Stora Enso North America cut staff by 70 people at both its paper mill and recycled pulp mill in Duluth, MN in March. The cuts were in the mills’ production and maintenance areas. The paper mill produces about 240,000 tons/year of SC and SC+ papers.
A recent report said that the Steve Regan Co. of Salt Lake City has signed a contract with Dirigo Paper Co. to operate the mill in Gilman, VT, formerly owned by the bankrupt American Tissue Co. The one-machine mill has a capacity of about 65,000 tons/year of printing and writing paper. Re-start was due at the end of March.
Another former American Tissue Co. mill has been taken over by Atlantic Paper & Foil, Hauppauge, NY, which also happens to be the town in which American Tissue was based. The mill is in Winchester, NH and Atlantic, principally a converter, says it will upgrade the mill to support its expansions in the away-from-home and consumer-private label markets.
Appleton, based in Appleton, WI, has acquired two privately-held companies, C&H Packaging Co., Inc., Merrill, WI and American Plastics Co., Inc., Rhinelander, WI. C&H Packaging prints and converts flexible plastic packaging materials for companies in the food processing, household and industrial product, and medical device industries. American Plastics produces high-quality, custom multilayered films and commercial packaging. Terms were not disclosed. Appleton says the purchases are part of its strategy to acquire technology that will enable it to build on its expertise in coating applications and microencapsulation.
FiberMark, Inc., Brattleboro, VT, reports notification from the NYSE that it has fallen below the standard for continued listing. A shortfall in stockholders’ equity resulted from a goodwill impairment charge taken during 2002. The company can choose to develop a plan to regain compliance. The plan, if acceptable to the NYSE, must be implemented within 18 months of acceptance. Should it be delisted, FiberMark says an alternative trading venue would be available.
The Association of Independent Corrugated Converters (AICC) is accepting entries for its 11th International Corrugated Packaging Design Competition, A Golden Gate to a New Century: New Solutions for New Challenges. The 17 categories provide opportunities for independent boxplants to showcase their best corrugated designs in a variety of structural- and graphics-based categories. All entries will be judged and exhibited during the AICC 2003 Annual Fall Meeting in September (See Events). Companies may enter the competition online or use the paper entry forms, both available at www.aiccbox.org/pdc.
Cascades Inc. has awarded Voith Inc. contracts for coater rebuilds at the Toronto, ON, and St. Jerome, QC, mills. Toronto makes multi-ply board and a single air-knife coater will be rebuilt to a dual air-knife metering assembly. St. Jerome makes fine paper and Voith will refurbish a film press coater to replace a size press on PM 8.
Metso Paper said in late May, it will cut staff in Finland and Sweden by about 300 people by the end of 2003. In a press release, Metso said “The personnel reduction is related to the renewal of Metso Paper’s operating model, targeting at a clear improvement in operational efficiency and profitability in the current market situation.” The focus will be on new, growing market areas and strengthening resources especially in China and South America. There will be changes in the organizational structure in North America, too. PI