Official Board Markets articles from March 2007

Official Board Markets archives from March 2007

TI to break up.(UNLOCKING SHAREHOLDER VALUE)
March 3, 2007... Temple-Inland Inc. (TI), Austin, Texas, says it will unlock shareholder value by separating into three focused, stand-alone, public companies and the sale of its strategic timberland. The plan includes: * Retaining its manufacturing...

SSCC sets targets.
March 3, 2007... In its 10-K filing last week, Smurfit-Stone Container Corp. (SSCC), Chicago, detailed its targets for this year and what it accomplished last year. For this year, the company is targeting $177 million in incremental savings and...

Transacted containerboard prices.
March 3, 2007... Average transacted price levels are tabulated by obtaining paid prices from independent converters purchasing linerboard and medium. All prices are intended as a reference standard only. Transactions may be concluded at any time at any...

Fire damages advance packaging.(NEW BUILDING)
March 3, 2007... Advance Packaging, Grand Rapids, Mich., suffered an estimated half a million dollars in damage when a baler caught on Feb. 23, reports the 24 Hour News 8 television station. The fire was put out about two hours later after approximately 250...

GPI mill suffers fire.(IN WEST MONROE, LA)(Graphic Packaging International Corp.)(Brief article)
March 3, 2007... A mechanical fault appears to have caused a wood chip conveyor belt to burst into flames on Feb. 23 at the Graphic Packaging International Inc. (GPI) paperboard mill in West Monroe, La. Damages have not been determined, reports The News Star....

Caraustar sales down, Greif's sales are up.(GREIF'S ROSE 29 PERCENT)
March 3, 2007... Caraustar Industries, inc. reports sales from continuing operations for the fourth quarter of $215.1 million compared to sales of $238.7 million for the same quarter in 2005. Net loss from continuing operations for the fourth quarter of 2006...

Parlor City installs new press.(FROM KBA)
March 3, 2007... Parlor City Paper Box, a Binghamton, N.Y.-based paperboard packaging company, is expanding its customer base and dramatically reducing its makeready times after the smooth installation of its second KBA press: a Rapida 105 41-inch seven-color...

Amtech to install Top Gun at Dot Packaging.(WAREHOUSE FUNCTIONS)(Dot Packaging Group-Clarke Inc.)(Brief article)
March 3, 2007... Amtech sold its Top Gun software to Dot Packaging, headquartered in Batavia, Ill. It's part of Amtech's comprehensive Imaginera system, which will allow Dot Packaging to manage warehouse functions such as materials receiving, movements, truck...

Mitsubishi Lithographic Presses.(People Update)
March 3, 2007... Tom Fitzgerald joins Mitsubishi Lithographic Presses, Lincolnshire, Ill., as district sales representative, serving the printing press manufacturer's Midwest region. He will be responsible for sales of sheetfed presses in Indiana, Kentucky,...

Newark Group to increase prices.(EIGHT PERCENT)
March 3, 2007... The Newark Group Paperboard Products Division informed customers on Feb. 20 of a price increase. The increase will be effective with all orders shipped on or after March 12. "The major producers of uncoated recycled paperboard recently...

Victory Pkg. leases mass. warehouse.(IN MILFORD, MASS.)
March 3, 2007... Victory Packaging, Houston, Texas, has agreed to share a lease with Ikon on a nearly 325,000-square-foot warehouse in Milford, Mass. Ikon and Victory will share equal halves of the warehouse. Ikon will use about 40,000 square feet for...

Flint North American headquarters to relocate.(FROM ANN ARBOR, MICH)
March 3, 2007... Flint Group's offices in Ann Arbor, Mich., Hill relocate early this month. The company's administrative offices Hill move to a Plymouth, Mich., and the laboratories Hill relocate to Ypsilanti, Mich. The moves come as a result of corporate...

FBA panelists to discuss Future of Corrugated.(AT SPRING MEETING)
March 3, 2007... Panelists for the Fibre Box Association's "Future of Corrugated Packaging" presentation at the 2007 FBA Annual Meeting have been announced. Value chain experts will share their insights on trends and opportunities for corrugated over the next...

