Quad/Graphics, Inc. announced that it has reached a definitive agreement to sell its Omaha packaging plant for $40 million to Graphic Packaging International. The transaction is expected to close on or about January 31, 2020, and Quad will use proceeds from the sale to reduce debt. “The Omaha plant’s focus on high-volume, low-cost converting for folding cartons is a great fit with a vertically integrated supplier like Graphic Packaging, which operates both paperboard mills and converting facilities,” said Joel Quadracci, Chairman, President & CEO of Quad.
Royle Printing will be partnering with American Red Cross on Wednesday, February 26 as part of its bigger 2020 charity giveback campaign. In February, severe winter weather and seasonal illnesses can make it difficult for American Red Cross to maintain a sufficient blood supply to support those in need and your help is needed. Royle is urging the local community of Sun Prairie and its employees to come together to donate blood to give hope and strength to patients who need it most. Cancer patients are most effected by the lack of blood supply as they use nearly one quarter of the nation’s supply daily. “Donating blood can extend a patient’s time by a day, week or even years… you don’t know how much it means to these individuals and their families,” states Roxie Berra, Donor Recruitment Account Manager of American Red Cross.
Worzalla, an employee-owned printing company specializing in high-quality custom products including popular children’s books and movie tie-in books, announced a competition to name its new printing press, the Name That Press Competition. Worzalla is in the process of executing a modernization and expansion plan that will add 50,000 square feet to Worzalla’s manufacturing headquarters, upgrade equipment, and hire additional associates. One of the equipment upgrades was the addition of a new Heidelberg 106 press, which has been delivered and will be fully operational later this Spring. The new printing press will print pages and covers of custom books of varying sizes, shapes, and colors.
TC Transcontinental is confirming that it has completed the sale of its paper and woven polypropylene packaging operations to Hood Packaging Corporation, as announced in a press release on November 27, 2019. The closing of this transaction enables the Corporation to reduce its net indebtedness ratio to approximately 2.0x and gives it the flexibility needed to continue its transformation through targeted acquisitions. Hood Packaging Corporation, a wholly owned subsidiary of Hood Companies, Inc., acquires the following paper packaging operations and buildings of TC Transcontinental: Transcontinental Sibley, Iowa; Transcontinental Hanford, California; Transcontinental Hazleton, Pennsylvania; and Transcontinental Tifton, Georgia. In addition, Hood Packaging Corporation acquires the paper and woven polypropylene packaging operations at the Transcontinental Spartanburg, South Carolina plant.
Electronics For Imaging, Inc. will deliver the first EFI™ Cubik S700 industrial single-pass digital inkjet printer in North America to Mono, Ontario-based flooring manufacturer Kember Kreative Interiors in early 2020. The company purchased the printer for its Kember Flooring subsidiary in Michigan, where it will launch a research and development initiative that is expected to improve efficiencies and relieve existing production burdens. “The idea is to use the Cubik printer to replace our existing analog staining method,” said Peter Kember, owner and managing director of Kember Kreative Interiors. “One of the challenges we face today is to achieve a consistent color at the end of our production lines when using varying batches of substrates. Currently, we need to adjust stain formulas to compensate for the differences, which can take hours to perfect. The Cubik will enable us to classify each flooring plank – inline – and select the formula to achieve the desired end color.”
Minuteman Press International is proud to announce the promotion of Nick Titus to president. Nick is the third-generation president of Minuteman Press, which remains a family-owned and operated franchisor with world headquarters based in Long Island, N.Y. and nearly 1,000 independently owned and operated franchises worldwide. Previously, Nick was vice president of marketing. Bob Titus will remain the company’s CEO. Nick Titus says, “We have a tremendous company with incredible people who care about its success. Most importantly, the foundation and strength of our organization relies on having dedicated franchise owners. I believe that our company is strong and we are in a very good position for continued growth.”
EO Johnson Business Technologies has acquired print finishing equipment and media solutions company Standard Dynamics, based in Burnsville, Minn. The move extends EO Johnson's Production Print division to include additional finishing equipment, supplies, service, and expertise for the benefit of customers. The acquisition was finalized Jan. 3, 2020. "With the acquisition of Standard Dynamics, we will be able to provide broader expertise than ever before to our clients," explained Mary Jo Johnson, CEO and owner of EO Johnson Business Technologies. "For more than 85 years, Standard Dynamics has been a successful provider of print finishing equipment, and their expertise is a perfect complement to our existing world-class production equipment and wide-format systems. Clients will have more choices than ever before, including expansion into paper folders and cutters, perfect binders, saddle-stitchers and booklet-makers."
LSC Communications, Inc. announced that it will close its manufacturing facilities in Strasburg, VA, Glasgow, KY and Mattoon, IL as the Company continues to focus on manufacturing footprint optimization to align with industry trends. These actions will strengthen the Company’s manufacturing platform by significantly reducing costs and improving utilization across LSC’s production facilities. The streamlined platform will enable the Company to continue providing the industry’s highest levels of quality and service to publishers of magazines and catalogs. The closing of the three plants is expected to be completed by July 2020, and the Company will be working closely with clients to ensure a smooth transition. “LSC continues to take actions to capitalize on our greatest value drivers while optimizing our platform to efficiently and effectively deliver the best products and services for our clients,” said Thomas J. Quinlan III, LSC’s Chairman, Chief Executive Officer and President.
Color Ink, located in Sussex, Wis., was founded 35 years ago as the print production arm of what was primarily a graphic design studio. Under direction of Todd Meissner, president and son of the founder, the company continues to expand its capabilities through the digital transformation of its production systems in order to bring to life the concepts of in-house designers as well as those of the ad agencies and retail customers it serves. Currently, Color Ink focuses on the point-of-sale and P-O-P marketplace, which involves creative and often complex products that are largely short run. Some projects call for developing one-off prototypes, but even a client doing business nationwide might need only 10 to 100 finished items to ship to its branches. Meissner notes, “Thirty years ago, the creative solutions were primarily two-dimensional graphics on printed paper. Now our creative involves more structural designs, three dimensions, maybe a unique material or production method, embellishments.”
Royle Printing is pleased to announce that Mike Sipala is joining Royle Printing as a senior account executive. Mike will be responsible for developing and enhancing business opportunities in the Northeast corridor, specifically in the catalog and direct mail segments. “Royle is delighted to have Mike join our team,” says Chris Carpenter, president and owner of Royle Printing. “Mike has a wealth of experience and success in working with a variety of catalog companies, sharing partnerships with some of most prominent names in the catalog industry. As we continue to grow and expand our capabilities in this niche, I’m confident Mike will play an important role in helping us grow the business.”