After careful consideration, Appvion, an employee-owned paper company headquartered in Appleton, Wis., has filed a Chapter 11 petition in the U.S. Bankruptcy Court for the District of Delaware. In a Restructuring Frequently Asked Questions page, the company maintained that its business is “fundamentally sound”; its debt load, however, is too high...
Kevin Gilligan
Elise Hacking Carr is senior production editor for Print & Promo Marketing magazine, and managing editor for PRINTING United Journal.
Appvion Inc., Appleton, Wis., announced that Tom Ferree, the company’s chief financial officer for the past 10 years, will retire from Appvion on June 30. As part of the planned transition, Luke Kelly will succeed Ferree and serve as vice president of finance and chief financial officer. Kelly, who is currently Appvion’s...
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