FTP
FORTRESS PAPER $62.32 (Toronto symbol FTP; TSINetwork Rating: Extra Risk) (1-888-820-3888; www.fortresspaper.com; Shares outstanding: 12.2 million; Market cap: $760.0 million; No dividends paid) has completed its purchase of the assets of the Bank of Canada’s Optical Security Material division.
This division makes the material used in the security threads of various paper currencies, including Canadian currency. The purchase includes almost …read more »
FORTRESS PAPER $34.90 (Toronto symbol FTP; SI Rating: Extra Risk) (1-888-820-3888; www.fortresspaper.com; Shares outstanding: 12.1 million; Market cap: $423.9 million; No dividends paid) operates a plant in Switzerland that makes security paper used in banknotes, passports and visas. The company’s German plant makes high-quality wallpaper-base products.
In April 2010, Fortress bought an idled pulp plant in Thurso, Quebec, for $3 million. …read more »





