Archive for the 'Business News' Category
Quark Names Raymond Schiavone CEO
Graphic design software company Quark Inc. named a new president and CEO, more than a year after the job was abruptly vacated. Raymond Schiavone most recently was president and CEO of publishing software company Arbortext Inc.
The privately held Denver company, which is known for its desktop software program, announced in June 2005 that CEO Kamar Aulakh had left the company. Aulakh’s tenure as head of the company was short-lived; he became CEO in February 2005.
No reason was given for Aulakh’s departure, and the responsibility of running the company fell on an interim basis to Linda Chase, senior vice president of commerce product development.
With the announcement of Schiavone’s arrival, Chase will continue in her previous role.
Wausau Paper Reports Net Earnings for Q3 of $7.5m
(BUSINESS WIRE)–Wausau Paper (NYSE:WPP) today reported net earnings for the third quarter of $7.5 million or $0.15 per share, compared with a net loss of $9.0 million, or $0.18 per share, the year before. Net sales increased 7 percent to $306.7 million while shipments increased 2 percent to 234,000 tons, both records for any quarter.
“Our third-quarter performance represented our strongest quarterly earnings in two years,” said Thomas J. Howatt, president and CEO. “Record revenues, strong timberland sales gains and continued progress with our strategic initiatives – attractive niche markets, product innovation, benchmark customer service and operational excellence – drove much of the improvement in profitability. Approximately 30 percent of revenues came from products developed in the last three years, exceeding our corporate goal of 25 percent, while paper mill productivity improved 2 percent.”
PAF Announces Florida Print Awards
The Printing Association of Florida (PAF) today announced that 69 Florida-based printing, graphic arts companies and schools were awarded at the Printing Association of Florida’s 19th Annual Florida Print Awards, July 29th at a banquet dinner held at the Omni Orlando Resort at ChampionsGate, Orlando. The 2006 Best of Show Trophy winners include Franklin/Trade Graphics, LLC from Miami who was awarded the Spinola Printers Supply Inc. Golden Flamingo Trophy for capturing the most Best of Category honors; The Redd Paper Company Award, Best of Show, Division I: Carter Printing, Tampa; The Eastman Kodak Company Graphic Communications Group Award. Best of Show, Division II: The Color Express, Hialeah; The xpedx Award, Best of Show, Division III: Franklin/Trade Graphics, LLC, Miami; The Mac Papers, Inc. Award, Best of Show, Division IV: Procoel, S.A. Mexico. In the Best of Show, Student Division, the award went to Carine Carmack, Valencia Community College, Orlando.
“The Florida Print Awards set a record number of entries this year and we are proud to report that we exceeded our old record of 888 entries set in 2001,” said Michael Streibig, president and CEO of the Printing Association of Florida. “This year, we beat that record by 129 with an impressive 1,017 entries from 69 printing companies and 198 student entries from 19 Florida schools.”