Blanks/USA, a market leader in die cut paper technology, has unveiled a new, patent pending product line called Lift Off™; the industry's first easy-to-release, print-ready, die cut paper product. Lift Off™ improves the quality of all digitally oriented die cut products and increases efficiency during assembly. "There's nothing else on the market like it—allowing you to digitally produce dimensional or die cut substrates," said Andy Ogren, CEO. Lift Off™ products are highly innovative, breaking away from industry standard perforated formats, which often result in accidentally ripping or tearing the product and tediously slow assembly.
Canfor Corporation (TSX:CFP), further to the Company’s news release dated November 15, 2018, announces that it has completed the purchase of 70% of the Vida Group (“VIDA”) of Sweden for a purchase price of 3,990 million Swedish Krona (approximately CAD$580 million).
“We are excited to welcome the VIDA team to Canfor and we are looking forward to working with VIDA to develop our business on a global scale,” said Don Kayne, President and Chief Executive Officer of Canfor. “We respect VIDA’s team, the quality of the wood products they produce, their strong customer relationships, and most importantly the value of the VIDA brand worldwide.”