MOSINEE, WI — Wausau Paper reported a $15.8 million loss for fiscal year 2008, significantly higher than the $1.8 million loss in fiscal year 2007, according to TradingMarkets.com.
Fourth-quarter losses totaled $1.8 million, compared to a net loss of $27.6 million in the year-ago quarter, the story stated.
Thomas J. Howatt, president and CEO, said: "Adjusted results were slightly above break-even levels for 2008 as we continued to implement plans to improve the future performance of each of our businesses. We permanently closed unprofitable capacity in our Specialty Products and Printing & Writing businesses while pursuing strategic capital projects aimed at driving long-term shareholder value."
Net sales for the fourth quarter decreased 9 percent to $275.7 million, the story noted.
Fiscal year 2008 net sales decreased 4 percent to $1.19 billion, the story added.
Monday, February 16, 2009
IMU implementing gender-neutral restrooms
BLOOMINGTON, IN — The Union Board and the Indiana University Student Association passed a plan last week to create gender-neutral restrooms on the first, second and eighth floors of the student activities tower, according to the Indiana Daily Student, the independent student newspaper for Indiana University.
By May 18, the main entrance to the first-floor restroom will be open, and the two stalls, complete with locking doors, will be fully enclosed from floor to ceiling so that two people can use them at the same time, the story stated.
Bruce Jacobs, executive director of the Indiana Memorial Union, said: "Gender-neutral bathrooms provide for the entire campus community no matter what one’s sexual preference is. It is the best way to go to become more welcoming to the entire community. The Union’s basic purpose is to be a place that serves the entire community."
The second-floor and eighth-floor restrooms are already single units, so making them gender-neutral simply requires placing sign stating that they are gender-neutral, the story noted.
Before the plan was passed, the first floor only had a women’s restroom; men would have to go to the mezzanine or third floor to use a restroom, the story added.
According to the university, more gender-neutral restrooms are planned in several buildings across campus.
By May 18, the main entrance to the first-floor restroom will be open, and the two stalls, complete with locking doors, will be fully enclosed from floor to ceiling so that two people can use them at the same time, the story stated.
Bruce Jacobs, executive director of the Indiana Memorial Union, said: "Gender-neutral bathrooms provide for the entire campus community no matter what one’s sexual preference is. It is the best way to go to become more welcoming to the entire community. The Union’s basic purpose is to be a place that serves the entire community."
The second-floor and eighth-floor restrooms are already single units, so making them gender-neutral simply requires placing sign stating that they are gender-neutral, the story noted.
Before the plan was passed, the first floor only had a women’s restroom; men would have to go to the mezzanine or third floor to use a restroom, the story added.
According to the university, more gender-neutral restrooms are planned in several buildings across campus.
Tumultuous toilet torching
SAN FRANCISCO — An arsonist targeting port-a-potties has, after a 10-day hiatus, struck again, making a total of 22 toilets torched to date, according to KTVU-TV.
The majority of the incidents spanning three months have occurred at night or very early in the morning, the story stated.
This latest arson, however, is the second in three weeks to have taken place during the daytime, the story noted.
No arrests have been made in the toilet torching scandal, most of which have taken place on construction sites in the Russian Hill area, the story added.
The majority of the incidents spanning three months have occurred at night or very early in the morning, the story stated.
This latest arson, however, is the second in three weeks to have taken place during the daytime, the story noted.
No arrests have been made in the toilet torching scandal, most of which have taken place on construction sites in the Russian Hill area, the story added.
Custodian becomes victim of drive-by shooting
DALLAS — A custodian at NorthPark Center Mall, the largest in Dallas, was the victim of a drive-by shooting that occurred earlier this morning, according to The Dallas Morning News.
About seven rounds were fired into the ground-floor mall entrance around 5 a.m. and struck a custodian cleaning roughly 100 yards away, the story stated.
The custodian was rushed to Baylor University Medical Center at Dallas; he is in fair condition, the story noted.
The mall will open for business as usual, though a portion will remain blocked off for further investigation, the story added.
Chris Gray, a morning power walker at NorthPark, said: "That does concern me, but I know they have security here. I will probably be more cautious the next time I come."
Police said they were unable to provide a detailed description of the vehicle or the number of people inside the vehicle. Investigators are hoping to look at a video from a camera mounted nearby to make a positive identification of the vehicle and/or its occupant(s).
According to the story, this is the second shooting at NorthPark Center in less than a year.
