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ROGER TAYLOR: Box maker, Maritime Paper, bets on post-pandemic economy – The Journal Pioneer

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Roger Taylor
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@thisrogertaylor

Packaging company, Maritime Paper Products Limited Partnership in Dartmouth has purchased some new technology, which will “reduce its manual operations with increased automation.”Despite that, Sheldon Gouthro president and CEO of Maritime Paper, says it will not reduce the size of the workforce at the company.
Currently there about 150 people at the company’s operation in Dartmouth and when combined with operations in St. John’s, N.L. and in Moncton, N.B., he says, the company’s total compliment of employees is about 250 people.
The equipment purchased from Fremont, Calif.-based Electronics For Imaging (EFI) Inc. is expected to improve productivity, cut waste and reduce Maritime Paper’s carbon footprint.
Gouthro wouldn’t say how much the new equipment cost, except to say it is a significant investment. The plan is for the equipment to be installed at the main plant in Burnside Industrial Park by the end of the first quarter next year.
He admitted concern about the break down of the Atlantic Bubble, which may make it difficult to bring in technicians to complete the installation of the new equipment on time.
“Our number-one goal is to reduce waste, not just in paper but in overall operational efficiency,” Gouthro stated in the EFI news release. “We estimate our waste reduction with Escada (control systems technology) will be more than 10 per cent.
“With better process control we can increase speed and push up time on our corrugator and run a more sustainable operation with benefits that trickle down to every area of the company,” he said. “It’s like having cruise control on your car. I doesn’t mean there isn’t someone there still driving the machine.”
Maritime Paper produces more than 150 cardboard packaging combinations, says Gouthro.
“Each one has a unique recipe requiring specific run speeds, so this technology will give us the best efficiency and quality of our combined board while making rapid, automatic adjustments without comprising the quality of our board,” he said.
Maritime Paper, has been an independent corrugated manufacturer and printer for more than 90 years. It is one of six operating companies controlled by Scotia Investments Ltd. based in Bedford. Scotia Investments was incorporated in 1927, as part of the ongoing legacy of the late Nova Scotia industrialist Roy Jodrey.
The company started planning to purchase the EFI Escada Corrugator Control system during the last part of 2019, before anyone heard of COVID-19 and what it would mean, says Gouthro.
The new Escada system being installed in Dartmouth gives Maritime Paper a competitive advantage with the ability to produce higher-quality graphics on superior combined board manufactured.
While there was concern about what would happen at the beginning of the pandemic, Gouthro says there was a small downturn in the beginning but business picked up as it became apparent that there was increased need for packaging due growth in e-commerce.
“We were fortunate enough to be designated an essential service, because of the increased need for packaging during,” he says.
While there were plenty of concern about making this type of investment during a medical and economic crisis, Maritime Paper’s decision to proceed with its plan, means the company is focused greater efficiency which should serve the company well once the pandemic comes to an end.
The Escada system purchased from EFI is designed to produce the highest-quality boards at optimum speeds and with repetitive consistency. The other EFI product purchased is the Escada Syncro 7, which is designed to manage the corrugator control functions automatically, thus achieving maximum output.
Although the new system is being installed in Dartmouth, it is expected to also create greater efficiencies at the company’s plants in St. John’s and Moncton.
With the growth in demand for packaging, driven by increased home deliveries across all sectors of the economy, Gouthro says, achieving high-quality graphics is a competitive advantage when dealing with clients, particularly in the food and beverage industries.

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RELEASE: 10 Recommendations That Will Improve Maine's Economy and Democracy – Center For American Progress

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RELEASE: 10 Recommendations That Will Improve Maine’s Economy and Democracy – Center for American Progress


Washington, D.C. — In Maine, more than 12 percent of residents live below the poverty line, and more than 1 in 3 families do not earn enough to pay for basic expenses. A new report from the Center for American Progress explains how strengthening worker power is key to reducing poverty and economic inequality in the state and how it would help to raise wages, close racial and gender pay gaps, and make the state’s democracy more responsive to the public.

While there are many steps the state could take to address these issues—including improving workplace health and safety standards, enforcing anti-discrimination rules, and reducing the influence of money in politics—ensuring that workers have a collective voice is crucial. Union membership in Maine has plummeted over the past 50 years. Today, only 5.5 percent of private sector workers belong to a union, despite the fact that research shows that unions help Mainers earn higher wages and benefits. Declining union membership has been accompanied by rising income equality in the state.

The report provides a blueprint for Maine policymakers to build worker power in their state, including these 10 policy recommendations:

  1. Provide workers a voice in setting and enforcing public health standards.
  2. Ensure that government spending creates good jobs.
  3. Improve workforce training by more fully involving worker organizations.
  4. Create workers’ boards to provide workers a voice in determining minimum industrywide pay and benefits.
  5. Partner with worker organizations and provide workers with a private right to action to ensure that workplace standards are enforced.
  6. Involve worker organizations in unemployment insurance modernization.
  7. Strengthen public sector unions.
  8. Use business permitting and licensing standards to support high-road businesses.
  9. Close loopholes that allow employers to skirt legal responsibilities and undermine worker power.
  10. Implement broad anti-retaliation protections.

