Four Smurfit-Stone Container Corporation facilities received top honors and a total of 34 were recognized for outstanding safety achievement at the Pulp & Paper Safety Association’s (PPSA) 66th annual Safety and Health Conference.
The Reader’s Digest Association, Inc. (RDA) has reached agreement to sell the assets of Gareth Stevens, Inc., to Roger Rosen, owner and CEO of Rosen Publishing, and Gary Spears, a co-founder of Gareth Stevens in 1984. Terms of the agreement were not disclosed.
Caraustar Industries, Inc. (OTC: CSARQ) announced that the Bankruptcy Court for the Northern District of Georgia (the “Court’) granted final authorization for the company to borrow all amounts available under its $75 million debtor-in-possession credit facility (the “DIP Facility”) from General Electric Capital Corporation, pursuant to the terms and conditions of the DIP Facility Agreement, and to use the amounts borrowed under the DIP Facility to fund working capital and other general corporate needs.
Printing Industries of America, the world’s largest graphic arts trade association, issued the following statement today welcoming Inez Tenenbaum to chair the Consumer Product Safety Commission (CPSC).
ConAgra Foods, Inc., (NYSE: CAG) one of North Americas leading food companies, today reported results for the fiscal 2009 fourth quarter ended May 31, 2009. Overall sales grew 8%. Diluted EPS from continuing operations was $0.39 for the quarter, an increase of 129% from prior-year levels of $0.17.
Global Salaried Workforce Reduction of Approximately 1,600 Positions Expected to Yield Annualized Savings of About $150 Million
Lightweight Aluminum Solution Enables Deeper Drilling and Cost Savings Benefits
