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The last time the US economy was reporting numbers as good as it is today, I was a freshman at the university--1969. It is often said when you ascend a mountain, the next thing you must do is descend the mountain.

The PM40 closed Friday, 3 May 2019, at 3662.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

In this issue of Disconnected Comparisons, we evaluate Universal Forest Products and 3M.

Reported insider trading since the last issue of PaperMoney.

Georgia-Pacific will begin temporary layoffs at its Monticello mill May 18, though mill officials won't know how many of the 415 employees will be affected until next week.

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Approximately 675 employees will be impacted by the closure of the Luke Mill.

The temporary curtailment is expected to reduce Conifex's British Columbia lumber output by approximately 24 million board feet.

Attributable to strong production

Nearly 76% of shares outstanding voted in favor of the transaction; of the votes cast, approximately 96% were in favor of the transaction.

They are roughly the same size, with combined revenue of nearly $3.2 billion in the 12 months that ended on March 31.

Georgia-Pacific announced that its Naheola, Alabama, mill has been selected as the location for a new tissue machine and roll storage building to support the company's consumer (retail) bath tissue business.

Cascades Sonoco, a joint venture of Cascades Inc. and Sonoco Products Company, inaugurated the expansion of its facility in Birmingham, Alabama, and its new production line of innovative, eco-friendly packaging.

It is being reported that WestRock will be closing its facility in Monroe, leaving nearly 100 people without a job.

Boise Cascade Company says it has completed the acquisition of American Lumber Distributors headquartered in Birmingham, Alabama.

The PM40 closed 3 May 2019 down 11.1% from the 4 May 2018 level.

The acquisition further extends the company's geographical footprint on the U.S. West Coast and will become a part of WestRock's Multi Packaging Solutions business.

Ladies and gentlemen, the first class of inductees to the Paper Industry International Hall of Fame in Appleton, Wisconsin was inducted more than two decades ago in 1995, and today, more than 130 papermaking innovators and legends have been enshrined. This month, we profile the late Marja-Sisko Ilvessalo-Pfaffli, who was inducted into the Hall of Fame in 2014.

The PM40 closed Friday, 12 April 2019, at 3670.

Get the latest PM40 updates by listening to the weekly Nips show and the PM40 Daily Show on Pulp & Paper Radio International.

The PM40 closed 12 April 2019 down 10.5% from the 13 April 2018 level.

In this issue of Disconnected Comparisons, we evaluate Sappi and Mercer International.

Reported insider trading since the last issue of PaperMoney.

Watch out for your co-workers

Expected to be completed in Q3 2019