OCC prices go wild.(DOMESTIC MILLS SCRAMBLE)(old corrugated containers )
March 3, 2007... If you're an industry veteran in the buying and selling of recovered paper, the chaotic pricing developments of the past couple of weeks can't help but remind you of the summer of i995, when OCC prices took off like a rocket (hitting $200 per...

Transacted paper stock prices--high grades.(Statistical table)(Brief article)
March 3, 2007... Transacted Paper Stock Prices--High Grades For detailed chart explanation, see page 11 White Coated New DLK News Soft Wht. Cuttings ...

Unions' power could grow: under the new proposed legislation, they could use a "card check" to organize a company's employees.(BATTLE LOOMING)
March 3, 2007... Legislation is being introduced this spring to change the rules by which unions can organize employees of private companies, obviously including those in the paperboard converting industry. The law, called the "Employee Free Choice Act" by...

WPM to distribute DuPont products.(CANADIAN FLEXO MARKET)
March 3, 2007... DuPont Products Williamson Printing Materials Ltd. (WPM), Grimsby, Ontario, now will distribute DuPont Packaging Graphics' full line of flexographic products in Canada. Serving the Canadian flexo market for almost 55 years, WPM is the only...

R & M releases box report.(U.S. AND ITS FOREIGN TRADE)
March 3, 2007... Research and Markets (R & M) adds the report, Corrugated and Solid Fiber Box Manufacturing Industry in the U.S. and its Foreign Trade (1996-2008), to its offerings. This industry report focuses upon the corrugated and solid fiber box...

SSCC teams with Quality Associates.(TURNKEY PACKAGING)
March 3, 2007... Quality Associates, Inc., Cincinnati, and Smurfit-Stone Container Corp. (SSCC), Chicago, will now be providing consumer products and retail customers with a Minority Business Enterprise (MBE) partner called Quality Associates, L.L.C. It will...

FBA members very satisfied.(WITH SERVICES OFFERED)
March 3, 2007... Fibre Box Association (FBA) member companies were recently surveyed to assess industry challenges, how well the association helps them in meeting them, and satisfaction with membership benefits. Overall results show high levels of satisfaction...

JB Machinery donates drying system.(THROUGH ICPF)
March 3, 2007... The International Corrugated Packaging Foundation (ICPF) reports the completed installation of another JB Machinery infrared (IR) drying system in the Package and Label Printing Lab at the Fox Valley Technical College in Appleton, Wis. The...

California Cities ban styrofoam.(USE PAPERBOARD)
March 3, 2007... In a move to protect the environment, the Calabasas, Calif., city council last week voted unanimously to ban polystyrene food packaging in the city, reports the Ventura County Star. Instead, food services operating within city limits must use...

ICPF holds record careers in corrugated teleconference.(375-400 STUDENTS)
March 3, 2007... In spite of a major snow storm across the Midwest and midAtlantic region, a record 13 colleges and universities with an estimated 375 to 400 students participated in the International Corrugated Packaging Foundation's (ICPF), eighth annual...

Scorecard will reward environmentally correct.(DETAILED AT PPC MEETING)
March 10, 2007... For decades, Bentonville, Ark.-based retail giant Wal-Mart has marketed its low, everyday prices. It always will, of course. But its priorities are evolving. For example, it is now promoting hard its Packaging Scorecard program (which went live...

Transacted containerboard prices.
March 10, 2007... Average transacted price levels are tabulated by obtaining paid prices from independent converters purchasing linerboard and medium. All prices are intended as a reference standard only. Transactions may be concluded at any time at any price...

GP plant is laying off 60.
March 10, 2007... Reduced demand for its products is prompting the Georgia-Pacific corrugated plant in the Martinsville, Va., to lay off about one-third of its employees, according to a company official. The plant, formerly known as J & J Corrugated, is...

Koch changes GP philosophy.(NOW MARKET-BASED MANAGEMENT)
March 10, 2007... Koch Industries Inc., Wichita, Kan., has owned Georgia-Pacific Corp. (GP) for over a year now. Privately held Koch considers its free market philosophy, market-based management (MBM), special and has even trademarked it, reports The Atlanta...

KapStone changes stock symbol.(CORPORATE NAME CHANGE)(KapStone Paper and Packaging Corp.)(Brief article)
March 10, 2007... The symbols for Northfield, Ill.-based KapStone Paper and Packaging Corp.'s stock, warrants and units as quoted on the over-the-counter bulletin board have changed to KPPC, KPPCW and KPPCU respectively. The changes are due to the recent...

