Mossberg & Company Adds Eight-Color Sheetfed Offset Perfecting Press (piworld.com)

*Revenue for the third quarter was $92.6 million higher than the previous year. Not including the First American acquisition, which closed on June 1, 2021, revenue increased $10.1 million, or 2.3% year-over-year. *The Payments segment delivered revenue growth of 114.6% over the previous year to $160.3 million, $82.5 million of which was from First American. *Net income of $12.5 million includes $11.9 million in acquisition amortization from the First American acquisition, as well as increased interest expense associated with the transaction. *Cash flow from operations for the third quarter was $65.4 million and capital expenditures were $34.5 million. Free cash flow, defined as cash provided by operating activities less capital expenditures, was $30.9 million, an increase of $11.6 million from the second quarter of 2021, and a decrease of $10.7 million compared to the third quarter of 2020, largely attributable to capital investments this year. *Total debt outstanding decreased from $1,833.4 million as of June 30, 2021 to $1,776.2 million as of September 30, 2021. Net debt was $1,655.1 million and liquidity was $433.6 million as of September 30, 2021.

The Sustainable Green Printing Partnership announced its first quarter 2021 momentum in shaping the future of print with new certified facilities, patrons and other community members. “During the first quarter of 2021, SGP continued to demonstrate its leadership in building a more sustainable future for the printing industry with growth in the SGP Community including certified facilities, patrons, resource partners and brands,” said Doreen Monteleone, SGP co-founder, treasure and FTA representative. “We are proud that all links in the print supply chain are focusing on the benefits of sustainability and participating in our program.” In February, Fortis Solution Group of Merced, CA received SGP certification. “SGP certification validates our commitment, both internally and externally, to providing innovative and differentiating sustainable solutions,” said John O. Wynne, Jr., president and CEO, Fortis. In addition, five other print facilities recertified during the first quarter: Infinity Images, Portland, OR; Specialty Printing LLC, East Windsor, CT; Tweddle Group, Clinton Township, MI; Yunker Industries, Elkhorn, WI

Supremex Inc., a leading North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, announced the acquisition of the shares of Impression Paragraph Inc., an integrated provider of paper-based packaging, print and point of sale products for a broad range of commercial markets. The transaction was concluded for a total consideration of approximately $26.6 million, on a cash-free and debt-free basis, subject to customary adjustments, financed through the Company’s existing credit facility. Founded more than 35 years ago, Paragraph operates two facilities located in Ville-Saint-Laurent and Saint-Hyacinthe, Québec. Its offering consists primarily of folding carton packaging and point-of-sale displays for the cosmetic, pharmaceutical, food, confectionary and retail sectors. It also provides an array of commercial, digital and wide-format printing. For the 12-month period ended October 31, 2022, Paragraph generated sales of approximately $38.6 million.