Consumer Packaging Segment Achieves Record Quarterly, Full-Year Operating ProfitsCompany Makes Voluntary Pension Contribution; Cash Flow from Operations Remains StrongGross Profit Margin Expands to Highest Level Since 2006
Transcontinental has signed an agreement to sell its U.S. high-volume direct mail operations to IWCO Direct, a U.S.-company headquartered in Minnesota. The sale includes substantially all of the assets of Transcontinentals U.S. direct mail group in Warminster and Hamburg in Pennsylvania, and in Fort Worth, Texas and Downey, California. The transaction is subject to regulatory approval and is expected to close by the end of Transcontinentals second quarter.
Boston Print Buyers (BPB) will host a special social event on Wednesday, April 14th, at the Museum of Printing in North Andover, MA. Attendees will be treated to a tour of the Museum while mingling with other industry professionals and enjoying drinks and light refreshments.
During its meeting of February 9, 2010, the Board of Directors of Agfa-Gevaert has accepted Jo Cornu’s request to end his mandate as CEO of Agfa-Gevaert after the Annual General Meeting of Shareholders of April 27, 2010.
· Recovery of graphic markets continues · Strong operational fourth quarter results in all business groups · Further net debt reduction to 445 million Euro · Net result will be positive for the fourth quarter and for the full year
For the fifth time, the cosmopolitan city of Birmingham will host the international Ipex 2010 exhibition which will take place from 18th – 25th May 2010 at The NEC, Birmingham, UK. To ensure visitors can plan their visit to Ipex as effectively as possible, the Ipex organisers have teamed up with the Birmingham Convention Bureau (BCB) to launch a dedicated website about the Ipex exhibition in Birmingham: www.ipexinbirmingham.co.uk
The Board of Directors of Sonoco (NYSE:SON) today declared a regular quarterly dividend of $.27 per common share.
