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Home » Business News
Business News
Wednesday 18. March 2009

Sonoco Closing Lancaster, Ohio Paperboard Mill

Sonoco (NYSE: SON), one of the largest diversified global packaging companies, announced today that it will permanently close its Lancaster, Ohio, uncoated recycled paperboard mill, effective May 16, 2009, according to James Harrell, division vice president and general manager, Paper North America.

Tuesday 17. March 2009

FUJIFILM Sericol showcases euromedia and Acuity Advance X2 at Sign & Digital UK 2009

FUJIFILM Sericol today announces its plans for this year’s Sign & Digital UK (stand C20, Halls 6-8, NEC, Birmingham, 28 – 30 April 2009), with the first UK showing of the Acuity Advance X2 wide format UV inkjet printer and a focus on ‘euromedia’, FUJIFILM Sericol’s dedicated offering for Large Format Printing.

Tuesday 17. March 2009

Metso to reduce 718 employees in the Paper business line’s Finnish operations

Metso has concluded employee negotiations relating to the Finnish units of its Paper business line, excluding Metso Foundries Jyväskylä Oy, where negotiations are still continuing. The negotiations concerned all of the units’ employees in Finland, totaling approximately 3,800 people.

Tuesday 17. March 2009

X-RITE ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2008 FINANCIAL RESULTS

Company announces first quarter 2009 sales update

Tuesday 17. March 2009

Eric Armour Named President of Xerox’s Global Business and Strategic Marketing Group

Eric Armour has been named president of Xerox Corporation’s (NYSE: XRX) Global Business and Strategic Marketing Group. Armour, currently vice president, Corporate Strategy, succeeds Quincy Allen, who is leaving Xerox to pursue an opportunity with another firm.

Tuesday 17. March 2009

ABITIBIBOWATER ANNOUNCES EXTENSION OF EXPIRATION DATE FOR PRIVATE DEBT EXCHANGE OFFERS, CONSENT SOLICITATION AND CONCURRENT PRIVATE NOTES OFFERING

AbitibiBowater Inc. (“AbitibiBowater”) announced today that Bowater Finance II LLC, an indirect wholly owned subsidiary of AbitibiBowater, has extended the expiration date for its previously announced private exchange offers (the “Exchange Offers”), consent solicitation (the “Consent Solicitation”) and concurrent private notes offering (the “Concurrent Notes Offering”) until 11:59 p.m., New York City time, on March 20, 2009, unless further extended. The Exchange Offers, Consent Solicitation and Concurrent Notes Offering had been scheduled to expire at 11:59 p.m., New York City time, on March 13, 2009. As of March 13, 2009, approximately 54.5% of the outstanding 9.00% Debentures due 2009, 58.2% of the outstanding Floating Rate Senior Notes due 2010, 64.9% of the outstanding 7.95% Notes due 2011, 68.6% of the outstanding 9.50% Debentures due 2012, 79.2% of the outstanding 6.50% Notes due 2013 and 40.4% of the outstanding 9.375% Debentures due 2021 were validly tendered and not validly withdrawn in the Exchange Offers.

Tuesday 17. March 2009

PNEAC Announces 2009 Publication of the Year Awards

The Printers’ National Environmental Assistance Center (PNEAC) announces two winners of the Publication of the Year award.

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