Moore Acquires Custom Envelope Manufacturer Worcester Envelope (piworld.com)

CREEL has completed the acquisition of the offset printing operations in Las Vegas known as Creel Printing from LSC Communications. The acquisition returns control of the offset business to the Creel family who founded it in the 1950s. The new CREEL will operate from the state-of-the-art, 250,000-square-foot Las Vegas facility that previously served as the company’s headquarters. The business has made significant recent investments including a new 55" web press and numerous stitching and inserting lines. The acquisition includes substantially all of the employees in the offset business, including skilled pressmen, plant supervisors, operations staff, and customer service specialists, many of whom have been with the company for over 20 years. CREEL will be managed by industry veterans, and Allan G. Creel will return as its President.

First Quarter Financial Highlights and Recent Events • Total revenue increased by 39.8% to $88.4 million, from $63.3 million in the first quarter of 2022. • Envelope segment revenue was up 44.4% to $64.5 million, from $44.6 million in the first quarter of 2022. • Packaging and specialty products segment revenue rose by 28.7% to $24.0 million, from $18.6 million last year. • Net earnings increased 50.7% to $9.5 million, from $6.3 million in the first quarter of 2022. • Acquisitions of Impression Paragraph Inc. (“Paragraph”), on January 16, 2023 and of Graf-Pak Inc. (“Graf-Pak”) on May 8, 2023

Flint Group's security stand brought together, for the first time, the diverse portfolio of security products that exist in the company, to showcase their strong positions in currency, plates and digital printing. As the leading supplier of photopolymer printing plates, Flint Group Flexographic Products provides plates for direct and indirect letterpress printing, stencil plates, intaglio master plates and plates for coating applications. Billions of banknotes and tax stamps are printed using Flint Group nyloprint® plates, with a resolution of 10,000 dpi for highest precision of micro text and guilloche patterns. As a leading supplier of digital printing presses, Xeikon, Flint Group’s digital solution division have supplied the machinery and digital workflow for the first fully digitally printed tax stamp. The design is fully in line with the resolution (1200 dpi) of the digital press. Xeikon’s digital printing solutions offer specific security features such as variable numbers and images, microtext, guilloches and barcodes, hidden images, digital intaglio, track & trace and the Xeikon clear toners containing taggants and UV fluorescence. Click Read More below for more of the story.