Pearson, the world’s learning company, today announced the acquisition of industry-leading digital learning technology from Smart Sparrow, an ed tech innovator based in Sydney, Australia. The deal values Smart Sparrow’s assets at US $25 million. The technology being acquired will enhance Pearson’s current capabilities in adaptive learning significantly, and will help accelerate the roll-out of Pearson’s Global Learning Platform (GLP). The GLP is an engine that enables Pearson and its partners to launch breakthrough personalized learning experiences for students more quickly and with better outcomes.
Dennis Publishing, the company behind the nation’s most trusted weekly news magazine, The Week, announced it will be launching a weekly news magazine for children — The Week Junior following its stunning success in the United Kingdom. The magazine will be the first news weekly print magazine in the United States since The Week launched in 2001. The magazine has one simple goal of making sense of the world to young people through intelligent and exciting content expertly written to grab children’s attention and get them reading. The bold launch comes at a time of increased public interest in the emergence of Generation Alpha, highlighted by the global spotlight shined on Greta Thunberg. Generation Alpha is smart, curious, connected and hungry to know — a perfect community for a new magazine that reflects their interest in the world.
Two Sides North America has released three new fact sheets addressing key environmental topics related to paper and print. Download them by clicking the links below. Paper Recovery and Recycling (https://twosidesna.org/wp-content/uploads/sites/16/2019/11/Paper-Recovery-and-Recycling.pdf) Paper Production and Sustainable Forestry (https://twosidesna.org/wp-content/uploads/sites/16/2019/11/Sustainable-Forestry.pdf) Environmental Facts About the Canadian Paper Industry (https://twosidesna.org/wp-content/uploads/sites/16/2020/01/Environmental-Facts-About-the-Canadian-Paper-Industry_2019.pdf)
Gap Inc. announced that the company no longer intends to separate Old Navy into a standalone public company. “The plan to separate was rooted in our commitment to value creation from our portfolio of iconic brands,” said Robert Fisher, Gap Inc. interim president and chief executive officer. “While the objectives of the separation remain relevant, our board of directors has concluded that the cost and complexity of splitting into two companies, combined with softer business performance, limited our ability to create appropriate value from separation.” “The work we’ve done to prepare for the spin shone a bright light on operational inefficiencies and areas for improvement,” continued Fisher. “We have learned a lot and intend to operate Gap Inc. in a more rigorous and transformational manner that empowers our growth brands, Old Navy and Athleta, and appropriately focuses on profitability for Banana Republic and Gap brand.
American Forest & Paper Association (AF&PA) President and CEO Heidi Brock praised the Senate for ratifying the U.S. – Mexico – Canada (USMCA) trade agreement and issued the following statement: “Free and fair cross-border trade took an important step forward today with United States Senate approval of the USMCA – action we applaud. Long overdue revisions to the twenty-five-year-old trade agreement – including commitments to promoting sustainable forest management and legal trade in forest products – will further competition, economic growth and job creation.
National Average Price for Regular Unleaded Current: $2.560; Month Ago: $2.550; Year Ago: $2.242. National Average Price for Diesel Current: $3.001; Month Ago: $2.992; Year Ago: $2.927.
American Dollar to Canadian Dollar = 0.766249; American Dollar to Chinese Yuan = 0.145808; American Dollar to Euro = 1.111101; American Dollar to Japanese Yen = 0.009081; American Dollar to Mexican Peso = 0.053333.
Electronics For Imaging, Inc. will deliver the first EFI™ Cubik S700 industrial single-pass digital inkjet printer in North America to Mono, Ontario-based flooring manufacturer Kember Kreative Interiors in early 2020. The company purchased the printer for its Kember Flooring subsidiary in Michigan, where it will launch a research and development initiative that is expected to improve efficiencies and relieve existing production burdens. “The idea is to use the Cubik printer to replace our existing analog staining method,” said Peter Kember, owner and managing director of Kember Kreative Interiors. “One of the challenges we face today is to achieve a consistent color at the end of our production lines when using varying batches of substrates. Currently, we need to adjust stain formulas to compensate for the differences, which can take hours to perfect. The Cubik will enable us to classify each flooring plank – inline – and select the formula to achieve the desired end color.”
Responsible Wood is incredibly grateful for the efforts of those battling bushfires and remain primarily concerned for the wellbeing of people and communities affected by the bushfires. Responsible Wood, our PEFC member in Australia, has released a statement following the devastating fires in the country: Our thoughts are with those affected by the bushfire crisis along with the firefighters, emergency services and the many thousands of volunteers working to protect and support communities across Australia.
Minuteman Press International is proud to announce the promotion of Nick Titus to president. Nick is the third-generation president of Minuteman Press, which remains a family-owned and operated franchisor with world headquarters based in Long Island, N.Y. and nearly 1,000 independently owned and operated franchises worldwide. Previously, Nick was vice president of marketing. Bob Titus will remain the company’s CEO. Nick Titus says, “We have a tremendous company with incredible people who care about its success. Most importantly, the foundation and strength of our organization relies on having dedicated franchise owners. I believe that our company is strong and we are in a very good position for continued growth.”