TC Transcontinental announced the acquisition of Holland & Crosby Limited, a manufacturing company specialized in in-store marketing product printing, including advertising display and signage, for North American retailers. Located in Mississauga, Ontario, Holland & Crosby Limited employs 85 people and enjoys an excellent reputation. The company has developed solid business relationships with large and loyal customers over time, constantly pursuing its expansion by generating organic growth and through acquisitions. This transaction is aligned with TC Transcontinental’s strategy of enhancing its offering in the promising vertical of in-store marketing product printing which has been continuously growing for several years now. Founded in 1932, Holland & Crosby Limited specializes in a wide range of visual marketing solutions from design to manufacturing, including distribution, installation and storage. It remains a leader in the printing of large format advertising display, semi-permanent or permanent in-store promotional material, adhesive décor in various sizes, etc. The company expands TC Transcontinental Printing’s presence in the in-store marketing product market and broadens its manufacturing capabilities with a state-of-the-art platform.
Deluxe Corporation announced the hiring of two new senior executives: Garry Capers in the role of General Manager, Cloud Solutions and Thomas Riccio as General Manager, Promotional Products. Both individuals join the company’s Executive Leadership Team, reporting to Barry McCarthy, President and Chief Executive Officer. In April, McCarthy unveiled the company’s new strategic plan, which included a new approach to selling all products to all customers as “One Deluxe.” This new plan included a go-to-market strategy of identifying four key product areas: Payments, Cloud Solutions, Promotional Products and Checks. Deluxe conducted a national search to find world-class leaders for these newly created General Manager roles. Capers brings a wealth of experience to Deluxe having held executive leadership roles with ADP and Equifax. At ADP, he led a business providing comprehensive outsourcing services that drove revenue, profitability and client satisfaction. Riccio comes to Deluxe from Office Depot, where he held various business and operations roles of increasing responsibility over the last 10 years.
The merger will allow Range to deliver bundled, innovative marketing solutions addressing the needs of its current and future customers. These solutions can now cover the, “Full Range” of marketing needs that include print, apparel, promotional products, websites, Web-to-print sites, and fulfillment on a larger scale – all from one source. Range will combine many of the commercial printing capabilities from both facilities into the Brainerd, Minn., location. The screen printing, embroidery, apparel and promotional services will remain in the Little Falls, Minn., facility. The satellite sales offices will remain, expanding Range’s service areas. Combined, the companies have more than 60 employees passionate about everything print! Range continues to drive technology innovation while providing customers with world-class customer support. Spectrum Marketing Services was founded in 1994 as a commercial printing company offering printing, apparel decoration, promotional products, web services, and fulfillment. Spectrum’s production facilities are located in Little Falls, Minn., with sales offices in Alexandria, Minn.; Bismarck, N.D.; Denver; Moorhead, Minn.; Sioux Falls, S.D.; and Wadena, Minn.
You’ve heard about PRINTING United, the all-segment show coming up in October, but do you know what’s behind it? That is, what’s this convergence about and why should you — owners, managers, and sales people — care? Mark Subers has more energy than a case of Red Bull, but his enthusiasm for PRINTING United could barely be contained by Bill Farquharson and Kelly Mallozzi in this week’s Short Attention Span Sales podcast episode. Buckle up and give it a listen! https://billfarquharson.com/the-why-behind-printing-united/
Transcontinental Inc. has been authorized to purchase for cancellation on the open market, between October 1st, 2019 and September 30, 2020, up to 1,000,000 of its Class A Subordinate Voting Shares and up to 190,560 of its Class B Shares, representing approximately 1.36% of the 73,360,754 issued and outstanding Class A Subordinate Voting Shares and of the 13,979,626 issued and outstanding Class B Shares as of September 18, 2019. The average daily trading volume on the Toronto Stock Exchange of Class A Subordinate Voting Shares for the past six months was 308,200 and the average daily trading volume on the Toronto Stock Exchange of Class B Shares for the past six months was 706. In accordance with the Toronto Stock Exchange requirements, a maximum daily purchase of the greater of 25% of these averages or 1,000 shares may be made, which represent a total of 77,050 Class A subordinate Voting Shares and a total of 1,000 Class B Shares. The purchases will be made in the normal course of business at market prices through the facilities of the Toronto Stock Exchange and/or alternative Canadian trading systems in accordance with the requirements of the exchange, and/or subject to the approval of any securities authority by private agreements. If applicable, purchases through private agreements will be executed at a price that is less than the prevailing market price on the Toronto Stock Exchange at the time of the purchase.
