Fortress Paper Ltd

This category contains 11 posts

VIDEO: Feature Interview With Chad Wasilenkoff on BNN

On Friday, Michael Hainsworth, host of the BNN show The Close, conducted a feature interview with Fortress Paper President and CEO Chad Wasilenkoff.
Discussing topics like Fortress Paper’s new paper machine upgrades (read “Fortress Paper Announces…PM1 Rebuild”), the future demand for wallpaper, and innovative products to come off the Fortress Paper line by year’s end, this [...]

Learning more about Landqart

Fortress Paper owns and operates two paper mills in Europe – the Dresden Mill and the Landqart Mill. Each with a specific task, the mills are responsible for Fortress’ output of paper products including wallpaper, banknotes, security paper, and more. This article takes a closer look at the Landqart Mill in Landqart, Switzerland.
For [...]

The Globe and Mail lists Fortress Paper as a prime investment

Over the past few weeks The Globe and Mail’s Report on Business section has been taking a look at company stocks that tend to do well in the early stages of an economic rebound. According to Globe and Mail analysts, microcap companies – publicly traded companies that have a market capitalization of roughly US$250 million [...]

BNN discusses Fortress Paper’s PM1 upgrade

Last week, Patt Bolland – host of BNN’s Trading Day – talked to Brian Pow, vice president of research and equity analyst for Acumen Capital, about Fortress Paper’s new PM1 upgrade and discussed how this change will have a positive effect on the company’s future.
Watch the clip HERE (the Fortress Paper segment begins around 3:10).
SOURCE:
BNN: [...]

Fortress Paper Announces Signing of EUR 18.5 Million Loan for PM1 Rebuild

Fortress Paper Ltd. (TSX:FTP) www.fortresspaper.com (“Fortress Paper” or the “Corporation”) announces the signing by its wholly-owned subsidiary Dresden Papier GmbH (“Dresden”) of a loan agreement for EUR 18.5 million (CDN $26.5M) with GE Capital Bank AG in connection with the rebuild of Landqart AG’s (“Landqart”) papermachine no. 1 (“PM1″) to produce banknote papers. The loan [...]

Fortress Paper featured on CRN Digital Talk Radio

On CRN Digital Talk Radio, Erik Hines & Jack Roberts host The Erik & Jack Attack, where they share sixty minutes of exciting discussion, pop culture, politics, news, and anything else that may be on their minds. On Tuesday, February 9th the Boston bred conservative and the left coast liberal talked about Fortress Paper.
From [...]

Jennings Capital Raises Fortress Paper Target

Russell Stanley, analyst at Jennings Capital Inc. rates Fortress a “buy,” and has raised his one-year target to $22 a share from $14.50.
Fortress Paper Ltd., which makes security and other specialty papers, with mills in Switzerland and Germany expects to have sufficient financing to complete the rebuild of its PMI machine, which is the “cornerstone [...]

FORTRESS PAPER ANNOUNCES APPROVAL OF INITIAL FINANCING FACILITY FOR PM1 REBUILD

Fortress Paper Ltd. (www.fortresspaper.com) announces the signing by its wholly‑owned subsidiary Dresden Papier GmbH (“Dresden”) of a factoring agreement of Dresden’s accounts receivables with GE Capital Bank AG (“GE”) in connection with the rebuild of PM1 into a banknote machine. The factoring facility is for up to EUR 12 Million (CDN $17.8M) commencing February 2, [...]

REPORT ON BUSINESS: “Turning paper into cash”

Fortress Paper was covered today in the Globe and Mail’s Report on Business. Dave Morris reports on Fortress Paper:
At a 125-year-old factory in the shadow of the Swiss Alps, veteran watchmakers, trusted for their keen attention to detail, pore over the drums that will embed detailed watermarks into pristine sheets of paper stock. But not [...]

Fortress Paper President & CEO on BNN

Fortress Paper’s President & CEO, Chad Wasilenkoff, talks to the Business News Network (BNN) about his company’s focus on non-woven wallpaper & security paper, and speaks about upcoming innovations at their Landqart Mill in Switzerland.
Watch the BNN clip HERE, or by clicking on the image to the right.