WALLPAPER NORWALL GROUP INC

norwall group inc

These statements, although considered reasonable by Norwall at the date of this press release, may prove to be inaccurate and consequently Norwall’s actual results could differ materially from its expectations as set out or implied in this release. The fully integrated facility includes a coating mill for production of vinyl-coated and pre-pasted paper and contains six rotogravure printing presses that create designs and prints. However, Norwall Group, Inc. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Wall to Wall Success. Fears of low turnout mar North Macedonia vote. A special meeting the “Meeting” of Norwall’s shareholders has been called for December 3, , at which time shareholders will be asked to consider and, if deemed advisable, approve the Consolidation.

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One of the challenges is to produce packaging that will allow the nnorwall to sell in the self-serve environment. It will also apply to the securities regulatory authorities to cease to be a reporting issuer in each province in which it is currently a reporting issuer.

MitchellNewco, Albeem B. It organizes specific designs and colors by theme unc fashion to form annual collections targeted to specific customer groups, tastes, and price ranges.

NORWALL GROUP INC

Unless otherwise required by applicable securities laws, Norwall disclaims any intention or obligation to update or revise any forward-looking statements. Besides mass merchants, customers include home centers and specialty stores. The Consolidation is exempt from the formal valuation requirement of MI because Norwall is not gruop on a “specified market” within the meaning of section 4. Easter blasts at Sri Lanka hotels and churches kill at least A major acquisition occurred inwhen Norwall bought Patton Wallcoverings Inc.

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Much of our current design has a s retro kind of look. As part of the manufacturing process, the company purchases raw paper in inch-wide rolls. Peace talks on Afghanistan in Qatar indefinitely postponed. This allows the company to show new designs and colors to customers to determine reaction before committing to mass production runs. Latest News Top News.

Essentially, Norwall wants grohp change the way people look at wallcoverings. So, innovation in design is a key to growing the company. This comes in response to stiff competition from the paint business, which is benefiting from the increased popularity of faux paint finishes. Its subsidiary, Patton Wallcoverings Inc.

These statements are based on Norwall’s current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which Norwall and its subsidiaries operate. See Groul press release dated June 1, for further details concerning the Ashton Litigation. Now it feels well positioned to take advantage of future opportunities. The flavor is suggested by the names of some of the current collections: Typically, Norwall buys its designs from independent designers and then colors the designs ic its own studio.

Recently, it became the principal supplier of wallcoverings to K-Mart. Patton as an interested director abstaining and acting on the recommendation of an independent committee of directors formed to consider the Consolidation, has unanimously approved the Consolidation and determined it to be in the best interests of Norwall and fair to Minority Shareholders.

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Norwall typically provides mass-merchant customers with a full line of customized services, as it selects products to sell and provides in-store marketing and fixturing, and point-of-sale merchandising.

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In order to sell to this expanded market, Norwall began creating wallcovering designs marketed both as collections and as in-stock wallpaper programs. Along with its other initiatives, Norwall plans to continue focusing on packaging. Further, Norwall has two warehouse locations from where it ships products to customers. However, into increase its presence in high-style and contemporary segments, it expanded its product offering to 20 collections, a 40 percent increase over However, Norwall Group, Inc.

Under the Business Corporations Act Ontariothe Consolidation requires the approval of two-thirds of the votes cast by shareholders at the Meeting. It is also exempt from the minority voting requirement by virtue of section 5.

Major factors cited include an aging customer demographic and excess capacity. The media kit, which includes pricing options and information on our audience will be sent to your inbox shortly. A special meeting the “Meeting” of Norwall’s shareholders has been called for December 3,at which time shareholders will be asked to consider and, if deemed advisable, approve the Consolidation.