A number of newsprint companies have announced temporary shutdowns to reduce inventories and strengthen prices.
This theory is that prices have dropped so low that newsprint companies will demand staggering increases as soon as they can get away with it.
For instance, earlier this year, a number of newsprint companies announced that the price of newsprint would increase on Aug. 1.
As they do, they are suddenly demanding that newsprint companies supply them with much more recycled paper than is now being produced.
To stretch existing manufacturing capacity, newsprint companies began producing 30-pound paper, and virtually every newspaper in the nation quickly switched to the lighter stock.
A shift in Quebecor's objectives brought the two newsprint companies together.
Two major newsprint companies, however, have announced a price increase of $50 a ton.
North America's largest newsprint company wants to increase prices.
Mr. Brant had pleaded guilty to billing personal expenses to his newsprint companies.
Mr. Swardenski and the newsprint company eventually settled on a debt of $2.1 million.