Paying the price: Pactiv passed up millions in revenue to close Canton paper mill
Amid ongoing restructuring, Pactiv Evergreen presented its first quarter earnings report on May 2, missing earnings targets and revealing flagging revenue at least partially attributable to the closing of its Canton paper mill last year.
Drought washes away in winter rain
Heavy rains last week banished all but a spot of severe drought from the mountain region, with more relief likely to be reflected in next week’s drought map from the N.C. Drought Management Advisory Council.