FiberMark plans one-week shutdown, blames China’s anti-corruption laws

FiberMark is closing for a week because orders for packaging for luxury items have dropped. Christina Scanlon / NNY Business

FiberMark is closing for a week because orders for packaging for luxury items have dropped. Christina Scanlon / NNY Business

Anti-corruption laws in China are having an effect on one Lowville business, as orders for luxury item packaging are substantially down.

The facility-wide shutdown next week at the Lowville FiberMark plant will leave 104 employees without work. [Read more…]

Business Briefcase – January 2013

T.I. businesses cite confidence in tourism

Survey says: Optimism among Thousand Islands-area business is growing.

According to a recent survey on tourism, gathered by the 1000 Islands International Tourism Council 65 percent of U.S. and Canadian business owners predicted that the tourism industry would improve over the next five years; only 8 percent anticipated a decline.

Findings were based on 170 “usable” responses from business owners. Forty-seven percent of respondents predicted an improvement, 36 percent believed the status quo would prevail and 12 percent had a negative outlook on growth of the Thousand Islands region. [Read more…]