IP named Most Admired by Fortune.(IN FOREST & PAPER SECTOR)
March 10, 2007... International Paper, Memphis, Tenn., has again been named by Fortune magazine as the No. 1 company for the Forest and Paper Products sector in Fortune's annual report of "America's Most Admired Companies." The company also earned the eighth...

Plastic to outpace paper in select packaging markets.(ACCORDING TO REPORT)
March 10, 2007... In 18 selected markets in the U.S. where plastic and paper compete as packaging materials, plastic is expected to increase its share of the market to 53 percent (in pounds) in 2010. This percentage understates plastic's share since less plastic...

Packaging specialists consolidates.(ONE BUILDING IN PITTSBURGH BY 2008)
March 10, 2007... Packaging Specialists LLC, an independent sheet plant, plans to consolidate its current Pittsburgh area offices into roughly 200,000 sq ft of warehouse and office space, says Fred Broad, president. The move could lead to an initial...

Sonoco plans another price hike.($50 PER TON)
March 10, 2007... Sonoco, Hartsville, S.C., will increase prices in North America for all uncoated recycled paperboard by $50 per ton, effective with shipments on March 15. This new price change is in addition to the company's previously announced $40 to $50 per...

NAPA awards student designers.(JUDGES CHOSE FAVORITES TOO)
March 10, 2007... The North American Packaging Association's (NAPA) Student Design Case Study and Competition chose Carolyn Hunter and Amy Rohr from Mohawk College of Design as the Folding Carton Gold Award winner in its Unisex Spa Products Promotion. Their...

Capra will cover next generation leaders.(AT AICC SPRING MEETING)
March 10, 2007... The Association of Independent Corrugated Converters (AICC) Spring Meeting will occur April 18-21 at the J.W. Marriott Grande Lakes Resort in Orlando. On April 20 Eric Capra, director, Grupo Comeca, Costa Rica, will discuss developing and...

Woodward installs turners and aerators.(NORTH AMERICAN CLIENTS)
March 10, 2007... E-Z-EM Canada, Inc., a pharmaceutical packaging plant in Montreal, has taken delivery of a Woodward load turner model FL4840HLT. This unit turns loads 180 degrees in seconds with the push of a button. It has a 40- by 48-in. capacity and handles...

Shorewood replaces jewel case.(MELISSA ETHERIDGE CD)
March 10, 2007... Melissa Etheridge's "Greatest Hits: The Road Less Traveled" will be re-released this week by Universal Music Enterprises (UME) in its groundbreaking environmentally friendly packaging format, reports Market Wise. A first for the music industry,...

WMU to hold its coating course in July.(JULY 9-12)
March 10, 2007... Western Michigan University (WMU) is offering its famed paper coating course in July. Hundreds of paper makers and suppliers have taken WMU's coating course since its inception. It features classroom instruction, laboratory workshops, and pilot...

Signature[TM] folder-gluers.(Product Update)
March 10, 2007... Signature[TM] folder-gluers, exclusively delivered by American International Machinery (AIM), include an optional third backfold station designed to produce an outfold or infold front six-corner carton. This solution does not require additional...

AICC to hold second Designers Workshop.(MAY 17-18 IN DALLAS)
March 10, 2007... AICC will hold its second annual Designers Workshop for structural designers and sales staff in the corrugated industry on May 17-18 in Dallas. The objective of the training is to strengthen the designers' knowledge in raw materials,...

Oracle Packaging installs new press.(HEIDELBERG SPEEDMASTER)
March 10, 2007... Oracle Packaging expanded its operations in Winston-Salem, N.C., by installing an elevated Heidelberg Speedmaster XL 105-8+LX press with image control to handle its folding carton work. The XL 105 is the company's first Heidelberg press and...

Port Townsend files reorganization plan.(IN WASHINGTON)
March 10, 2007... Port Townsend Paper Corp., Port Townsend, Wash., has received final approval on its debtor-in-possession financing from the U.S. Bankruptcy Court for the Western District of Washington. It also filed its plan of reorganization and disclosure...

Transacted boxboard prices.
March 10, 2007... The prices tabulated here are intended only as a reference standard to the current levels commonly prevailing in a representative proportion of the U.S. contract transactions. The prices listed do not connote any agreement or commitment by any...

