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Paper Production Cutbacks |
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| Several paper production cuts were announced recently. Boise is ending pulp production at its Oregon plant and reducing annual paper production capacity by 200,000 tons. Domtar will permanently shut down its Dryden, Ontario paper machine this December thus eliminating production of 151,000 tons of uncoated freesheet paper annually. European paper maker,UPM-Kymmene is closing its paper and pulp mills in Finland by year end (2008). This closing will result in 1,000 lost jobs. |
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Merger Names |
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If 3M were to merge with Goodyear their new name could be "MMMGood".
If FedEx could get together with rival UPS they could become "FedfUp". |
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FedEx Office Revenues Down 2% |
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| The FedEx takeover of Kinkos has not gone well from the very beginning and problems continue. With revenues down 2% for the past year, FedEx Office will be closing 20 of its 2000 nationwide stores and laying off 200 people. |
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Tidbits from Industry Guru Frank Romano |
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There are 100,000 printers in China, but the 800 largest of them account for 40 percent of all the printing in that country.
There are 300,000 small printers worldwide - one tenth are in the U.S.
India's population is 1.16 billion China's population is 1.3 billion. The average age of these groups is 25 years
There are 23 languages in India and since one out of three Indians
speak English, India is the largest English-speaking country in the world.
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