probably dropped by about 3.5 million barrels last week, according to a Bloomberg survey before an Energy Information Administration report on Wednesday. Libya has stopped loadings from its biggest oil field, while Venezuela’s exports also declined in the first half of August. “Right now, we are seeing a draw on the U.S. inventory stocks,” said Michael Poulsen, an analyst at Global Risk Management Ltd. As “the driving season is coming to an end, the question is if the latest draws in U.S. inventories will continue.” U.S. crude stockpiles have declined by almost 43 million barrels since the end of June, according to the Energy Information Administration. While inventories have eased, oil production has increased to the highest since July 2015. Output from major shale fields is also forecast to climb to a record next month. Click Read More below for additional detail.
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Less Than Meets the Eye: Print Book Use Is Falling Faster in Research Libraries

In late 2010, I was thinking quite a bit about book use in research libraries. The conventional wisdom was that “no one uses print books anymore” in libraries like mine, and indeed annual data provided by the Association of Research Libraries (ARL) showed a pretty clear decline in book circulations: between 1991 and 2008 (the most recent data available at that time), the number of initial circulations in ARL libraries had fallen by over a quarter. And when I ventured into the book stacks in my own library I usually found them spookily deserted. But I was haunted by a passing comment a colleague had made to me a few years earlier, noting that the conclusions we draw from library usage data can easily be confounded by changes in the library’s user population. It occurred to me that if we really want to understand what’s happening with regard to library patrons and printed books, we need to take into account the changing nature of our patron base. And the simplest and most consistent change in that population is growth over time: university enrollment tends to grow from year to year. Click Read More below for more of the story.
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New Speeds in Flexo Printing

With a culture of innovation, Dominion Packaging of Richmond, VA selected the latest technology in flexo printing to produce premium folding carton packaging for the tobacco, food and beverage markets when deciding its print direction. Its formula for success lies in the combination of state-of-the-art machinery and a market-focused strategy to provide exceptional product appeal. A key driver – to offer quality packaging at a modest cost – led the company to develop new technology using a flexo press operation capable of replacing jobs that were previously printed on both gravure and offset presses. The advancement is based on the successful installation of a TRESU Flexo Innovator press (FI1400-10, 55-inch, 10-units). The new Innovator is a flexographic in-line press equipped with rotec® High Speed Sleeves and rotec® Atlas Adapters from Flint Group. This particular combination of sleeves and adapters provides optimal control of plate bounce by absorbing press vibrations and providing added stability, thus permitting the press to run at faster speeds while still allowing for a solid kiss impression. Click Read More below for more of the story.
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The Tale of The Tape: The Literal Weight of the September Issues

Once again this year we decided to weigh the September issues. Without access to ad page data, book size becomes an increasingly more important indicator than in years past. And this year, the indicator is not good. September was always the one time when these publications truly believed big is beautiful, but they are starting to become as petite as those who grace their covers. To conduct this research we went out and procured the magazines the old fashioned way—on the newsstand. Here’s the rather disturbing thing: they weren’t all that easy to find. We visited a few different newsstands, asked the clerks about them, and were met with a blank stares. It wasn’t until we visited a major book retailer were we able to purchase all nine titles. Perhaps that alone is a telling enough indicator that the September issues don’t carry the weight they once did. Nevertheless, we still walked out of the store with nine magazines that weighed in at nearly 15 pounds (plus we got a really cool commemorative tote for buying Vogue). Still, that’s a loss of nearly five cumulative pounds versus last year. Nobody will congratulate these titles for their dramatic weight losses. Click Read More below for more of the story.
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Kentucky Printer to Install First RMGT 940 with LED-UV in the US

Copy Express of Lexington recently purchased the five-color RMGT 940ST-5+CC+LED-UV with coater offset press from Graphco. This is the first RMGT 940 press to be installed in the United States and the first RMGT 940 with coater to be delivered worldwide. Copy Express has seen tremendous growth in recent years, with president and owner Mark Hicks noting that he has made strategic acquisitions over the last several years to facilitate that expansion. “That’s how I grow as quickly as I want,” he notes. The combined company — which has consolidated under the Copy Express brand — is now the largest commercial printer in the area, counting most of the ad agencies, major corporations and universities among their growing client list. Click Read More below for additional detail.
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Smurfit Kappa, one of the world’s leading paper-based packaging firms, has acquired the Russian corrugated packaging company, Soyuz, reinforcing its position in the region.

