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Showing 2 articles from January 25, 2024.

Jim's Articles

Week of 29 January 2024: Dishonest Dealings in Capital Projects
Week of 29 January 2024: Dishonest Dealings in Capital Projects

I promised you this column last week. Everyone in a capital project is under pressure. The mill team is under pressure to bring the project in on budget (remember how you kept shaving the budget to get the project through the board of directors?). The suppliers are under pressure to win the project at the highest possible profit for them, and will promise the moon, if they don't have to put it in writing. And this is all good, for it gives an old guy like me a steady income as an expert witness in project lawsuits. The grayer and thinner my hair has gotten, the more I can charge.

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Leading Stories

Mativ to Save $40M Through Business Reorganization, Layoffs
Mativ to Save $40M Through Business Reorganization, Layoffs

Mativ is putting in place a restructuring plan to reduce costs by $40 million by the end of 2026 as it reorganizes its business structure and lays off senior employees.

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