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Editorial Results (free)

1. Verso Paper CEO to Retire in Mid-May -

Coated paper maker Verso Paper Corp. said Friday that its CEO Michael Jackson will retire in mid-May and be replaced by the former CEO of newsprint maker AbitibiBowater Inc.

2. Covington Plant Expansion to Put Dent in Unemployment -

COVINGTON – A health drink plant expanding to produce ice cream and other frozen treats might seem contrary to diets but not in Covington.

Such a development could prove to be quite nourishing in the county seat of Tipton County, which has a double-digit unemployment rate.

3. Newsprint Maker Pushes Back Reopening -

A newsprint mill in Grenada, Miss., won’t resume production in June as previously announced.

General Manager Wade Taylor said the plant is building its lumber supply for a reopening in July.

4. Paper Companies Get Unexpected Tax-Credit Windfall -

WASHINGTON (AP) - A law to make the earth a little greener is giving paper mills an unintended multibillion-dollar tax windfall with the help of a little diesel fuel.

The bonanza, however, could be short-lived.

5. AbitibiBowater Files For Bankruptcy Protection -

Newsprint maker AbitibiBowater Inc. on Thursday filed for bankruptcy protection in courts in the United States and Canada.

6. Forest, Paper Products Firms Struggled in 2008 -

Lumber and paper products companies faced two challenges in 2008, soaring energy costs in the first half, and sinking demand for their products in the second, which sent shares tumbling for the year.

7. AbitibiBowater To Close Mills, Cut Jobs -

The largest North American newsprint maker this week said it is taking several cost-cutting steps to address challenges in the market, including the elimination of 1,100 jobs and the closure of facilities in Tennessee and elsewhere in the U.S.

8. Wood, Paper Cos. AdaptIn Changing Economy -      The double blow of slowing home construction and falling newsprint demand is hitting wood and paper companies and forcing them to try to adapt quickly. The strategies of choice: consolidation and cost-cutting.