Soyuz, based in Moscow, produces corrugated packaging for a range of sectors and has approximately 300 employees. Smurfit Kappa already has three plants in Saint Petersburg, Russia producing paper-based and Bag-in-Box® products for customers across Europe. This acquisition enables Smurfit Kappa to further strengthen its position in Russia and broaden its offering to its multinational and local customers. The acquisition also establishes Smurfit Kappa as the leading international corrugated packaging supplier in Russia. Click Read More below for additional detail.
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Kohl’s Invests in Stores and Opens Fifth E-Commerce Fulfillment Center to Enhance Omnichannel Capabilities

Kohl’s announced details of the company’s strategic plans to invest in its store base and enhance the capabilities of its e-commerce fulfillment network. During the third quarter, Kohl’s will open four small format stores and its fifth e-commerce fulfillment center. The company continues to make progress on its initiatives to optimize and rightsize select Kohl’s stores across the country. “Our stores remain at the core of our omnichannel strategy and we will continue to invest in them by opening smaller formats, rightsizing and optimizing our selling space and working to ensure that shopping in our stores is an engaging and inspiring experience for our customers,” said Kevin Mansell, Kohl’s chairman, chief executive officer and president. “We have set a goal to be the best-in-class omnichannel retailer and opening our fifth e-commerce distribution center will support the delivery of online orders faster and more efficiently to customers nationwide.” Click Read More below for additional detail.
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October 1, 2017 US Price Increase on Resolute Forest Products’ Coated & SC Grades

Please be advised that, effective with shipments on or after October 1, 2017, Resolute Forest Products will raise its Coated and SC paper prices by amounts specified below (see primary grades listed). The products impacted by the price increase include, but are not limited to, the following: ResoluteBrite 76 Gloss; ResoluteBrite 76 Satin; ResoluteGloss; ResoluteBlonde Gloss = + $1.00/cwt US and ResoluteSCA+; ResoluteSCA; ResoluteSCB; ResoluteSNC = + $2.00/cwt US. The increases will be applicable to all basis weights and finishes, and all up charges apply.
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Oil Holds Near 1-Week High as Biggest Libyan Oilfield Disrupted

Futures were little changed in New York after rising 3.7 percent the previous two sessions. Libya declared force majeure, a legal clause that allows the suspension of deliveries, on supplies from the Sharara field after it was blocked on Sunday, National Oil Corp. Chairman Mustafa Sanalla said. Drillers targeting crude trimmed the rig count by five to 763, the second decline this month, according to data Friday from Baker Hughes Inc. “The fragility of Libya’s production increase” was highlighted by the problem at Sharara, said Giovanni Staunovo, an analyst at UBS Group AG in Zurich. “Considering that the political situation and security issues remain unresolved, production gains can be quickly reversed.” Click Read More below for more of the story.
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Connecting the UK and the USA

The UK and the USA may be two countries “divided by a common language” but as far as media is concerned, the figures speak with the same clarity in every single tongue. As of today, Ink titles are now in front of more than three-fifths of all airline passengers crossing the Atlantic from the UK at every inkhour of every day, of every month, in every year. Ok, full disclosure: we can't offer you Ethiopian Air’s 3 flights a week from Addis Ababa (via Dublin) to LA, but we can provide American Airlines’ 175 weekly departures, as well as United’s 161 and Virgin Atlantic’s 160. That’s not to mention Norwegian’s new and expanding 787 fleet departing from London, Barcelona, Belfast, Oakland, Austin and many, many more locations. And let’s not forget Thomas Cook’s unassuming - yet strong – market position. They quietly ferry 41 flights a week to the land of the free and the home of the brave. Click Read More below for more of the story.
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Metsä Wood’s new Kerto® LVL line at Lohja mill starts up

