Tonernews.com, February 13, 2006. USA
- This topic has 0 replies, 1 voice, and was last updated 12 years, 2 months ago by
.
Viewing 1 post (of 1 total)
-
Posts
-
Nashua Corp sells paper business assets to Nekoosa
NEW YORK, Feb 06 – Specialty paper and label manufacturer Nashua Corp. said on Tuesday it sold certain assets of its coated carbonless business to Nekoosa Coated Products, LLC.
As a result of the transaction, which closed on Tuesday, approximately 14 positions, mainly in Nashua’s Merrimack, New Hampshire facility, will be eliminated and Nashua will incur an estimated $500,000 in severance, it said.
Financial terms of the transaction to Appleton, Wisconsin-based Nekoosa Coated Products were not disclosed.
Nashua said it coated carbonless business accounted for approximately one percent of the company’s total sales in 2005.
Viewing 1 post (of 1 total)
- You must be logged in to reply to this topic.