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4-Traders Homepage  >  Equities  >  Nyse  >  Verso Corp    

VERSO CORP
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Verso : Introduces CraftPoint, a Family of Beverage Label Papers for Craft Beers, Spirits and Wines

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09/09/2016 | 06:03pm CEST

By a News Reporter-Staff News Editor at Food Weekly News -- Verso Corporation (NYSE: VRS), a leading producer of flexible packaging, technical, and label and converting papers, announced the introduction of CraftPoint™, a family of premium pressure-sensitive and cut-and-stack beverage label papers designed to make craft beers, spirits and wines stand out on the shelf or in the cooler.

https://photos.prnewswire.com/prnvar/20160901/403547

"As small-batch, independent beverage offerings continue to grow, we saw the need to create new and interesting label papers that truly represent the pride, craftsmanship and unique character contained in each and every craft beverage bottle," said Mike Weinhold, Verso Senior Vice President of Sales, Marketing and Product Development. "Our American-made CraftPoint™ label papers are as compelling as the beverages they represent, and are backed by our decades of experience producing high performance wet strength, cut-and-stack, and pressure sensitive label papers."

Available in four finishes and multiple basis weights ranging from 52 lb. to 70 lb. (3300 sq. ft.), CraftPoint™ beverage labels are designed to attract attention.

CraftPoint™ Canvas - Rustic texture with a pleasing soft, tactile finish

CraftPoint™ Matte - Matte finish with low gloss that supports high print fidelity

CraftPoint™ Gloss - Medium gloss finish that's ideal for a clean, wet look

CraftPoint™ Reflections - High gloss with a mirror-like finish for premium beverages

"With a pleasing white shade, and high wet strength and wet opacity, CraftPoint™ label papers offer the right combination of aesthetics and performance," said Jason Handel, Verso Group Vice President of Product Development and Technical Sales. "In addition, the multiple basis weights provide even more options for unique beverages to achieve a label look and feel that will stand out."

CraftPoint™ joins the broader range of coated one side (C1S), beverage and special purpose label papers from Verso. For more information or product samples, visit the Verso Booth No. 1539 at Labelexpo Americas in Chicago, Illinois, September 13 through 15, 2016, email specialtypapers@versoco.com or visit versoco.com/specialtypapers.

Keywords for this news article include: Food, Beverage, Verso Corporation.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2016, NewsRx LLC

(c) 2016 NewsRx LLC, source Science Newsletters

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Financials ($)
Sales 2017 2 499 M
EBIT 2017 12,5 M
Net income 2017 -24,5 M
Debt 2017 -
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018 27,83
Capi. / Sales 2017 0,07x
Capi. / Sales 2018 0,07x
Capitalization 172 M
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 13,1 $
Spread / Average Target 162%
EPS Revisions
Managers
NameTitle
B. Christopher DiSantis President, Chief Executive Officer & Director
Robert M. Amen Chairman
Allen James Campbell Chief Financial Officer & Senior Vice President
Benjamin Hinchman Chief Information Officer & Vice President
Alan Jeffrey Carr Director
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