Production at Metsä Wood's new Kerto® LVL line in Lohja has started. The construction project has progressed according to plan and in schedule. The investment is part of Metsä Wood's EUR 100 million investment program for Kerto® LVL and plywood, and it supports the company’s industrial efficiency strategy. At the Lohja mill, three Kerto LVL production lines were operating until the end of last year. With the investment, one of the old lines has been dismantled and another old line is being run down by the end of 2017. The new Kerto LVL line increases the mill’s production capacity by 20,000 m3 per year. The mill has a total capacity of 120,000 m3. The new line will reach full capacity within one year.
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Norske Skog: Update on the recapitalization process

Norske Skog has extended the deadline for the current exchange offers and consent solicitations to 23 August 2017. The existing short-term standstill agreements has also been extended to 23 August 2017, to allow for additional time to conclude the ongoing stakeholder discussions and finalisation of applicable documentation. The group has received a commitment letter for a EUR 16 million liquidity facility from the majority holders of the SSN (EUR 290m, 2019) bond and the NSF (EUR 100m, 2020) loan. Norske Skog plans to launch a revised recapitalization proposal with support from the majority holders of the SSN bond and the NSF loan early next week. The liquidity facility will allow Norske Skog to meet its operational cash flow needs. "We are very pleased that key stakeholders are supporting the business operations of the group through a committed liquidity facility. Our paper mills are highly competitive businesses with a prosperous future irrespective of the final solution to the group's capital structure." said Lars P.S. Sperre, President and CEO of Norske Skog. Click Read More below for additional detail.
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Help Make Certification SMART – get involved with the PEFC Stakeholder Dialogue

Participate, partner, promote or pitch a solution: there are many ways you can get involved with the 2017 PEFC Stakeholder Dialogue: Making Certification SMART. And we are looking forward to hearing from you! Our two-day dialogue (16-17 November 2017; Helsinki, Finland) will explore and discover the benefits and potential for incorporating technology solutions into forest certification. Join us as we exchange experiences and challenge each other to re-imagine how forest certification should re-equip for the next decade. Click Read More below for additional detail.
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Informed Delivery: The Future of Mail Connects Print and Digital

As the world around us becomes more digitized, it's not surprising that the U.S. Postal Service (USPS) has followed suit. In a recent webinar, "Informed Delivery: Connecting Mail to a Digital Experience," sponsored by Satori Software, Tom Glassman, Director of Data Services and Postal Affairs, Wilen Direct; and Bob Schimek, Senior Director, Postal Affairs, Satori Software, discussed the USPS Informed Delivery program and its benefits, usage and adoption in a digital environment. For those who don't know much about Informed Delivery, it's a program through the USPS that gives mail recipients the ability to view their mail electronically before it hits the mailbox. Schimek explained that there are two sides to Informed Delivery: the end consumer and the direct mail industry. The end consumer side provides access to mail recipients before the mail carrier shows up at their door via email and a mobile app. The industry side gives direct marketers and mailers some independence to decide what brand identifiers will be used alongside the scanned image of the mail. Some options include a representative color image or a "ride along" image, which is supplemental content to help identify the brand and can even include a call to action. Click Read More below for more of the story.
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New SFI Board Members Come Together to Enhance Community, Brand Owner and Youth Engagement

The Sustainable Forestry Initiative Inc. (SFI) welcomed two new officers and one new member to its Board of Directors: Mark Rodgers as Board Chair, Guy Gleysteen as Vice Chair, and Laura Downey as a new member in the social chamber. These new members will play a key role as SFI continues to enhance the sustainability of well-managed forests and the communities that depend on them across the U.S. and Canada. “Mark brings experience as a community leader and builder, Guy works as a senior executive overseeing global supply chains and Laura is known for her vision when it comes to youth environmental education. Their combined experience and skills will further SFI’s reputation and impact as a sustainability organization,” said Kathy Abusow, President and CEO of SFI Inc. SFI’s 18-member, multi-stakeholder board of directors comprises three chambers, representing environmental, economic and social interests equally. The Board’s diversity and independence allows it to play a meaningful role at the intersection of well-managed forests and thriving communities. Click Read More below for additional detail.
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Rayonier Advanced Materials and Tembec Announce Antitrust Clearance from the Competition Bureau of Canada in connection with the Transaction

