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International Paper sets $1.5 billion share repurchase program, increases cash dividend 17% to $1.40/share annually

By Tue, Sep 10, 2013

MEMPHIS, TN, Sept. 10, 2013 (PRNewswire) -International Paper today announced its board of directors has authorized a share repurchase program to acquire up to $1.5 billion of the company's common stock. The company intends to repurchase such shares over the next 2-3 years in open market repurchase transactions.

Press Release

Pratt Statesville corrugating division installs new fully automated material and tooling handling system

By Tue, Sep 10, 2013

CONYERS, GA, Sept. 5, 2013 (Press Release) -Pratt Statesville continues to invest in innovation with the installation of a fully automated material and tooling handling system. The system keeps track of every unit run off the corrugators and gives the operators total visibility of all work in process via monitors at every work station.

Press Release

Canadian printer and integrated communications company The OTC Group acquires Xerox Automated Packaging Solution for iGen4 in North America

By Mon, Sep 09, 2013

TORONTO, ON, Sept. 9, 2013 (Press Release) -The OTC Group, a leading commercial printer and integrated communications firm in London, Ontario, has acquired the Xerox® Automated Packaging Solution for iGen4® to accommodate its new digital folding carton packaging division.

Press Release

U.S. demand for alternative packaging expected to grow

By Wed, Sep 04, 2013

The U.S. market for long-life food packaging is in a state of flux. Traditionally, the food metal can is the conventional and most widely-used packaging solution for ready-to-serve soups, broths and tomato products. But today's consumers have all kinds of criteria by which they judge the quality of a packaging type. And aseptic carton packs are among the top performers—for a whole host of reasons. Food manufacturers can quickly and easily enter an area of business producing long-life foods packed in alternative, modern packaging solutions such as the carton pack, via co-packing offers in which some manufacturers, such as Wright Foods and Hirzel, have specialized.


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