CJK Group, led by CEO Chris Kurtzman, is a largely unknown, low-profile industry conglomerate that's been methodically consolidating the book manufacturing market. But the entity can no longer fly under the radar screen as it sounds another "Bang!" ... no pun intended ... with yet another major M&A transaction. The latest acquisition by Brainerd, Minn.-based Bang Printing and its holding company, CJK Group, is the assets of Webcrafters, a 270-employee, Madison, Wis., printer that caters to the educational publishing community as a manufacturer of textbooks, workbooks, teacher and student guides, and related educational support materials. Terms of the definitive agreement reached between the two privately-held companies were not disclosed. CJK Group is the holding company for Bang Printing, a manufacturer of books, catalogs, publications and fulfillment services in Brainerd, Minn., and Palmdale, Calif., which has already acquired Hess Print Solutions in Brimfield, Ohio; Sentinel Printing, St. Cloud, Minn.; Victor Graphics in Baltimore; Sinclair Printing, Los Angeles; and The Sheridan Group with production facilities in Waterbury, Vt., Hanover, N.H., Hanover, Pa., Chelsea, Mich., and a corporate office in Hunt Valley, Md. Prior to Webcrafters, CJK Group's most recent acquisition comprised the $196.5 million, 1,000-employee Sheridan Group this past April. Click Read More below for additional detail.
With a significant increase in its business due to market leading quality and customer service, Fort Dearborn, a custom label and packaging company with twenty locations nationwide, reached nearly 82 million impressions on its Heidelberg Speedmaster XL 106-8+L in 2020. This high level of productivity was especially critical to Fort Dearborn’s success as demand at grocery stores due to COVID-19 surged.
Printing primarily cut and stack labels, the Fort Worth location of Fort Dearborn is equipped with two Speedmaster XL 105s and one other XL 106 in addition to its world-record press, which was installed in July of 2019. In comparison to similar machines in the market, the XL 106 at Fort Dearborn produced more than 2.5x the number of annual gross impressions than the industry average of 32 million. Fort Dearborn credits its record-breaking performance to the overwhelmingly advanced technology of the press, its increased business in 2020, and its overall plant strategy and teamwork mentality.
“When we installed our newest XL 106, it almost doubled the horsepower of the older press we replaced. Without it, we would have never been able to keep up with the increased demand in our business during 2020,” said Bob Zeisler, General Manager of the Fort Worth plant. In addition to the increased speeds of the press, which runs 24/7 at 18,000 sheets per hour, the XL 106 is equipped with advanced, efficiency boosting technology like CutStar, Heidelberg’s inline roll-to-sheet device, and Inpress Control, the industry-leading inline spectrophotometer that measures and controls color and register on the fly at any speed.
more at source: https://www.piworld.com/article/fort-dearborn-sets-world-impression-record-on-heidelberg-speedmaster-xl-106-in-2020/#ne=d7f0e6e16b0d037f71fc050491da5623&utm_source=today-on-piworld&utm_medium=newsletter&utm_campaign=2021-04-07