May 12, 2009. /Lesprom Network/. Fortress Paper Ltd reported a 14% drop in 1Q profit as its specialty paper segment faced a challenging quarter due to the global economic slowdown, as Reuters agency informed Lesprom Network. "Specialty papers from our Landqart mill continue to experience challenges as a result of the global economic slowdown and will be a specific area where we intend to focus on implementing cost saving initiatives," CEO Chad Wasilenkoff said in a statement. The producer of security and specialty papers posted net income of C$3.6 million ($3.13 million) down from C$4.2 million ($3.62 million) a year ago. Sales dropped 6% to C$46.6 million ($40.2 million), the company said. Fortress Paper is a leading international producer of security and other specialty papers. The company operates two paper mills, the Landqart Mill located in Switzerland and the Dresden Mill located in Germany.