Oracal USA is pleased to announce the promotion of Lisa Humrich to the newly created position of Marketing Manager at Oracal USA.
National Envelope Corporation (“NEC”) has announced that it has entered into an asset purchase agreement with NEV Holdings, LLC, an affiliate of The Gores Group, LLC. Under the agreement, NEV Holdings, LLC would acquire substantially all of the Companys assets, subject to the terms of the asset purchase agreement, for total cash consideration of approximately $134,500,000 and the assumption of certain liabilities including $20,000,000 of trade obligations.
National Envelope has received court approval for $25 million debter-in-possession financing. This will provide adequate monies to fund the company while it moves toward its 363 auction.
With a view to cultivating the North American market, we purchased Port Angeles Mill from James River Corporation (currently Georgia-Pacific Corporation) in 1988.
Marc Schmitz, 36, has been appointed to the executive team of auFeminin.com, Europes leading womens portal, as International Managing Director.
The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has announced a quarterly cash dividend of $0.20 per share.
International Paper (NYSE:IP) announced today that it reached agreement to sell 163,000 acres of properties located in the southeastern United States for approximately $200 million in a transaction with an affiliate of Rock Creek Capital (the “Partnership”).
