HP to supply US Army
Hewlett-Packard (HP) has secured a contract to supply the US Army with desktop and notebook PCs, printers, scanners and displays.The contract, which permits the Army and other agencies to order directly from HP, is estimated to be worth $5 billion over ten years.
City of Hope raises $6.2m
City of Hope’s latest Spirit of Life campaign has raised $6.2 million. The charity’s gala dinner that was held in Chicago in September, marked the end of the year-long campaign and honoured Staples CEO Ron Sargent. Next year’s event will honour Avery Dennison veteran, Jess Beim.
Botnia mill seeks approval
The World Bank’s International Finance Corporation and Multilateral Investment Guarantee Agency will ask its board of directors to approve financing and support for Oy-Metsa Botnia’s Orion pulp mill project in Uruguay. The new pulp mill will produce a million tonnes of bleached eucalyptus pulp per year, in Fray Bentos, Uruguay.
IP to sell Arkansas mill
International Paper is planning to include its Arkansas Pine Bluff paper mill in the sale of its drinks packaging division to New Zealand-based Carter Holt Harvey. Financial terms of the transaction had not been decided at press time.
Newell gets new Atlanta headquarters
Newell Rubbermaid is to build a new 350,000 sq ft Atlanta headquarters. The company is working with developers to construct the 14-story building at Two Glenlake in the Perimeter Center area of the city. Work on the site is due to commence before January, with the move-in date expected to be autumn 2008.
OP consultancy celebrates
Germany-based consultancy firm Becker-Birck Consulting celebrated its 10th anniversary last month. At a time of consolidation, globalisation and ever increasing competition, Becker-Birck Consulting has become a pan-European partner for a host of manufacturers and resellers, including Lyreco, Spicers, Fellowes and Avery Dennison. Its most notable achievement, however, was its masterminding of the BPGI/euro buro merger in 2004.
IBM invests in Emerald Isle
IBM has announced a number of initiatives intended to support entrepreneurship in Ireland and across Europe. Working with the Irish Development Authority, IBM will launch a Dublin-based European Venture Capital Centre, an Innovation Centre for Ireland and has entered a strategic relationship with Enterprise Ireland.
Kores holds Greek open day
Kores Vienna, a manufacturer of copying materials for office use, has hosted its seventh Europe and Asia distributor open day in Athens, Greece. The company, which is represented in Greece by Sophianopolous and Son, held seminars on trade promotions, advertising and managing catalogues.
Wal-Mart strengthens Argentinean presence
Wal-Mart Stores is to invest $150 million over the next two years in the construction of new stores which will double the company’s presence in Argentina. The retailer has been operating in Argentina since 1995 and employs 4,900 people. The new stores will create an additional 5,000 jobs.
UPM backing sustainable forestry campaign
UPM has publicly stated its commitment to legal and sustainable forest management. It supports the view of the World Wildlife Fund and the Finnish Forest Industry Federation which state that "non-governmental organisations and industry can contribute in combating illegal logging by raising awareness among different stakeholders and through stakeholder dialogue".
Wal-Mart to quit South Korea
The proposed $882 million sale of 16 Wal-Mart stores to Shinsegae has been approved by South Korea’s anti-trust agency. The sale has been agreed on the condition that discount store operator Shinsegae must sell at least four of the stores to prevent possible price rises and falls in service quality.
Coles Myer business not up for sale
Coles Myer, parent company of Officeworks, has said that it has not been in talks with either Tesco or Wal-Mart and that it does not plan to sell any of its business divisions. The Australian company’s chairman, Rick Allert, said: "There are no plans to quit Target and no plans to quit Officeworks." He continued: "We can grow more shareholder value from keeping those businesses within the group."
ACCO moves into Russia
ACCO Brands has set up a representative office in Moscow as part of its European Go-to-Market strategy. A new ACCO region has been created to focus entirely on Eastern European countries, Russia, the Ukraine and the ex-CIS states.
Logitech products win Japanese design awards
Five Logitech products received a Good Design Award 2006, sponsored by the Japan Industrial Design Promotion Organization. Two computer mice, a PC speaker system, a webcam and a cordless keyboard-and-mouse combination were named winners in the product design category.
Hitachi joins battery recall
Hitachi is recalling approximately 16,000 Sony-made laptop batteries. No problems have been reported to the company, but it has taken the decision to implement the product recall to ensure customers’ peace of mind.