Central Paper buys Sunshine Recycling.(IN ST. LOUIS)
March 10, 2007... Central Paper Stock, St. Louis, Mo., buys Sunshine Recycling, a document destruction and recycling company in St Louis. Terms were not disclosed. In addition to integrating Sunshine's document destruction operations, Central has also added...

New book to benefit flexo education.(BY KATHERINE HARPER)
March 10, 2007... All of the proceeds from Katherine Harper's new book, The Longer I Live, The More I Learn, a memoir detailing the trials, tribulations and accomplishments of her life, will be contributed to flexographic education through The Phoenix Challenge...

Diamond Pkg wins Advertising Award.(INTERNATIONAL MOBIUS COMPETITION)
March 10, 2007... Diamond Packaging, Rochester, N.Y., earned recognition in the 36th International Mobius Advertising Awards Competition, the advertising industry's most prestigious international competition honoring outstanding achievements in television and...

Transacted paper stock prices--low grades.(Statistical table)
March 10, 2007... Transacted Paper Stock Prices--Low Grades Mixed Boxboard Paper Cuttings News (1) (4) (6) Chicago $70-75 (+5) ...

Playing catch-up on West Coast.(RECOVERED PAPER)(Brief article)
March 10, 2007... The past couple of months have seen recovered paper prices rise significantly in many regions of the U.S. A number of readers on the West Coast have pointed out that price increases in a number of the high grades in Los Angeles, San Francisco...

Nine Dragons reports profit leap.(IN CHINA)(Financial report)
March 10, 2007... China's biggest containerboard maker, Nine Dragons Paper Ltd., reports a 69.2 percent surge in net profit for the first half of this fiscal year, reports Forbes. Its shares were floated on the Hong Kong Stock Exchange a year ago. Since then it...

Caraustar increases prices.(FOR RECYCLED PAPERBOARD)
March 10, 2007... Caraustar Industries, Inc., Atlanta, will increase prices for all grades of uncoated and coated recycled paperboard by $50 per ton effective with shipments beginning March 19. This price increase is in addition to previously announced increases...

Sonoco increases specialty product prices.(FOR TUBES AND CORES)
March 10, 2007... Sonoco, Hartsville, S.C., will increase prices for its paper-based tubes and cores and related specialty products by an additional 8 percent in the United States and Canada effective with shipments on or after April 1. "This increase,...

Transacted paper stock prices--high grades.(Statistical table)
March 10, 2007... Transacted Paper Stock Prices--High Grades For detailed chart explanation, see page 11 White Coated New DLK News Soft Wht. Cuttings ...

Global package recycling assessed.(ALL MATERIALS)
March 10, 2007... Package/Materials Recycling & Sustainable Packaging (Version 3.0) offers a detailed snapshot of the global package recycling picture across glass, metal/aluminum, paper/board, and plastic packaging. It also includes the newest data on such...

The Servants selects advantzware.(FROM ADVANCED SOFTWARE)
March 10, 2007... The Servants Container of Jasper, Ind., has implemented the Packaging Software Suite from Advanced Software. The suite automates all plant and office aspects of a box plant including many estimating methods, order processing, inventory,...

Jones Pkg., MeadWestvaco win top National Paperboard Packaging honors.(PRESIDENT'S, INNOVATION AWARDS)
March 10, 2007... Jones Packaging, London, Ontario, captures its first President's Award at the National Paperboard Packaging Competition with Nestle's Turtles Package, a package and serving bowl all in one. MeadWestvaco Corp., Glen Allen, Va., brings new life...

Joint dinner will kick off AICC meeting.(IN ORLANDO)
March 10, 2007... The Association of Independent Corrugated Converters (AICC), the Fibre Box Association (FBA), the North American Packaging Association (NAPA), and the American Forest & Paper Association (AF&PA) will join together on the evening of April 18...

Port container fee bill refloated.(IN CALIF.)(Brief article)
March 10, 2007... California State Senator Alan Lowenthal, D-Long Beach, has introduced a revised version of his $30 container fee bill, this time including the Port of Oakland and shifting the focus to improving infrastructure and supporting air quality,...

