Brown Printing Company announced today that a bindery crew at their East Greenville, PA facility is the latest to qualify for the Goss International Pacesetter Club. The Pacesetter Club was established in 1997.
Boise Inc. (NYSE: BZ), a leading manufacturer of packaging products and papers, announced today that it received notice from the New York Stock Exchange (NYSE) that the company’s 30-day average share price met the requirements to restore compliance with the $1.00 minimum share price requirement for NYSE continued listing standards. On June 3, Boise Inc.’s common stock closed at $2.47 per share.
Company Surpasses Current Responsible Growth Goals
Øystein Stray Spetalen has informed Norske Skogindustrier ASA that he is withdrawing as a member of the board, effective immediately.
Domtar Corporation (NYSE/TSX: UFS) today announced that it had raised the tender cap from $250 million to $400 million (the “Tender Cap”), with respect to its previously announced tender offer for its outstanding 7.875% Notes due 2011 (CUSIP No. 257559AA2) (the “Notes”). As of the expiration of the early tender deadline at 5:00 p.m., New York City Time, on June 1, 2009, approximately $416 million aggregate principal amount of the Notes, representing approximately 77% of the outstanding Notes, had been validly tendered and not withdrawn.
Catalyst Paper has petitioned to the Supreme Court of British Columbia for judicial review of recently set property tax rates in North Cowichan, Port Alberni, Campbell River. The company intends to file a similar petition in Powell River on June 8, 2009. These are the four municipalities where its BC paper mills are located. It seeks declarations, under Section 262 of the Local Government Act, that the tax rates are unreasonable and therefore beyond the municipalities’ jurisdiction.
Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), a leading provider of advanced imaging and networking technologies for the desktop to the print shop, today announced that the company will unveil a new security and document control software solution at the GSA Expo 2009 (Booth #2721) in San Antonio, Texas next week (June 9-11, 2009).
