Fortress Paper Ltd
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 [...]
Banknote 2009
On December 6, global banknote industry leaders will head to Washington, DC for Banknote 2009 – a four-day conference that brings together the public and private sectors to focus on emerging trends in the banknote industry. Though the Banknote conference began in 1998 as a specialty event focusing primarily on banknote substrates, it has become [...]