About seven rounds were fired into the ground-floor mall entrance around 5 a.m. and struck a custodian cleaning roughly 100 yards away, the story stated.
The custodian was rushed to Baylor University Medical Center at Dallas; he is in fair condition, the story noted.
The mall will open for business as usual, though a portion will remain blocked off for further investigation, the story added.
Chris Gray, a morning power walker at NorthPark, said: "That does concern me, but I know they have security here. I will probably be more cautious the next time I come."
Police said they were unable to provide a detailed description of the vehicle or the number of people inside the vehicle. Investigators are hoping to look at a video from a camera mounted nearby to make a positive identification of the vehicle and/or its occupant(s).
According to the story, this is the second shooting at NorthPark Center in less than a year.
“The Black and White of Green” symposium
DULLES, VA — National Independent Sanitary Supply Companies (NISSCO) will be holding a symposium at their annual Conference April 8 at the Gaylord Hotel in Washington, DC, according to a press release.
“The Black and White of Green” will be presented by representatives of the U. S. Green Building Council, LEED, EPA and others, the release stated.
NISSCO President Keith Marcoe said: "There is too much confusing, conflicting and downright inaccurate information being disseminated. We are providing our members with the real facts, from the agencies that are responsible for the guidelines in our industry, now and into the future."
The symposium will help clarify green marketing versus green mandates, the release added.
“The Black and White of Green” will be presented by representatives of the U. S. Green Building Council, LEED, EPA and others, the release stated.
NISSCO President Keith Marcoe said: "There is too much confusing, conflicting and downright inaccurate information being disseminated. We are providing our members with the real facts, from the agencies that are responsible for the guidelines in our industry, now and into the future."
The symposium will help clarify green marketing versus green mandates, the release added.
Rohm & Haas profit decrease
PHILADELPHIA — Specialty chemical manufacturer Rohm & Haas saw an 82 percent decrease in profits for the fiscal fourth-quarter, according to MarketWatch.
Quarterly profits fell from $180 million in 2007 to $32 million in 2008, the story stated.
Driven by accelerating market declines, quarterly sales fell 13 percent, the story noted.
According to a company statement: "The impact of softer demand, higher raw-material and energy costs, and the negative operating impact of volume shortfalls were partially offset by prior pricing actions."
Adjusted pre-tax earnings for the quarter plummeted 68 percent to $31 million, the story added.
Quarterly profits fell from $180 million in 2007 to $32 million in 2008, the story stated.
Driven by accelerating market declines, quarterly sales fell 13 percent, the story noted.
According to a company statement: "The impact of softer demand, higher raw-material and energy costs, and the negative operating impact of volume shortfalls were partially offset by prior pricing actions."
Adjusted pre-tax earnings for the quarter plummeted 68 percent to $31 million, the story added.
Mold forces migration of students
ATHENS, GA — A leaky steam pipe that caused mold growth has forced several students in Mell Hall to seek new homes, according to Red and Black, an independent student newspaper serving the University of Georgia.
One student said she noticed an orange-brown mold taking over her dorm wall and poking out from behind her posters; maintenance attempted to eradicate it with Formula 409 cleaner but the problem continued, the story stated.
Rick Gibson, director of Residential Hall Education and Services, said: "To the best of my knowledge, no one is at risk. It's not like there is this huge mold problem in Mell Hall or any other halls. At certain points in the year the moisture can lead to mold. It's not black mold."
The problem began during Thanksgiving break, after which many students were told any mold problems in their rooms would be fixed; however, the mold got worse and remediation will not be completed until mid-February at the earliest, the story noted.
Some students forced to move off campus because of the debacle have petitioned for rent compensation; their petitions would be considered, though not necessarily accepted, the story added.
One student said she noticed an orange-brown mold taking over her dorm wall and poking out from behind her posters; maintenance attempted to eradicate it with Formula 409 cleaner but the problem continued, the story stated.
Rick Gibson, director of Residential Hall Education and Services, said: "To the best of my knowledge, no one is at risk. It's not like there is this huge mold problem in Mell Hall or any other halls. At certain points in the year the moisture can lead to mold. It's not black mold."
The problem began during Thanksgiving break, after which many students were told any mold problems in their rooms would be fixed; however, the mold got worse and remediation will not be completed until mid-February at the earliest, the story noted.
Some students forced to move off campus because of the debacle have petitioned for rent compensation; their petitions would be considered, though not necessarily accepted, the story added.
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