CBS News featured Onward Reserve, a valued Lett Direct client and The Dingley Press, a trusted partner in a segment that aired nationally this week. This informative story confirms the importance of catalogs as a major driver of traffic to the web. It’s very well done and we want to share this segment with you in case you missed it.
https://www.cbsnews.com/videos/printing-catalogs-is-a-booming-business-in-this-state/?utm_source=Lett+Direct+Subscribers+-+Updated&utm_campaign=97d482fee6-2017_09_20&utm_medium=email&utm_term=0_3f5db68a9d-97d482fee6-465671601&mc_cid=97d482fee6&mc_eid=6c15c235f5
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Atlas Holdings announced that it has completed its acquisition of substantially all of the assets of LSC Communications, Inc. The transaction concludes a court-supervised sale process, pursuant to Section 363 of the U.S. Bankruptcy code. LSC is the largest producer of books in the United States and a leading manufacturer and distributor of magazines, catalogs and office products. With more than 14,000 dedicated associates across more than 50 facilities, the company is organized around four business segments, Magazine, Catalog & Logistics, Books, TOPS Products and its Mexico Print operations, which collectively service the traditional and digital print, printrelated services and office products markets. LSC begins its new chapter with a strong balance sheet, an optimized manufacturing footprint and a more competitive cost structure. As a leaner and more efficient organization, LSC is positioned to continue investing in innovation and sustainable growth with the support of Atlas’ financial strength and sector knowledge.
Flint Group, a leading supplier of inks and coatings for the global print and packaging industry, announces the launch of its Sustainability Report for the 2023 financial year, which details the company’s progress against its ambitious sustainability targets. The report details substantial advancements for Flint Group’s commitment to environmental stewardship and social responsibility and highlights notable gains made against the three pillars of its PRISM framework – Product, Planet, and People. The detailed update details key achievements made throughout 2023. In 2023, Flint Group reduced its total energy consumption by 15% compared with the previous year, while its use of renewable energy grew from 16% to 24% in the same period.
LSC Communications announced that it has acquired Fairrington Transportation, an industry leading full-service mailing and logistics provider. Fairrington’s capabilities include a complete range of logistics services from freight management to postal optimization solutions. Founder and CEO of Fairrington, Victor Warren said, “Fairrington has been providing delivery solutions that meet our clients’ needs for 36 years. We are excited that joining forces with LSC will give us the scale necessary to expand our service offerings.” Thomas J. Quinlan III, Chairman and CEO of LSC, further commented, “Fairrington’s experienced leadership, combined with the fact that publications such as magazines and catalogs are at the core of many of our clients’ businesses make this acquisition a natural fit for LSC. Our strategic focus is to continue to expand LSC’s logistics service offering in ways that add value to our clients’ traditional print supply chains, and beyond.”