Chad Wasilenkoff

This tag is associated with 9 posts

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’ PM1 upgrade highlights global need for more banknotes

The recent announcement by Vancouver-based Fortress Paper to increase the printing capacity at their European mills (read “Fortress Paper announces approval of initial financing facility for PM1 rebuild”) reiterates the reality that even in a digital age the need for banknotes continues to increase worldwide.
Though credit cards, online banking and debit cards seem to be [...]

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 [...]

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 ANNOUNCES ePASSPORT CONTRACT AND AN UPDATE ON THE PLANNED PRODUCTION INCREASE AT ITS LANDQART MILL

VANCOUVER, British Columbia, January 14, 2010 – Fortress Paper Ltd. www.fortresspaper.com (“Fortress Paper” or the “Corporation”) today announces its inaugural ePassport contract, for approximately two million five hundred thousand units representing estimated aggregate revenues in excess of $10 million over five years. Fortress Paper also announces that its Board of Directors has approved a plan [...]

FOXNews.com: “The Dollar Bill Goes High-Tech”

Counterfeiting has never been easier. All it takes these days is a fairly inexpensive color printer, some graphic design software and a willingness to spend a few decades in jail if you get caught.
But desperate times call for desperate measures, so criminals struggling in a tough economy and savvy with advanced printing equipment have figured [...]

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.

Fortress Paper CEO Chad Wasilenkoff on Bloomberg

Chadwick Wasilenkoff, chief executive officer of Fortress Paper Ltd., talks with Bloomberg’s Pimm Fox about demand for the company’s banknote paper.