Paper Company Division: Phoenix Management Services Client Our client was a $60 million company with interests in Paper Converting, Paper and Plastic Packaging, and Paper Products Manufacturing with operations in several states. Problem Acquisitions into new business lines, transitional issues from the majority shareholder to his son, higher raw material costs, supply shortages, dwindling stock, a drop-off in travel following 9/11 that resulted in reduced demand for tissue in the “away-from-home” market, the bankruptcy and subsequent reorganization of a major industry competitor, and industry consolidation resulted in three consecutive years of operating losses at this manufacturer. Solution Phoenix Management Services was engaged to identify ways to return this client to profitability. Ph

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