UPM has sold its Ella Store Labels business to MariCap Group’s Finnish affiliate MariSense Ltd.
Mitsubishi Lithographic Presses announced today that Greg Kukla, a longtime district sales manager for sheetfed presses, has been promoted to the position of Midwest regional sales director, effective immediately.
“The entire progam was a home run.”
American Reprographics Company (NYSE: ARP), the nation’s leading provider of reprographics services and technology, today announced a company-wide payroll reduction of five percent, and a voluntary 50% salary reduction for CEO K. Suriyakumar as it continues its cost cutting efforts.
Neenah Paper, Inc. (NYSE:NP) today reported a loss from continuing operations for the fourth quarter of 2008 of $67.0 million, or $4.58 per diluted common share, including after-tax charges of $54.0 million, or $3.69 per diluted common share, related to the impairment of German goodwill and $3.9 million, or $0.27 per share, to increase current tax expense to reflect limitations on tax benefits associated with the Fox River acquisition.
Domtar Corporation announced today that its Board of Directors has approved a proposal to effect a reverse stock split of the Company’s outstanding common stock (NYSE/TSX: UFS) and a corresponding reverse split of the outstanding exchangeable shares issued by the Company’s indirect subsidiary, Domtar (Canada) Paper Inc. (TSX: UFX).
Seiko Epson Corporation (“Epson”) and Sony Corporation (“Sony”) today announced that they will begin discussions about an alliance in the field of small- and medium-sized liquid crystal displays (LCDs), including the transfer of a part of business assets of Epson to Sony. The parties hope to enter into a legally-binding definitive agreement by the end of June, 2009.
