Electronics For Imaging, Inc. (EFI™) (Nasdaq:EFII) today established an industry-leading presence in high-growth inkjet textile printing with the strategic acquisition of Reggiani Macchine. Based in Bergamo, Italy, Reggiani is a leading technology provider with an extensive lineup of industrial inkjet printers utilizing water-based inks in printing on fabric - recently identified as the industry's most exciting growth application by a new, global survey from industry association FESPA and analyst firm InfoTrends. Reggiani's inkjet technologies, which will be rebranded as EFI Reggiani, address the full scope of advanced textile printing, with versatile printers suitable for water-based dispersed, acid, pigment and reactive dye printing inks. In its 60+ year history, Reggiani has become a leading innovator of a full range of industrial solutions for textile manufacturing, including high-quality printers for fashion and home furnishing textiles, with a comprehensive portfolio spanning the company's original rotary screen technologies to the most advanced inkjet textile printers and inks in the industry.
LSC Communications (NYSE: LKSD) announced today a multi-year agreement with Elsevier, the global information analytics business specializing in science and health. LSC currently prints a significant share of Elsevier’s books and journals and, under the new agreement, will begin providing book fulfillment and distribution services in 2019 for Elsevier’s US markets.
Additionally, LSC has acquired Elsevier’s Linn, Missouri Fulfillment and Distribution Center. Consequently, all Elsevier employees will be transferred to LSC in 2019. The addition of this facility will further strengthen LSC’s ongoing focus on providing a full range of supply chain services for publishers of both printed and electronic books.
Anita Chandraprakash, EVP of Global Operation, Elsevier, said “We’re pleased to have reached an agreement with LSC for the sale of the Linn facility and have engaged in a multi-year agreement for warehouse fulfillment services. This is a very positive outcome which allows us to continue the high level of service our customers expect.”
Dave McCree, President of Book Sales at LSC Communications, said “The Linn, Missouri warehouse distribution center is a strategic fit to our Book Publisher Services platform and expands our fulfillment and distribution footprint. We look forward to providing fulfillment services to Elsevier and future clients out of the Linn facility.”