FFTA adds new workshops to its regional tour.(APRIL 20, MAY 9)
March 10, 2007... The Foundation of Flexographic Technical Association (FFTA) has added two new regional workshops to its 2007 tour. In addition to the March 8 regional workshop "Practical Technology: From Bleeding Edge to Leading Edge" scheduled at the...

Green Bay Packaging.(People Updates)( Richard Garber to retire and Jack Lengsfield promoted)(Brief article)
March 10, 2007... After 23 years with Green Bay Packaging (GBP), Green Bay, Wis., Richard Garber, vice president/general manager, Folding Carton Division, will retire at the end of this month. The company promotes Jack Lengsfield to general manager, Folding...

MarquipWardUnited.(People Updates)(Randy Lorenz promoted)(Brief article)
March 10, 2007... MarquipWardUnited, Phillips, Wis., promotes Randy Lorenz to vice president of sales. He has more than 26 years of industry experience. Most recently he served as the company's vice president of sheeter sales worldwide. In his expanded role he...

Central Piedmont Community College.(People Updates)
March 10, 2007... Stephen Gerhardt, Harper National Flexographic Center coordinator at the Harper Campus of Central Piedmont Community College, Charlotte, N.C., joins its board of directors. He began his career in graphics while managing two business service...

Flexo Concepts.(People Updates)
March 10, 2007... Scott Abber joins Flexo Concepts, Plymouth, Mass., in technical sales. He will be responsible for growing the company's two primary brands, MicroClean[TM] and TruPoint[TM], for both the flexographic and the sheetfed offset industries. He will...

Linerboard capacity rises in 2006.(AF&PA SURVEY REPORTS)
March 17, 2007... Totally linerboard capacity rose 0.2 percent in 2006, according to the AF&PA's 47th Annual Survey of Paper, Paperboard, and Pulp Capacity. Capacity increases resulting from productivity improvements, product mix changes within linerboard, and...

Transacted containerboard prices.
March 17, 2007... Average transacted price levels are tabulated by obtaining paid prices from independent converters purchasing linerboard and medium. All prices are intended as a reference standard only. Transactions may be concluded at any time at any price...

IP mill reopens after fire.
March 17, 2007... International Paper's container-board mill in Terre Haute, Ind., was up and running again last week after recovering from a fire earlier in the week. Members of the Terre Haute Fire Department had responded to heavy smoke and flames shooting...

Wal-Mart releases initial results of packaging scorecard.(SUSTAINABILITY)
March 17, 2007... Last week at the second annual Sustainable Packaging Exposition, Wal-Mart Stores Inc. released the initial results of its Packaging Scorecard. The scorecard, which was launched on Feb. 1, evaluates Wal-Mart and Sam's Club suppliers on the...

AICC members attend ICCA meeting.(IN SYDNEY)
March 17, 2007... Representatives from six U.S. independent corrugated converters are attending the International Corrugated Case Association (ICCA) meeting in Sydney, Australia, this week. Included among the delegation are George Jamison from Alliance...

Chicago TAPPI to hold April Customer Service evening program.(CUSTOMER SERVICE)
March 17, 2007... On April 3, Chicago TAPPI will host "Using Technology to Improve Customer Service," a multi-speaker discussion moderated by Keith Carman, StandFast Packaging; and Ron Lewis, Corrugating Roll Corp. The evening program will take place at the...

Redpath Half is 'sweet' on new Linearpak.(DISTINCTIVE PACKAGING)
March 17, 2007... Tate & Lyle Canada Ltd. has launched Redpath Half, a new sweetener product that has half the calories and all of the taste of sugar. The company has selected packaging produced by Hartsville, S.C.-based Sonoco: The Linearpak[R] can, a...

Clemson holds successful printing symposium.(FLEXOGRAPHIC FUNDAMENTALS)
March 17, 2007... Clemson University recently held a two-and-a-half-day symposium for the corrugated industry that focused on the fundamentals of flexographic printing. Nineteen companies were represented at the South Carolina event. Topics included...

RFID shows promise for faster plate, die tracking.(PILOT PROJECT)
March 17, 2007... An unusual pilot project in the Cleveland suburbs is showing promising signs for improving the tracking of printing plates and cutting dies in corrugated converting operations. The project uses radio-frequency identification (RFID) technology,...

