Substrates


Building on the backend architecture of Enterprise Print Management Solutions, xpedx claims to have developed the first-ever integration of real-time paper inventory and customer pricing in a print management system. This new service, based on an update of EPMS Enterprise 32, is currently being tested by printing companies in the United States and is scheduled to come online by October 1 of this year.

“Printers can get an up-to-the-moment view of xpedx inventory status, together with their specific pricing, and place an order directly from within the management system," said Carol Andersen of Enterprise Print Management Solutions (EPMS). The system is being tested by San Diego-based SOS Printing, which has 37 employees, and AMP Printing of Dublin, Califronia, which is a 30-year-old commercial printer with offset, large-format and 80 employees.

The new system will also be available to printers based in Canada, which builds upon the June 2009 launch of a dedicated xpedx Canada Website. The Canadian operations also works with Ariba, GHX, SciQuest and DataStream systems to power its Website.


With its stock losing nearly 55 percent in the past 10 months, Weyerhaeuser reopens the potential of becoming a low-tax investment trust (RIET conversion), which also typically guarantees higher dividends. At the start of July, Weyerhaeuser announced it would again cut its quarterly dividend, this time by 80 percent, which would save the company well over US$100 million.

While it sent most of its high-quality printing papers over to Montreal-based Domtar, after the two companies merged in March 2007, Weyerhaeuser remains a large global producer of newsprint and packaging substrates. However, the forest-products giant is primarily blaming its yearlong slump on the U.S. housing market.

"In light of these conditions, this dividend decision enhances our current liquidity and provides for more financial flexibility, including a possible REIT conversion should the board make that decision in the future," said CEO Dan Fulton. The company decided to stay away from becoming an investment-trust just last May. Weyerhaeuser lost US$264 million in its last quarter and more than US$1 billion in the prior quarter. It will report its second quarter results on July 31.
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