A California federal jury was right to hold Kimberly-Clark Corp. and its spinoff Halyard Health Inc. responsible for misleading buyers about the impermeability of the companies' MicroCool surgical gowns, but awarded unconstitutionally high punitive damages, a judge said Friday in slashing the original $450 million award to just over $20 million.
Georgia-Pacific employees in Taylorsville took a break from the picket line to honor Dr. Martin Luther King Jr. as they continue to strike for what they call fair contracts.
International Paper's pursuit of rival packager Smurfit Kappa appears to have ground to a stalemate with a spokesman for the company saying there was "no clear path forward at this time".
Bankrupt printing company Cenveo Inc should not be permitted to hire a real estate firm led by one of its former executives because it lacks experience negotiating with landlords and potential buyers, according to the company's unsecured creditors.
A Tuesday night fire damaged a chip conveyor before brought under control by Hartsville Fire Department and Sonoco's fire brigade, according to a statement released Friday.
Sappi expects to grow its dissolving wood pulp production capacity by about 50% over the next five years, says the group's Southern Africa CEO, Alex Thiel.