Rayonier Advanced Materials Inc. and Tembec Inc. announced that they received clearance from the Competition Bureau of Canada, without condition, of the previously announced proposed statutory arrangement under Section 192 of the Canada Business Corporations Act involving the acquisition by Rayonier Advanced Materials of all of the outstanding shares of Tembec. In addition to clearance by the Competition Bureau, the Transaction already has received antitrust clearance from the Anti-Monopoly Bureau of the Ministry of Commerce of the People’s Republic of China, Germany’s Federal Cartel Office, and the United States Department of Justice and the Federal Trade Commission. As such, Rayonier Advanced Materials and Tembec have now received all required antitrust clearances. The Transaction has also been approved by Tembec’s shareholders and by the Québec Superior Court. Subject to obtaining other necessary approvals, as well as the satisfaction or waiver of other conditions to the Transaction, it is expected that the Transaction will be completed in the fourth quarter of 2017.
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Kruger Announces Pricing Actions

Effective with shipments October 1, 2017 and after, Kruger will increase the transaction price of all coated grades by $1.00/cwt. This includes: Krukote Offset, Krukote HI Bulk, Krukote 76, Krukote 80, Krukote Recycled. The increase will apply to all basis weights. Also, as stated in their letter of June 7, 2017, to the degree that it is not already fully implemented, it is Kruger's intention to fully implement the July 1, 2017 increase of $2.00/cwt on all of the grades listed above and all basis weights to all customers.
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Gap Inc. Reports Second Quarter Results

Gap Inc. reported results for the second quarter of fiscal year 2017. On a reported basis, Gap Inc.’s second quarter fiscal year 2017 diluted earnings per share were $0.68. On an adjusted basis, the company’s second quarter fiscal year 2017 diluted earnings per share were $0.58, excluding a $0.10 benefit from insurance proceeds related to the fire that occurred on the company’s Fishkill distribution center campus in fiscal year 2016 (the “Fishkill fire”). Net sales for the second quarter of fiscal year 2017 were $3.80 billion compared with $3.85 billion for the second quarter of fiscal year 2016. The translation of foreign currencies into U.S. dollars negatively impacted the company’s net sales for the second quarter of fiscal year 2017 by about $37 million. Click Read More below for additional detail.
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Appleton Coated Files State Petition for Receivership

Appleton Coated today said that it has filed a voluntary state Chapter 128 petition for receivership to allow the company’s operations to continue under the supervision of a court-appointed receiver named by the Outagamie County Circuit Court. Company officials said the petition and appointment of a receiver will allow the company to continue operations under the direction of the receiver, who will lead a process aimed at selling the company’s assets to a buyer who will continue operations. “Despite the best efforts of our employees and ownership group and the introduction of new products, this step is the best option at this point,” said Doug Osterberg, Appleton Coated’s president and chief executive officer. “While the company has made significant progress in diversifying its product offerings and entering new markets, the overall business climate is very challenging, and operating under a state court-appointed receiver is the best route to transition the business to sustained profitability.” He said the company’s bank has agreed to fund operations during the receivership and that the business will continue to operate during the transition. He added the company will be able to pay salary and wages and fund benefits for current employees. Click Read More below for additional detail.
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American Forest & Paper Association Releases July 2017 U.S. Packaging Papers & Specialty Packaging Monthly Report

Total Packaging Papers shipments were 230,900 tons, 4.7% higher than July 2016. Bag & Sack shipments were up 6.1% year-to-date, while Food Wrapping shipments were down 9.5% over the same period. The operating rate for July 2017 was 88.4%, in line with the year-to-date rate of 88.6%. Inventories were 173,100 tons, up slightly since June.
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American Forest & Paper Association Releases July 2017 Containerboard Report

Containerboard production was 5.2% higher compared to July 2016. The month-over-month average daily production compared to June 2017 was 1.7% higher. The containerboard operating rate for July increased from 96.3% to 97.9%, which was 2.8 percentage points higher compared to July of last year. Year-to-date production of containerboard for export is up 6.3%.
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Oil Set for Third Weekly Drop as Rising U.S. Output Blunts Cuts