“The COVID-19 crisis has exacerbated inequalities and shone a light on unsafe conditions in many Maine workplaces,” said David Madland, senior fellow at CAP and co-author of the report. “Weak worker protections and low rates of union membership have made it harder for workers to speak out and ensure that they are compensated fairly for their work. State policymakers can ensure a safer and more equitable economy for all Mainers by enacting reforms that strengthen workers’ voices on the job and in the economy.”

Read the report: “Strategies To Build Worker Power in Maine: 10 Recommendations That Will Improve Maine’s Economy and Democracy” by David Madland and Malkie Wall

For more information or to speak with an expert, contact Julia Cusick at .


The Center for American Progress is an independent nonpartisan
policy institute that is dedicated to improving the lives of all
Americans, through bold, progressive ideas, as well as strong
leadership and concerted action. Our aim is not just to change
the conversation, but to change the country.

© 2021 – Center for American Progress

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Biden's rescue plan will give U.S. economy significant boost: Reuters poll – The Telegram

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By Indradip Ghosh and Richa Rebello

BENGALURU (Reuters) – U.S. President Joe Biden’s proposed fiscal package will boost the coronavirus-hit economy significantly, according to a majority of economists in a Reuters poll, and they expect it to return to its pre-COVID-19 size within a year.

Biden has outlined a $1.9 trillion stimulus package proposal to jump-start the world’s largest economy, which has been at the epicenter of the COVID-19 pandemic having lost over 400,000 lives, fueling optimism and sending Wall Street stocks to record highs on Thursday.

Hopes for an upswing in U.S. economic growth, helped by the huge stimulus plan, was reflected in the Jan. 19-22 Reuters poll of more 100 economists.

In response to an additional question, over 90%, or 42 of 46 economists, said the planned fiscal stimulus would boost the economy significantly.

“There are crosswinds to begin 2021 as fiscal stimulus helps to offset the virus and targeted lockdowns. The vaccine rollout will neutralize the latter over the course of the year,” said Michelle Meyer, U.S. economist at Bank of America Securities.

“And upside risks to our…growth forecast are building if the Democrat-controlled government can pass additional stimulus. The high level of virus cases is extremely disheartening but the more that the virus weighs on growth, the more likely that stimulus will be passed.”

For a Reuters poll graphic on the U.S. economic outlook:

https://fingfx.thomsonreuters.com/gfx/polling/oakveynqovr/Reuters%20Poll%20-%20U.S.%20economy%20outlook.png

The U.S. economy, which recovered at an annualized pace of 33.4% in the third quarter last year from a record slump of 31.4% in the second, grew 4.4% in the final three months of the year, the poll suggested.

Growth was expected to slow to 2.3% in the current quarter – marking the weakest prediction for the period since a poll in February 2020 – amid renewed restrictions.

But it was then expected to accelerate to 4.3%, 5.1%, 4.0% in the subsequent three quarters, a solid upgrade from 3.8%, 3.9% and 3.4% predicted for those periods last month.

On an annual basis, the economy – after likely contracting 3.5% last year – was expected to grow 4.0% this year and 3.3% in 2022, an upgrade from last month.

For a graphic on Reuters Poll – U.S. economy and Fed monetary policy – January 2021:

https://fingfx.thomsonreuters.com/gfx/polling/azgpoljbkvd/U.S.%20economy.PNG

Nearly 90%, or 49 of 56 economists, who expressed a view said that the U.S. economy would reach its pre-COVID-19 levels within a year, including 16 who expected it to do so within six months.

“Even without the stimulus package, we had already thought the economy would get back to pre-COVID levels by the middle of this year,” said Jacob Oubina, senior U.S. economist at RBC Capital Markets.

“With the new stimulus package there will be more direct money in people’s pockets, easily boosting the economy, provided a vaccine rollout progresses in a constructive manner.”

But unemployment was not predicted to fall below its pre-pandemic levels of around 3.5% until 2024 at least.

When asked what was more likely for inflation this year, only one said it would ease. The other 40 economists were almost evenly split between “a significant pickup” and price pressures remaining “about the same as last year.”

Still, the core Personal Consumption Expenditures (PCE) price index – the Federal Reserve’s preferred inflation gauge – was forecast to average below the target of 2% on an annual basis until 2024 at least, prompting the central bank to keep interest rates unchanged near zero over the forecast horizon.

“I don’t think it will be an increase in underlying (inflation) trend, it is sort of a rebound in prices that have been depressed during the pandemic,” said Scott Brown, chief economist at Raymond James.

(For other stories from the Reuters global long-term economic outlook polls package:)

(Reporting by Indradip Ghosh and Richa Rebello; Additional reporting by Manjul Paul; Polling by Mumal Rathore; Editing by Rahul Karunakar and Hugh Lawson)

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How Biden's Pandemic Plan Could Affect The Economy – NPR

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President Biden has outlined an aggressive plan to gain control over the coronavirus pandemic, which continues to weigh heavily on the U.S. economy.

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