Q3 Paper Outlook — Beaten to a Pulp

Lower paper prices are not necessarily good news for the printing industry, so say even those responsible for buying large quantities of it. "We all need the paper companies to be healthier than they are right now," asserts Dan O'Brien, senior vice president of paper operations for Quebecor World in Greenwich, CT. "It's a very capital-intensive business, so paper producers need better market conditions to support reinvesting in their operations and capabilities. There are signs indicating that the market has bottomed out."