HP Commits to Title Sponsorship and Immersive Event Experience at PRINTING United Expo 2022 (piworld.com)

Wisconsin printing company Quad/Graphics Inc. will shut down its plant in Waseca, Minn. KSTP reports on the announcement by Quad/Graphics, which said that about 30 employees at the 365-person plant would stay on to support area clients, but the bulk of the plant's work will be shifted elsewhere in the country. Click Read More below for additional information.

The auction to acquire the assets of LSC Communications, which had been planned to take place on September 3, has been postponed until September 9. Bids for the company were due August 26, but no filings disclosing what bids have been received have not yet been made public. Although no filing has been made about the bids, a recent disclosure by LSC investment bank Evercore indicates there was quite a bit of initial interest. According to the filing, made by Evercore to get court approval to be paid for its work, the bank said it contacted 163 prospective buyers, signed 60 nondisclosure agreements, and had continuing talks with 21 potential bidders.

Komori America announced that Quantum Graphics, a commercial printer based in Eden Prairie, Minnesota, is looking forward to gaining a higher level of automation and faster speed to market with the investment in its fourth Komori press, an eight-color Lithrone G40 advance perfector (GL840P advance) with LED-UV and an MBO T800.1 buckle folder. Experiencing substantial growth over the past several years, the company services well-known brands that demand high-quality, consistent color and fast turnaround. The GL840P advance’s ability to deliver high-speed production coupled with the MBO T800.1’s automated functions will provide the increased capacity needed to meet Quantum Graphics’ aggressive demand forecast. “To meet our goals, we needed to update our equipment,” said Guy Peterson, president and CEO of Quantum Graphics. “As part of the process, we decided on the eight-color perfector because it would give us additional capabilities and greater capacity beyond our current offering. The press configuration is well-matched to the variety of work we already produce for our clients and will allow us to offer new inline embellishment and coating effects to add additional value to client projects. We anticipate the GL840P advance will double our throughput, which made adding a folder with the automated features of the T800.1 a must.