Industrial Opportunity Partners (IOP) is the current owner and operator of the 129-year-old Midwest Paper mill. After decades of financial struggles, the mill shut down in 2017, but was acquired by new owners reinvested in its operation. It was sold to IOP in January, and HPS was engaged to opportunities for improvement in the areas of Logistics and Sales & Operations Planning to enhance its potential to achieve the goal of profitable operation for its Midwest Paper unit in the years ahead.
TRMG, a prominent UK-based publishing company, expanded into the U.S. market in 2010 creating a separate corporate entity. At the time Hilco Performance Solutions (HPS) was engaged, COVID-19 stay at home orders and restrictions had resulted in the business’s demise, and HPS had to step in and drive the vision of an orderly shutdown.
A leader in the pulp and paper industry was struggling to operate their large network efficienty.A leader in the pulp and paper industry was struggling to operate their large network efficienty.
A provider of oil and gas handling equipment based in the Houston area was struggling to get profitable.