Labels give products their unique identity and boost the impulse to buy at the point of sale. The label market combines a share of some five percent of the worldwide print volume of around EUR 400 billion with great growth potential. This is why Heidelberger Druckmaschinen AG (Heidelberg) decided to present its extensive portfolio around label production at not one, but two events in September. Gallus, a subsidiary of Heidelberg, demonstrates all the possibilities around digital and conventional label printing as well as digital finishing in the narrow-web field at Labelexpo in Brussels (Gallus digital press folder). At the Label Day at the Wiesloch-Walldorf site, visitors saw complete production workflows for wet-glue and in-mold labels (IML) on Speedmaster machines. The IML production showcase featured not one, but two world premieres. With the FoilStar Cure, it is now possible for the first time to realize the reliable application of cold foil on IML foils across the entire run on a Speedmaster XL 106. The new IML Performance Package significantly increases productivity. Visitors to the Label Day, however, also got to experience the production of wet-glue labels live in two workflows, one on a Speedmaster XL 75 eight-color double-coating Anicolor press with Multicolor, and one on a Speedmaster XL 106 eight-color double-coating perfecting press with FoilStar for applying cold foil. In both cases, finishing took place on an Easymatrix 106 FC for hot foil embossing. The quality inspection was performed by a Diana Eye 55.
Reischling Press, Inc. a provider of make-on-demand photo books, greeting cards, and business products markets for e-commerce companies, mass retailers, and Fortune 1000 corporations, announced it has acquired the assets of SoftPrint Holdings’ ColorCentric, Picaboo.com, and prInternet business units. The acquisition accelerates RPI’s ability to deliver expanded services for product builders, increases capacity and reduces delivery times for RPI’s customer base, and continues to expand our geographic distribution footprint, says Rick Bellamy, CEO of RPI. “This acquisition continues to increase the RPI suite of services beyond ink on paper, through the addition of in-house capabilities for gifting and promotional items such as mugs, canvas and dye sublimation products,” Bellamy says. “It also strengthens our geographic presence into the Northeast, creating transit cost efficiencies and accelerating time-to-home and time-to-business deliveries dramatically.
Gallus, a Heidelberg Group Company, shows the whole range of possibilities for digital and conventional label printing and converting. The hybrid label press Gallus Labelfire combines industrial inkjet printing with conventional label printing at printing speeds up to 70 m/min and further shows a range of digital finishing possibilities with the integrated Digital Embellishment Unit (DEU) at Labelexpo. The “Your Smoothie” campaign explains to visitors how full Variable Data Printing is working. On the Gallus Labelmaster visitors can see the newly launched Digital Printbar for digitally printed opaque white as well as a new rotary, quick-change die-cutting unit and further optimized features for conventional narrow web printing. The Gallus Labelfire is designed for digital production of narrow web products, especially self-adhesive labels. In 2018, AWA Alexander Watson Associates estimates the global pressure-sensitive label market grew by about 5%. Interest in digital printing, in addition to analog and hybrid print solutions, is one of the market drivers in this regard, according to the AWA Global PSL Market Study 2019.
Xerox announces two new optional capabilities for the iGen® 5: the extra-long sheet (XLS) and Fluorescent Yellow Dry Ink. “These enhancements are designed to increase the versatility, productivity and scalability of our clients’ existing investment in the Xerox iGen 5. Coupled together, they make the iGen 5 the most versatile digital color production, cut-sheet press available in the market today,” said Tracey Koziol, senior vice president of Global Offerings, Xerox. The iGen 5 XLS enables up to a 35-inch sheet size, prints at rated speed and has production feeding and stacking. With extra-long capabilities, printers can deliver more pieces per sheet, increasing application productivity of the iGen 5 by up to 25 percent. Print providers can increase the versatility of the iGen 5 by targeting additional applications such as 4-panel brochures, book covers, banners, large-format clings, panoramic artwork and multi-up printing.
In the pursuit of its transformation, TC Transcontinental (TSX: TCL.A TCL.B) announces today the sale of the majority of its specialty media assets and event planning activities to two corporations, namely to Contex Group Inc., an event planning and media company recently founded and headed by Pierre Marcoux, and to Newcom Media Inc., a Canadian company dedicated to specialty publishing and event planning, led by Joe Glionna.