GP’s Sweetwater gypsum mill just made a sweet deal with the independent school district (ISD) of Sweetwater, Texas. They’re investing $200k into their career and technology education (CTE) program. The donation is intended to give students the foundational knowledge and skills needed to be successful in the workforce. The investment allows Sweetwater educators to redesign their existing curriculum and learning spaces for students as young as Pre-K all the way to the high school level, where students will receive OSHA (Occupational Safety Health Administration) training and exposure to safe operating procedures. There are 265 students currently enrolled in the CTE program and they will have the opportunity under this partnership to be certified in OSHA along with understanding general operation and safety procedures in industrial settings.

UPM Plywood is planning to permanently close its Jyväskylä plywood mill, which is producing spruce and birch plywood. The company starts a consultation process concerning the entire personnel working at the mill. UPM Jyväskylä plywood mill employs 167 people. The Profitability of Jyväskylä plywood mill has been weak for a long time, even during periods of high-demand. Despite investments as well as savings and improvement activities, the profitability has not improved to a sustainable level.

The company’s acquisition has been finalized. Feldmuehle Uetersen announced that it will be transferred to a subsidiary of the Berlin-based Beteiligungsgesellschaft Kairos Industries with effect from 15 June 2018 and will be continued in full. ‘Feldmuehle’ was founded specially for the transfer. The insolvency administrator and restructuring expert Dr. Tjark Thies from the Hamburg law firm Reimer Rechtsanwälte had concluded an acquisition agreement with Kairos in May 2018. This agreement was under several challenging conditions, which were met the week ended June 15. "The successful completion of this refurbishment is largely thanks to the dedication, flexibility and responsiveness of the Feldmuehle employees," says Thies.