Futures were little changed in New York, down 3.2 percent for the week. U.S. production had the biggest weekly advance since June, according to Energy Information Administration data on Wednesday, offsetting the largest decline in stockpiles in almost a year. Oil processing in China fell in July, the biggest decline for that particular month in three years, figures from the National Bureau of Statistics showed Monday. “Prices were unimpressed by the reported significant drop in oil inventories,” said Norbert Ruecker, head of commodities research at Julius Baer Group Ltd. in Zurich. “Instead, the market’s focus was possibly on robust U.S. output growth or the fact that the driving season and seasonal demand strength are set to ebb over the coming weeks.” U.S. crude output rose by 79,000 barrels a day to 9.5 million a day last week, the highest since July 2015, the Energy Information Administration reported Wednesday. Stockpiles declined for a seventh week to 466.5 million barrels. Click Read More below for additional detail.
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Graphic Packaging International to Launch New Machinery System, Robotic Integration Capabilities at drinktec 2017

At drinktec 2017, Graphic Packaging International (GPI) will reveal a new packaging machinery system and state-of-the-art robotic integration capabilities for the beverage industry, along with other industry-leading machinery and carton solutions. For the first time, the company will demonstrate ReShape™, a revolutionary technology capable of creating virtually any pack configuration seamlessly with one piece of packaging equipment. With ReShape, beverage manufacturers can reinvent, reimagine, and ReShape their cartons to produce the shapes and configurations they need today, along with unique structures for the future. "ReShape opens up many options in beverage packaging," said Doug Hicks, Director of GPI's Packaging Machinery Division. "The system can both internally and externally nest primary containers to create a variety of shapes and sizes with the potential to use less fiber. Also, unique handle designs deliver added comfort and strength." Click Read More below for additional detail.
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Working toward a more sustainable future in packaging design: UPM Raflatac joins Sustainable Packaging Coalition

UPM Raflatac has reinforced its commitment to building a more sustainable world by joining the Sustainable Packaging Coalition® (SPC). The SPC is a membership-based collaborative led by an independent non-profit that believes in the power of industry to make packaging more sustainable. UPM Raflatac joins more than 200 member companies, government officials and academic institutions. UPM Raflatac will also sponsor The SPC's upcoming SPC Advance conference in Pittsburgh this October. Through strong member support, an informed and science-based approach, supply chain collaborations and continuous outreach, the SPC endeavors to build packaging systems that encourage economic prosperity and a sustainable flow of materials. Sustainability is one of the key drivers of UPM Raflatac's product development - the company's labels are sustainable by design. UPM Raflatac supports environmental responsibility throughout the entire label lifecycle, from raw material sourcing to end-of-life treatment like recycling. Click Read More below for additional detail.
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Application Opportunities Await with Xerox’s New White Dry Ink

Imagine a snowflake with textured details on a postcard, a book cover with a white horse on a dark stock with vivid hues or an advertisement with white text that pops on a vinyl window cling. These types of specialty enhancements are a reality with Xerox’s new White Dry Ink for the Xerox iGen® 5 Press’ fifth print station. “This is exciting news for iGen 5 customers,” said Jim Hamilton, group director, Keypoint Intelligence InfoTrends. “This announcement opens up a whole new range of applications. Designers will love the ability to use white on colored and transparent substrates to create promotional items like brochures, business cards, greeting cards and invitations, point-of-purchase signage, direct mail postcards and letters, and book covers. The opportunities also extend to packaging applications like folding cartons.” Click Read More below for additional detail.
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The Home Depot Converting 50 Rooftops to Solar Farms

The Home Depot® today announced the addition of solar installations at 50 stores as it continues to expand its alternative energy portfolio, essentially creating mini solar farms out of unused rooftops. The project will reduce electricity grid demand by an estimated 30 to 35 percent annually at each Home Depot store; the equivalent of powering 2,300 average U.S. homes for a year. The average store roof, at approximately 104,000 square feet, will accommodate 1,000 panels. The Home Depot is working with Current, powered by GE, on 20 solar installations at stores in New Jersey, as well as eight stores in Connecticut, Maryland and Washington, DC. An additional 22 stores in California and New York will receive solar, of which six will utilize Tesla Powerpacks to store energy and dispatch additional power as needed. Click Read More below for additional detail.
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Verso Corporation Pricing Announcement – SC Papers and Coated #4 Grades

