Komori America Corporation, a premier manufacturer of printing solutions, today announced that family-owned Standard Press, located in Atlanta since 1932, has recently installed a 40-inch, six-color Komori Lithrone press with coater (GL640C) equipped with Komori’s proprietary H-UV™ system. Standard Press services a variety of clients that include Fortune 500 companies, universities and advertising agencies. The full-service commercial printer has built a strong reputation on providing both high quality work as well as exceptional customer service. The addition of the new Komori press underscores Standard Press’ commitment to answer customer requirements for dramatic special effects as well as cross platform compatibility with H-UV and conventional inks and coatings.
R. R. Donnelley & Sons Company (Nasdaq:RRD) and Courier Corporation (Nasdaq:CRRC) jointly announced today the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR") in connection with the previously announced merger agreement under which RR Donnelley will acquire all of the outstanding common stock of Courier Corporation. The waiting period expired on Monday, March 23.
"RR Donnelley's broad suite of retail solutions are designed to help brands better attract, inform, enlighten and engage consumers everywhere—in-store, at home or on-the-go," said Denise Costello, RR Donnelley's Group Senior Vice President Retail Solutions. "In today's hyper-competitive environment, brands need new and innovative solutions to showcase products in ways that convert shoppers into buyers." The dynamic booth experience was designed to highlight the suite of high-impact products and solutions that brands can use across an array of channels to engage consumers. From in-store marketing that attracts attention and inspires action at or near point-of-purchase, to advertising solutions that reach target audiences in-and out-of-home, to direct marketing offerings that accelerates the path to purchase, to digital and mobile solutions that create "in-the-moment" branded experiences, RR Donnelley has unique capabilities to provide and synchronize across the communications channels.
MCD Inc., one of the largest graphic arts products and finishing companies in the Midwest, announced today that it has transferred 100 percent ownership of the company to its 57 full-time employees. MCD’s ownership transfer was conducted via an Employee Stock Ownership Plan, or ESOP. An ESOP is a qualified retirement plan that buys, holds and sells company stock for the benefit of the employees, providing them with an ownership stake in the company.
Sport Graphics, a commercial printer that specializes in sports-related printing for customers across the country, has produced a 267×165-foot sign that was mounted on the JW Marriott based here, showing this year’s NCAA men’s basketball tournament bracket. The massive graphic was produced on an EFI VUTEk HS100 Pro high-speed digital UV inkjet wide-format press (which makes a cameo in this video), and Sport Graphics will be updating the entire graphic throughout the NCAA tournament. The firm is also producing signage work nationally for this year’s NCAA basketball championship.
Cimpress N.V. (Nasdaq: CMPR), the world leader in mass customization, announced today it has entered into a definitive agreement to acquire druck.at Druck- und Handelsgesellschaft mbH (druck.at), one of the leading web-to-print businesses in Austria. The acquisition supports Cimpress’ strategy of building a software-enabled operational platform that aggregates and optimizes the supply chain and production of mass customized products such as signage, printing, apparel and promotional products. Cimpress goes to market via a portfolio of specialized and focused brands and Druck.at aligns with the Cimpress strategy in this regard as well. Druck.at, founded in 2001, produces a wide variety of high quality printed products that are sold both directly to small and medium business customers and through resellers such as graphic designers, print brokers, and local print shops.
Canon Solutions America, a wholly owned subsidiary of Canon U.S.A., today announced that Nordis Direct, a Florida-based business communications and direct mail provider, recently expanded its fleet of high-speed, high-volume cutsheet printers with its third acquisition of an Océ VarioPrint 6320 printing system. This purchase marks the 100th VarioPrint 6000+ Series model sold by the Enterprise Services and Solutions division of Canon Solutions America. Supporting customers through its leading-edge proprietary software, Expresso, Nordis Direct continues to help push the evolution of business communications services. To maintain an increasingly high level of productivity, its flagship location in Coral Springs, FL, now produces materials using two of the Océ VarioPrint 6320 printers. The company recently opened a new 16,000-square-foot production facility in Las Vegas, that utilizes the services of its third Océ device.
Revenues for the first quarter of 2015 increased 1.1%, from $499.3 million to $504.6 million. This increase is mainly attributable to the contribution from acquisitions, more specifically the acquisition of Capri Packaging and the Quebec weekly newspapers from Sun Media Corporation. New printing and distribution agreements signed in 2014 also contributed to the increase in revenues. In addition, the appreciation of the US dollar against the Canadian dollar had a favourable impact. This growth in revenues was mitigated by disposals and closures, namely the sale of Rastar's assets, a reduction in marketing products printing activities, a transitional slowdown in flyer printing activities in the United States and, to a lesser extent, in Canada, and challenging market conditions for advertising spending. In the first quarter of 2015, adjusted operating earnings rose 21.6%, from $43.5 million to $52.9 million.
EFI™ (Nasdaq:EFII) today announced new EFI Fiery® digital front ends (DFEs) for Xerox's newest digital presses. The Xerox EX-i 80 Print Server and EX 80 Print Server Powered by Fiery are available on the Xerox Versant® 80 Press, while the Xerox EX-P 1000i Print Server Powered by Fiery is available for Xerox Color 800i/1000i Presses. "The combination of our advanced production printing solutions and EFI Fiery technologies will help ensure that our customers have the high-end quality and automated, streamlined productivity they need to advance in a competitive marketplace," said Robert Stabler, senior vice president, Graphic Communications, Xerox.
The Standard Register Company (the “Company”) today announced that it and its subsidiaries have filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The Company also announced that it is pursuing a sale process and has entered into an acquisition agreement with an affiliate of Silver Point Capital, L.P. The agreement was submitted to the Bankruptcy Court today. Under the proposed agreement, the Company’s assets will be sold for approximately $275 million plus the assumption of certain other liabilities. The sale agreement contemplates a Court-supervised auction process, which is designed to facilitate a competitive sale process.