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USA
VON DREHLE COMPLETES START-UP
The von Drehle Corporation has successfully completed the start-up of one of the paper machines at its newly-acquired facility in Cordova, North Carolina, USA, the company has announced. The Metso DCT-100 paper machine began production on Thursday 12 July at 8:30 pm, making 9 lb. bath tissue.
“The start-up couldn’t have come at a better time as the market supply of parent rolls of tissue is extremely tight,” said Raymond von Drehle, chairman of the von Drehle Corporation. “This additional production capacity will help insure that we continue to provide a prompt, reliable supply of towel and tissue products to our customers. “The fact that we fully staffed this facility, made significant improvements to the equipment, and started up in just six weeks from the date of purchase is a testament to the quality and dedication of our employees.”
The von Drehle Corporation purchased the 40 hectare, 40,000 m2 facility on 29 May 2007. The facility includes two paper machines capable of producing in excess of 50,000 tons/yr of tissue and towel parent rolls. The second paper machine is being rebuilt to expand the grades that it will be able to produce and is slated for start-up the first quarter of 2008.
The von Drehle Corporation has been a leading supplier of towel and tissue products for the away-from-home market since 1974. Through an international network of more than 300 distributors, von Drehle sells to industrial, commercial and institutional suppliers, as well as to major contract cleaners and building-maintenance services. The von Drehle Corporation directs manufacturing and distribution facilities from its national headquarters in Hickory, North Carolina, with production facilities in Cordova, NC, Maiden, NC, Memphis, TN, Miami, FL, and Las Vegas, NV.
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USA
PPC TO ADD CONVERTING LINE
Precision Paper Converters (PPC), has announced the purchase of a new tissue converting line to be installed in its Kaukauna Industrial Park facility in Wisconsin, USA. The new line consists of an interfolder, a servodriven sheet cutter, a fully automated cartoner and related material handling equipment. “This new converting line will support our rapidly growing facial tissue business, stated Jack Mason, president of PPC. He added that, in addition to much needed capacity, the new converting line will provide additional production capabilities such as embossing (plybonding) and the ability to convert lotioned tissue products. “Lotioned products are a growing segment of the facial tissue market, and we are pleased to be able to offer this capability to our customers,” he added. The new equipment will also be capable of handling tissue rolls up to 72 inches (1.8 m) in diameter and 56 inches (1.4 m) in width, with powered unwind stands and tension controls to allow for the control of “difficult to run” materials. Delivery and installation of the converting line is slated for November of this year. The new converting line will complement the company’s current interfold and C-fold facial tissue converting equipment. PPC produces a full line of facial and lens tissue products that are sold through industrial and healthcare distribution. These include the company’s line of Sniffles®'ae brand facial tissue products. PPC is also a custom converter of film, paper and related materials, and manufactures several lines of industrial and counter roll products.
P&G’S LAFLEY EARNS $27 MILLION
 Procter & Gamble Co chief AG. Lafley received compensation valued at $27.7 million last year, according to Associated Press. The compensation was heavily performance-based, with a salary of $1.7 million, a $3.5 million annual bonus, and nearly $22 million in incentive plan programs that included rewards for meeting or topping sales, earnings and other financial targets, the company's proxy statement filed with the Securities & Exchange Commission stated.
Lafley, 60, has been with P&G for 30 years. In the company’s filing to the SEC last month, it stated that under Lafley, who took over as CEO seven years ago, P&G sales have nearly doubled and average annual earnings per share growth has been 13%. |
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