Archive for the ‘Recycled Paper’ Category

Watermill Group Announced as Finalist for 7th Annual M&A Advisor Turnaround Awards

Lexington, MA, January 16– The M&A Advisor is pleased to announce 175 nominations, representing over 300 companies have been submitted for the 7th Annual M&A Advisor Turnaround Awards. Watermill Group’s Acquisition of Manistique Papers was named a finalist in two categories: Restructuring Community Impact Award and Sector Deal of the Year: Industrial and Basic Resources…

January 16, 2013

FutureMark Paper Group Sets Course for Leadership in Environmental Paper

FutureMark® Paper Group launched today as the umbrella group for two recycled paper producers previously operating as Manistique Papers and FutureMark Paper Company. Guided by an unwavering commitment to sustainability, FutureMark Paper Group is now the leading North American provider of responsibly made high-recycled paper for books, magazines, catalogs, retail inserts, business papers, commercial printing…

September 28, 2012

The Floating Forest

Recyclable paper from the United States travels halfway around the world—only to end up, transformed, back on our retail shelves. Welcome to the weird world of wastepaper. In 1990, a year when the American appetite for industrial resources was fixed in the direction of the Persian Gulf, a woman named Cheung Yan moved from Hong…

September 19, 2012

The Sound of Jobs is Loud and Clear at Manistique Papers

One year ago, Manistique Papers filed for bankruptcy, but today the company is a vibrant employer thanks to people working together in the name of reinvention. On Monday, Governor Rick Snyder stopped by the paper mill as part of his tour of the Upper Peninsula, and Jason Raiche of The Daily Press was on hand…

August 15, 2012 |

EcoSynthetix Signs Three-Year Contract with FutureMark

BURLINGTON, ON, Aug. 3, 2012 /CNW/ – EcoSynthetix Inc. (TSX:ECO.TO – News), a renewable chemicals company that produces a family of commercially proven bio-based products, today announced that FutureMark Paper Company (FutureMark) has signed a three-year contract for a minimum of 2.45 million dry pounds of EcoSphere biolatex binders delivered annually to its Alsip, Illinois,…

August 3, 2012

How Government and Business Scrambled to Save a UP Paper Company

Last August, something like a natural disaster struck the Upper Peninsula community of Manistique. Out of nowhere, it seemed, an economic tornado ripped apart the town’s largest employer, Manistique Papers, forcing the company to the brink of Chapter 7 bankruptcy and destroying 150 jobs. Today, 130 of those jobs are back, with a dozen or…

June 20, 2012

Economic Gardening Strategy Saves and Grows Michigan Jobs

Guest Commentary: Economic gardening strategy saves and grows Michigan jobs By Michael Finney Detroit Free Press Guest Writer A celebration earlier this month in the Upper Peninsula was barely heard south of the Mackinac Bridge. For those in economic development in Michigan, this reality only illustrates the massive change to our state since last year…

May 31, 2012

Editorial: Momentous Events Bring a Community Together

EDITORIAL Momentous events bring a community together. Good or bad, joyous or tragic, they are the ties that bind, that make all of us one. Late last summer, Schoolcraft County experienced the dark side of those ties with the shocking news that the area’s oldest manufacturer, an institution, a cornerstone of the business community and…

May 18, 2012

Manistique Papers Officially Changes Hands

MANISTIQUE – The conversion to recycled paper has proved to be a real rollercoaster ride for the area’s oldest manufacture, Manistique Papers. Once believed to be their salvation, rising raw material costs eventually forced the mill into bankruptcy. But now that same method of production has led to its revival. After several months of negotiations, the…

May 10, 2012

Watermill Group to Acquire Environmental Paper Producer Manistique Papers

Private investment firm forges strategic alliance between nation’s top recycled paper companies Lexington, Mass. – April 17, 2012 – The Watermill Group, a strategy-driven private investment firm, received court approval today to acquire Manistique Papers, the only company in North America producing high-value uncoated printing and writing paper exclusively from 100-percent recycled fiber. The purchase…

April 17, 2012