Business news of local interest
Appvion income increases
APPLETON, WIS. — Appvion’s 2016 operating income improved to $23.5 million from $10.5 million in 2015 as aggressive cost reductions combined with sales and volume growth and improved prices for its thermal products more than offset lower prices and shipment volume for its carbonless papers.
Appvion’s fourth quarter 2016 net sales of $167.1 million were $2.3 million lower than fourth quarter 2015. Thermal papers net sales were $101.1 million, which was $5.3 million higher than fourth quarter 2015. Carbonless papers net sales of
$66 million declined $7.6 million compared with fourth quarter 2015.
Appvion recorded fourth quarter 2016 operating income of $6.7 million compared with $3.5 million a year earlier.
Lower spending associated with the annual maintenance downtime taken at the Roaring Spring mill also benefited the firm.
CareerLink plans job fair
DUNCANSVILLE — Pennsylvania CareerLink Blair County will hold a job fair April 5 at the National Guard Readiness Center, 518 Municipal Drive.
More than 50 prospective employers will be in attendance.
Hours are 9 to 9:30 a.m. for veterans only and 9:30 a.m. to 12:30 p.m. for the general public.
For more information, call 940-6200.