Consistent with our June 1, 2017 letter, prices for Supercalendered Web grades listed in that letter are increasing by $2.00/cwt USD/$2.70/cwt CAD. To the extent not already implemented, the pricing will apply to all new and existing orders with confirmed delivery dates of October 1, 2017 or later. Additionally, in reference to our July 27, 2017 letter for #4 Web grades, we are changing the implementation dates and amount of increase to read as follows: Effective with all new and existing orders with confirmed delivery dates of October 1, 2017 or later, Verso Corporation is increasing the transaction price of all #4 Web Grades by $1.00/cwt USD/$1.26/cwt CAD, including but not limited to: Liberty® web; Balance® web; New Era® Matte; New Era® ThinBulk. The increase applies to all basis weights, bulks, finishes and related private label grades.
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NORPAC Restructures Paper Machines to Remain Competitive in Face of Canadian Subsidized Competition

Determined to stay competitive in the face of Canadian government-subsidized competition, the North Pacific Paper Company (NORPAC) announced the reorganization of its operations. In October 2017, NORPAC will reduce its production capacity by idling one of its three paper machines and expanding the remaining capacity to serve customers. "As we seek to level the playing field under U.S. trade laws to counteract the dumped and subsidized imports from Canada, NORPAC will become a nimbler, stronger supplier to our customers by reorganizing around our two remaining paper machines," said Craig Anneberg, CEO of NORPAC. "Our company is constantly working to improve both our products and operations to remain competitive despite unfair import pricing and Canadian government-subsidized competition." "To keep our company competitive and protect our employees, NORPAC will use all the tools at its disposal under the U.S. trade law to address and counteract the dumped and subsidized imports from Canada," said Anneberg. Click Read More below for additional detail.
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Metsä Board’s Lidloc cup design chosen as a PPI Awards finalist

Metsä Board, the leading European producer of premium fresh fibre paperboards and part of Metsä Group, is pleased to announce that its revolutionary new paperboard cup design, ‘Lidloc’, has been selected as a finalist in the prestigious 2017 PPI Awards. The Lidloc design was chosen for the Packaging Innovation category, clearly reflecting how it has broken new ground in paperboard cup design. The design has a patent pending and is based upon an extension to a standard cup structure that folds and locks into an integrated lid. This innovative design completely removes the need for a separate plastic lid and will re-invent how paperboard cups are produced, consumed and recycled. Click Read More below for additional detail.
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L Brands Reports Second Quarter Earnings

The company reported net sales of $2.755 billion for the second quarter ended July 29, 2017, compared to sales of $2.890 billion for the second quarter ended July 30, 2016. The company reported a comparable sales decrease of 8 percent for the second quarter ended July 29, 2017. For the second quarter ended July 29, 2017, the exit of the swim and apparel categories had a negative impact of about 6 percentage points and 9 percentage points to total company and Victoria’s Secret comparable sales, respectively. The second quarter comparable sales decline of 8 percent was below the company’s expectations. Accordingly, the company’s guidance for the remainder of the year reflects a more conservative sales forecast than its previous guidance. The company updated its guidance for 2017 full-year earnings per share to $3.00 to $3.20 from $3.10 to $3.40 previously, and issued guidance for third quarter earnings per share between $0.25 and $0.30. Click Read More below for additional detail.
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American Forest & Paper Association Releases July 2017 Boxboard Report

Total boxboard production increased 2.9 percent when compared to July 2016, and increased 6.5 percent from last month. Unbleached Kraft Boxboard production increased over the same month as last year and increased compared to last month. Total Solid Bleached Boxboard & Liner production increased when compared to July 2016, and increased compared to last month. The production of Recycled Boxboard decreased compared to July 2016, and decreased when compared to last month.
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Oil Holds Near 3-Week Low as U.S. Output Climbs to Two-Year High

Futures were 0.4 percent lower in New York after falling 4.2 percent the previous three sessions. U.S. production had its biggest weekly gain since the end of June, climbing to the highest level since July 2015, according to Energy Information Administration data Wednesday. The increase offset the price impact of an 8.95-million-barrel decline in crude stockpiles, the biggest drop since September. U.S. crude output rose by 79,000 barrels a day last week to 9.5 million a day, the EIA reported. Crude stockpiles at Cushing, Oklahoma, the delivery point for WTI and the biggest U.S. oil-storage hub, expanded a second week to 57 million barrels. Gasoline inventories climbed by 22,000 barrels to 231 million. Click Read More below for additional detail.
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Crown Makes Significant Strides Against 2020 Sustainability Goals

