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Pixelle announced it has reached an agreement to sell its Chillicothe mill to U.S. Paper Mill, LLC, an affiliate of U.S. Medical Glove Company (“USMGC”). The buyer has committed to continuing Chillicothe’s legacy of industrial manufacturing and adding significant jobs in the local community.
Pixelle is continuing to provide impacted employees with a range of support resources, including career transition services, job placement assistance, and ongoing access to Pixelle’s Employee Assistance Program to help navigate any career transitions. Additionally, Pixelle is allocating the entire $5.5 million in net proceeds from the transaction to an account established for the benefit of local unions and impacted employees.
Migration to the Lone Star State is driving a retail construction boom.
That’s according to new data from commercial real estate services firm Colliers, which found that between January 2021 and January 2025, Texas recorded a positive net domestic migration of 0.9%. Although construction slowed in 2020 amid pandemic-driven uncertainty, by early 2025, more than 17 million sq. ft. was under construction, with growth fueled by the state’s largest cities of Dallas, Houston, Austin and San Antonio.
Colliers notes that the Texas retail boom contrasts with the national landscape, where construction activity remains historically low. Just 6 million sq. ft. of retail space was delivered nationwide in the second quarter of 2025, bringing total space under construction to 47.9 million sq. ft.
Amazon — a company that made more than $35 billion in profit in the first half of 2025 and is on track to spend more than $120 billion on AI this year — is laying off thousands of people, citing its desire to slim down and “operate like the world’s largest startup.”
The overall message from Amazon reflected a familiar impulse in Corporate America to reduce headcount in the face of rising prices, an unpredictable trade war and a potential (though still largely speculative) artificial-intelligence revolution. Amazon isn’t alone: UPS on Tuesday announced it had cut some 48,000 workers this year; Target eliminated 1,800 corporate jobs last week “to be stronger, faster and better positioned” for the future, its new CEO said; and other spectacularly profitable tech players like Microsoft and Meta have also shed staff by the thousands recently.
But the impulse, which tends to please Wall Street in the short term, also amounts to a giant gamble on a technology that has yet to prove it can deliver the efficiencies its backers have long promised.