NAPA reports meeting lineup.('LEADERSHIP BOOT CAMP')
March 17, 2007... The theme for the North American Packaging Association's (NAPA's) 2007 annual meeting is "Leadership Challenge Boot Camp." The event takes place April 18-22 at the JW Marriott Grande Lakes Resort & Spa, Orlando. Wednesday, April 18: *...

Central Florida box to host plant tour.(AICC 2007)
March 17, 2007... During the Association of Independent Corrugated Converters' (AICC's) 2007 Spring Meeting in Orlando this April, Central Florida Box Corp. (CFB) is opening its doors to meeting attendees, allowing an in-depth look at what its plant operations...

Group sues Boise Cascade for slander.(CENTRAL TEXAS CORRUGATED)
March 17, 2007... According to an article in the Waco Tribune-Herald, a group of five managers who were let go from the Central Texas Corrugated Inc. plant recently filed a slander suit against new owners, Boise Cascade. The lawsuit contends they were falsely...

Pioneer Packaging installs VantagePoint module.(ADVANCED SCHEDULING)
March 17, 2007... Pioneer Packaging, Chicopee, Mass., has chosen to implement the Advanced Scheduling module of the VantagePoint Accelerate[TM] business software from VantagePoint Systems Inc. The software will optimize and automate scheduling functions at...

Equipment interest rate index.
March 17, 2007... Current monthly payments for 100 percent financing for 84 months on $1.0 million range from $14,850 to $15,685 depending on credit strength and equipment being purchased [GRAPHIC OMITTED]

Weyerhaeuser plants earn SFI certification.(SUSTAINABLE FORESTRY)
March 17, 2007... All of Weyerhaeuser Co.'s U.S. containerboard packaging plants have earned Sustainable Forestry Initiative (SFI)[R] certification, which authorizes them to use the SFI Certified Sourcing product label. Weyerhaeuser, based in Federal Way, Wash.,...

EMBA machinery appoints new agent.(MOSCOW-BASED REPRESENTATIVE)
March 17, 2007... EMBA Machinery AB, Sweden, has appointed VD-Com Ltd. as its new agent in Russia, Ukraine and Belarus. The prime contact person will be Dimitry Koudryashov, who is the general director of VD-Com Ltd. in Moscow. His contact information is: ...

Transacted paper stock prices--low grades.(Statistical table)
March 17, 2007... Transacted Paper Stock Prices--Low Grades Mixed Boxboard Paper Cuttings News (1) (4) (6) Chicago $70-75 (+5) ...

Smurfit Kappa sets record with Ireland IPO.($1.7 BILLION)
March 17, 2007... According to Bloomberg, Smurfit Kappa Group raised $1.7 billion (1.3 billion euros) in Ireland's biggest initial public offering (IPO) in almost eight years. The shares were priced at 16.5 euros apiece, valuing the company at about 3.4 billion...

Weyerhaeuser's Rogel received $3.8m in compensation in 2006.(IN 2006)
March 17, 2007... The chief executive of Weyerhaeuser Co., Steven Rogel, was granted some $3.8 million in compensation last year as valued by the company, according to an analysis of a regulatory filing of the forest products company, reports the Associated...

Altivity increases prices.(RECYCLED BOARD)
March 17, 2007... Altivity Packaging LLC, Carol Stream, Ill., announced that it will increase the price for coated and uncoated recycled board by $50 per ton effective with shipments March 20. "Despite the recent rise in coated and uncoated recycled...

Transacted paper stock prices--high grades.(Statistical table)
March 17, 2007... Transacted Paper Stock Prices--High Grades White Coated New DLK News Soft Wht. Cuttings Blanks Shavings ...

Balcones to open new corporate park.(Balcones Recycling Inc.)(Brief article)
March 17, 2007... Austin, Texas-based Balcones Recycling has entered into an agreement to purchase 125 acres that eventually will include a campus with 120,000 sq ft of offices for its headquarters and recycling operations. Balcones also expects to incorporate a...

Packaging Solutions installs Software Suite.(FROM ADVANCED SOFTWARE)
March 17, 2007... Packaging Solutions and Logistics, Reynosa, Mexico, has implemented the Packaging Software Suite from Advanced Software. The software automates all plant and office aspects of a box or carton box plant, including many estimating methods, order...