One year into its five-year strategy to reduce energy consumption and greenhouse gas emissions, Crown Holdings, Inc. has already surpassed one of its stated goals. In 2016, the Company announced its plan to reduce energy consumption by 5% per billion standard units of production from 2015 levels by the end of 2020. As of December 31, 2016, Crown has reduced energy consumption by 5.3% per billion standard units. Absolute energy consumption has decreased by 1.3% while the Company increased production by over 4.2%. In addition, the Company is more than halfway towards its goal of reducing Scope 1 and Scope 2 greenhouse gas emissions by 10% per billion standard units of production from 2015 levels. As of December 31, 2016, Crown has reduced greenhouse gas emissions by 6.25% per billion standard units. Click Read More below for additional detail.
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Holmen’s interim report January-June 2017

Operating profit for January–June 2017 was SEK 1 152 million (January–June 2016: SEK 1 063 million, excluding items affecting comparability). The improvement in earnings was due to higher wood product prices, better earnings from forests and the divestiture of the newsprint mill in Madrid. Compared with the first quarter, operating profit decreased by SEK 102 million to SEK 525 million as a result of a maintenance shutdown within paperboard and seasonally lower hydro power production. Profit after tax for January–June amounted to SEK 880 million (587), which corresponds to earnings per share of SEK 10.5 (7.0). Click Read More below for additional detail.
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HP wins five-year Shutterfly deal – accelerates digital print momentum

HP Inc. announced a historic deal with Shutterfly, the world’s leading online retailer and manufacturer of high-quality personalized products and services, adding a second phase of HP Indigo 12000 Digital Presses and naming HP as its preferred digital press provider for its core business. The announcement comes just a year after Shutterfly acquired a first phase of HP Indigo 12000 Digital Presses, making the combined order the largest deal by far for HP Indigo. Shutterfly will use its new fleet of digital presses to produce a range of high-quality, personalized products and gifts including photo books, calendars, custom stationery, cards and keepsakes. The 29-inch format HP Indigo 12000 Digital Press enables production of these products through offset matching digital color with true photo quality, high productivity, and wide versatility on an unmatched range of media including synthetic, metalized and canvas applications. The new HP Indigo presses will be installed in time to help Shutterfly manage the annual boom of photo-based gift giving for the holiday season. Click Read More below for additional detail.
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Mayr-Melnhof Group Results for the First Half-Year 2017

The Group’s consolidated sales rose slightly from EUR 1,142.2 million to EUR 1,150.3 million. Both divisions contributed to this rise. At EUR 102.1 million, operating profit was EUR 8.7 million or 7.9 % below the value for the first half of the previous year (EUR 110.8 million). Thus, the Group's operating margin was at 8.9 %, following 9.7 % in the first six months of 2016. Financial income of EUR 1.3 million (1st half of 2016: EUR 1.6 million) was offset by financial expenses of EUR -2.9 million (1st half of 2016: EUR -3.2 million). Owing to the deconsolidation of the Tunisian packaging companies, a one-off expenditure of EUR 2.3 million was incurred due to the accumulated foreign currency translation, which is reported under “Other financial result – net”. Click Read More below for additional detail.
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Stein Mart, Inc. Reports Second Quarter Fiscal 2017 Results

Total sales for the second quarter of 2017 decreased 2.7 percent to $311.0 million, while comparable store sales decreased 5.0 percent. Ecommerce sales were up 41 percent over last year's second quarter. For the first six months of 2017, total sales decreased 4.0 percent to $648.4 million, while comparable store sales decreased 6.4 percent. Gross profit for the second quarter of 2017 was $64.7 million or 20.8 percent of sales compared to $89.4 million or 28.0 percent of sales in 2016. Gross profit for the first six months of 2017 was $160.2 million or 24.7 percent of sales compared to $198.3 million or 29.4 percent of sales in 2016. The lower gross profit rate for both periods reflects much higher markdowns and to a lesser extent higher occupancy costs that negatively leverage on lower sales. Click Read More below for additional detail.
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Bon-Ton Stores, Inc. Reports Second Quarter Fiscal 2017 Results

