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We believe the American papermakers actions are intended to stop competitors from offering products to U.S. printers and are simply an attempt to raise paper prices by restricting supply.
We have read their statements where they comment that they want to raise prices on paper but the presence of these competitors makes it impossible. As a printer we only dream about using the U.S. government to stop competitors from selling printing to our customers, but we do not seem to have the political influence of the paper companies. Let’s not forget that the holding company for NewPage, Cerberus Capital Management, has a former U.S. Treasury secretary and vice-president on their board.
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- Companies:
- NewPage Corp.
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