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Madison Paper Industries has cut back production by two days a week, the mill's union president said Tuesday, citing declining demand as the reason the company gave for a move that will result in less pay for workers.

The announcement Monday comes after the company announced layoffs for about 30 employees at the end of 2015, tied to a drop in demand from restaurant chain Chipotle.

Fulfilling a promise made in 2014 after moving its headquarters to suburban Atlanta, Veritiv Corp. said Monday it will retain a "significant" Greater Cincinnati employment base.

Verso has filed for Chapter 11 bankruptcy protection after trying for months to restructure the business without supervision of a bankruptcy court.

Mr. Gross retired in 2006 after serving the association for more than thirty years.

The complex is closely associated with Columbia Pulp, the 449-acre wheat and alfalfa straw pulp mill planned for construction later this spring.

Plum Creek Timber Company, Inc. announced that Institutional Shareholder Services, an independent proxy advisory firm, has issued a report recommending that Plum Creek shareholders vote to approve the proposed merger with Weyerhaeuser Company at the company's special meeting of shareholders to be held on Friday, 12 February 2016.

Anthony Pratt plans to launch a new business in Australia to supply recycled cardboard boxes to the booming e-tailing sector, replicating a division of his US operations, which he believes will grow to generate revenues of more than $US1 billion.

The Chemainus-based Halalt First Nation and its business partners are suing Catalyst Paper, alleging that a 59-year-old mill is trespassing and that the company has disclosed sensitive information, despite signing a confidentiality agreement.

Sappi Limited says it has approved investments of some Euro 25 million for mill upgrades in Europe during the course of 2016.

Canfor Corporation announced that it has entered into an agreement to purchase the assets of Wynndel Box and Lumber Ltd., located in the Creston Valley of British Columbia.

Verso Corp. is preparing to file for bankruptcy protection as a grace period on a missed interest payment nears expiration, according to two people with knowledge of the matter.

Failure takes many forms--the budget was too low, the schedule was wrong, training was poor, markets were not as predicted and on and on and on. However, I have never seen a project fail badly if it had a good design basis...

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As we do annually, this column reviews how the pulp and paper industry in Australia and New Zealand has fared for the Australasian business fiscal year to 30 June.

Not only would paper producer Verso Corp.'s expected bankruptcy filing be the largest in its sector since the 2011 NewPage Corp. filing, its debt holders could also be left with "weak recoveries", Fitch Ratings said Wednesday. Verso warned of a potential bankruptcy in November 2015.

WestRock Company announced that it has completed the acquisition of Cenveo Packaging, a provider of value-add folded carton and litho-laminated display packaging solutions. Cenveo Packaging is a division of Cenveo, Inc.

SCA's acquisition of Wausau Paper, a leading North American Away-from-Home Tissue Company has been closed for the total consideration of USD 513 million in cash. SCA will consolidate Wausau Paper as of 21 January 2016.

The transaction is scheduled to occur on Thursday, 21 January 2016 for total consideration of USD 513 million in cash.

Unifor says it has reached a tentative contract agreement with Resolute Forest Products covering one group of workers in a deal the union hopes will set a pattern across Quebec's forestry sector.

UPM is the first forest industry company and also the first Finnish company ever to receive such an invitation.

Arctic Paper has announced that the management of the company's subsidiary, Arctic Paper Grycksbo AB, has started negotiations with the unions with the aim of reducing fixed costs and to further increase the efficiency of the Grycksbo mill.