•Comparable store sales decreased 6.1% as compared with the prior year period. •Selling, general and administrative ("SG&A") expense decreased $20.7 million as compared with the second quarter of fiscal 2016. •Net loss in the current year second quarter was $33.2 million, or $1.64 per share, compared with net loss of $38.7 million, or $1.95 per share, in the second quarter of fiscal 2016. •Adjusted EBITDA totaled $9.1 million in the second quarter of fiscal 2017. Adjusted EBITDA in the second quarter of 2016 was $2.5 million. Click Read More below for additional detail.
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Walmart Reports Second Quarter 2017 Results

•Total revenue was $123.4 billion, an increase of $2.5 billion, or 2.1%. Excluding currency3, total revenue was $124.4 billion, an increase of $3.5 billion, or 2.9%. •Walmart U.S. comp sales1 increased 1.8% with traffic growth of 1.3%, marking the twelfth consecutive quarter with positive comp sales. •E-commerce growth at Walmart U.S. remained strong, led by organic growth through Walmart.com. Net sales and GMV grew 60% and 67%, respectively, as customers continued to respond well to new initiatives and an expanded assortment of more than 67 million SKUs. •Second quarter EPS included a charge of $0.17 for loss on extinguishment of debt in connection with the company's recently completed debt tender offers. This discrete charge was partially offset by the gain from the sale of the Suburbia business in Mexico, which benefited EPS by $0.05. Click Read More below for additional detail.
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Paper machine shutdown will cost 222 jobs in Calhoun, Tennessee

Resolute Forest Products announces production cuts to their paper business in Calhoun. The company will close paper machines #3 & #5 at the Calhoun plant. That will cost 222 jobs to the operation on the Hiwassee River at the McMinn/Bradley line. The company says they are still committed to the remaining operations at the plant. 491 workers will remain. Resolute has recently expanded operations there, investing in a tissue machine and converting operation, and a continuous pulp digester. Both will remain in operation. Click Read More below for more of the story.
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Sappi North America Announces Winners of 2017 Printer of the Year Competition

Sappi North America, a leading producer and supplier of diversified paper and packaging products, today announced the 12 Gold Award winners of its annual North American Printer of the Year contest. Regarded as the world's most respected accolade of excellence in printed communications, this award recognizes superior innovation and creativity in print across 11 categories for work produced on Sappi papers. The 2017 winners were chosen as the most outstanding print submissions from nearly 1,500 entries. Lithographix, Inc., a premier offset and grand format printer, is this year's 2017 Printer of the Year award winner. Based in Hawthorne, Calif., the printer was selected for the book “The 4th Phase Field Guide”, printed for Red Bull Media House, which highlights a beautiful collection of images shot during an epic four year, 16,000 mile journey across the picturesque North Pacific region. Printed on Sappi McCoy Silk paper, the book features legendary snowboarder Travis Rice, and was later adapted into an action movie. Click Read More below for additional detail.
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URBN Reports Q2 Results

Urban Outfitters, Inc., a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of Anthropologie, BHLDN, Free People, Terrain and Urban Outfitters brands and the Food and Beverage division, today announced net income of $50 million and $62 million for the three and six months ended July 31, 2017, respectively. Earnings per diluted share were $0.44 and $0.54 for the three and six months ended July 31, 2017, respectively. Total Company net sales for the second quarter of fiscal 2018 were $873 million, a 2% decrease as compared to the same quarter last year. Comparable Retail segment net sales, which include the comparable direct-to-consumer channel, decreased 4.9%. Click Read More below for additional detail.
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Pearson announces the sale of GEDU to Puxin Education

Pearson is announcing that it has completed the sale of Global Education (GEDU) to Puxin Education. The disposal, together with the sale of associated property assets, is expected to generate gross cash proceeds to Pearson in the region of $80m. GEDU is a leading provider of English language training and test preparation for Chinese students wishing to study abroad. In 2016 the business served 64,000 learners with revenue of £78m and an adjusted operating loss of £4m. In 2016 GEDU had approximately 1,900 FTE employees. Click Read More below for additional detail.
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