By Chris Yuhasz, POV Solutions Nonprofit customers depend so much on their end-of-year donation campaigns that it’s hard to overstate just how crucial this time of year is. And there are some pretty compelling numbers to illustrate just what I’m talking about.
With an office in the famed Printers Row, James DeBlasio, Sr. and his wife Maria started JD Graphic in 1963 as a premier print broker in Chicago. Today, JD Graphic spans three generations as James DeBlasio, Jr., president, and son Nick DeBlasio, vice president, lead a family-based management team serving the greater Chicago area. With more than 40 employees, JD Graphic operates multiple sheet-fed, web, and digital presses as well as a full-service finishing department. This fall, JD Graphic continues their expansion by installing an eight-color RMGT 920PF-8 long perfector, equipped with GEW’s Leo-LED-UV curing system and a Quantum QRS roll-to-sheet feeder. “We are a commercial printer at heart,” states Nick DeBlasio. “My father and grandfather built this business and nurtured a progressive culture that we maintain down to this day. With the RMGT 9 Series, we have the versatility to stay within our current lane and expand into a new exciting marketplace. This newly developed roll-to-sheet feeder is the first of its kind for the 9 Series press. I believe it is going to be a key to our future success — it will allow us to save a lot of money on paper costs and the RMGT 9 Series offers the lowest cost of print manufacturing as well.”
Glen Taylor is back as CEO of Taylor Corp., the North Mankato, Minn.-based communications services giant, after news broke last week that his niece, Deb Taylor, was stepping down from the role she has held since June 2015. Glen Taylor, a self-made billionaire who also owns the Star Tribune, the Minnesota Timberwolves and Lynx basketball teams, and Iowa-based Rembrandt Foods, said he was assuming leadership responsibilities “with a heavy heart.” “I am very proud to have had the opportunity to work with [Deb] over these last eight years, and am grateful for her leadership as CEO of the organization,” he told the Star Tribune. “In that time, she has not only led the organization through two significant acquisitions, but provided sound counsel to me on a number of other matters. I wish her only the best in the next chapter of her life.”
Heidelberg is making it even easier for Prinect users to run their print shop with the new and partially cloud-based functions in the Prinect production workflow . “A growing number of Prinect functions are gradually migrating to the cloud. By taking out a subscription contract, customers can gain access to them as and when required and based on the benefits they offer,” says Jürgen Grimm, head of software solutions at Heidelberg. “The Prinect workflow thus forms the backbone of digitization in print shops.” •Push-to-Stop – greater automation, lower costs •Gang form creation with automatic optimization •Plate Pilot supplies plates right on time as printing commences •Prinect supports hardcover book production •SmartBi provides key lever for improving overall efficiency •Case-based online support •New functions for the packaging sector
Worzalla, an employee-owned printing company specializing in high-quality custom products including children’s books and coffee table books, is one of many companies across the state to be recognized by the Wisconsin Manufacturers & Commerce’s “Coolest Thing Made in Wisconsin” contest. The contest, now in its fourth year, aims to highlight the state’s manufacturing industry. The entire state will be voting on their favorite thing made in Wisconsin starting on Monday, September 9, 2019, and Worzalla is asking the central Wisconsin community to vote for their entry. Worzalla has been nominated for its production of the Diary of a Wimpy Kid series, a #1 New York Times best-selling children’s book series authored by Jeff Kinney and published by Amulet Books. As the domestic manufacturing home of the Diary of a Wimpy Kid since 2007, Worzalla has printed millions of copies of each book in the series, most recently the thirteenth book Diary of an Awesome Friendly Kid: Rowley Jefferson’s Journal that was released in April 2019.
The Boston Globe is planning to cut jobs at its Taunton printing, mailing and delivery hub over the next several weeks, another sign that the facility once touted as a centerpiece of John Henry’s plan to make the newspaper profitable again is struggling to live up to those hopes. Boston Globe Media Partners LLC has decided to outsource the mailroom contract for one of its longtime moneymakers, its Globe Direct marketing service, according to multiple sources. Inserting and mailing work associated with Globe Direct — a direct mail marketing service that brings in tens of millions of dollars in annual revenue — has long been performed by Globe employees affiliated with Teamsters Local 1, the Boston Mailers Union.
thINK, an independent community of Canon Solutions America inkjet customers, today announced that thINK Ahead 2019 is at maximum capacity and sponsorships are sold out. The annual inkjet user conference will take place in just 10 days in Boca Raton, Florida, September 16-18. Over 600 attendees will learn inkjet industry trends and best practices from 75 presenters (50 inkjet press customers and 25 industry analysts and experts) with a choice of 5 tracks and over 30 educational sessions. New this year, thINK attendees can participate in Ask the Expert sessions, led by thINK guest speakers, customers and industry leaders, to take a deeper dive into learning. As an added benefit, Canon Solutions America will continue to offer tours and demos at the Canon Solutions America Customer Experience Center as they have done years prior.
Royle Printing is passionate about giving back to their employees and the community. Every August, right before the kickoff of a new school year, Royle sponsors new backpacks and school supplies for children associated with Royle employees. The children range in age and are the daughters, sons, and grandkids of our dedicated employees. Any and all are presented with a new backpack, filled with all the necessary and costly supplies to start the new school year. Royle is pleased to announce that the 2019 event resulted in more than 100 backpacks being presented to the kids. “Royle initiated this program several years ago to help support the families and kids within our organization. Every child deserves the confidence in starting the school year with a new set of supplies and a backpack, so they can be as successful as possible. We’ll do whatever it takes to support our employees and their families,” stated Royle President and CEO Chris Carpenter.
2019 Third Quarter Results: Revenues decreased by $29.0 million, or 3.8%, from $757.9 million in the third quarter of 2018 to $728.9 million in the corresponding period in 2019. Adjusted operating earnings decreased by $3.7 million, or 4.4%, from $84.6 million to $80.9 million, mainly due to the decrease in revenues from our retailer-related service offering in the Printing Sector. Net earnings decreased by $15.9 million, or 82.4%, from $19.3 million in the third quarter of 2018 to $3.4 million in the third quarter of 2019. 2019 First Nine Months Results: Revenues increased by $453.6 million, or 25.3%, from $1,794.3 million in the first nine months of 2018 to $2,247.9 million in the corresponding period in 2019. Adjusted operating earnings increased by $15.9 million, or 7.1%, from $225.3 million to $241.2 million. Net earnings decreased by $92.6 million, or 63.3%, from $146.4 million in the first nine months of 2018 to $53.8 million in the corresponding period in 2019.
Quad/Graphics, Inc. announced that it has sold its heavy-duty industrial wood crating business Transpak to FCA Packaging, a nationwide leader in the custom industrial packaging solutions space. Transpak operates a 300,000-square-foot facility in Franklin, Wisconsin, where it designs, engineers and builds best-in-class customized, reusable wood crating solutions for heavy-duty commercial and industrial shipments worldwide. “As our Quad 3.0 growth strategy accelerates, we continue to evaluate our collection of assets with a focus on long-term value-creation and strategic fit,” said Joel Quadracci, Quad Chairman, President and Chief Executive Officer. “As part of FCA, Transpak will be part of a leading and fast-growing manufacturer of custom industrial crates, skids and boxes, and benefit from FCA’s broader scale, expertise and talent. Through this transaction, we are able to further intensify our focus on our successful Quad 3.0 growth strategy, which delivers greater value to clients by solving their complex marketing problems and process challenges. Net proceeds of approximately $10 million will be used to reduce debt.”