SeaChange is First in Minnesota to Install W&D 410 Easy Enveloper (piworld.com)

Because several areas in Michigan failed to achieve compliance with the National Ambient Air Quality Standard for ozone, the Michigan Department of Environment, Great Lakes, and Energy (EGLE) is moving forward with a series of new regulations designed to reduce the precursors of ozone, which are volatile organic compounds (VOC) and nitrogen oxides (NOx). The Michigan counties designated as nonattainment include those in the West and the Detroit area and include Berrien, Livingston, Macomb, Monroe, Oakland, St. Clair, Washtenaw, and Wayne. In addition, portions of Allegan and Muskegon counties are also designated as nonattainment. The inability to demonstrate compliance with the ozone standard has triggered requirements in the Clean Air Act requiring EGLE to develop and implement a new set of air pollution control regulations designed to reduce emissions of VOCs and NOx. EGLE will have to adopt federal Environmental Protection Agency guidelines on a variety of industries including printing since VOCs are emitted.

LSC Communications announced that it has acquired Fairrington Transportation, an industry leading full-service mailing and logistics provider. Fairrington’s capabilities include a complete range of logistics services from freight management to postal optimization solutions. Founder and CEO of Fairrington, Victor Warren said, “Fairrington has been providing delivery solutions that meet our clients’ needs for 36 years. We are excited that joining forces with LSC will give us the scale necessary to expand our service offerings.” Thomas J. Quinlan III, Chairman and CEO of LSC, further commented, “Fairrington’s experienced leadership, combined with the fact that publications such as magazines and catalogs are at the core of many of our clients’ businesses make this acquisition a natural fit for LSC. Our strategic focus is to continue to expand LSC’s logistics service offering in ways that add value to our clients’ traditional print supply chains, and beyond.”

Second Quarter Financial Highlights and Recent Events • Total revenue increased by 14.6% to $71.7 million, from $62.5 million in the second quarter of 2022. • Envelope segment revenue up 7.3% to $49.3 million, from $45.9 million in the prior year. • Packaging and specialty products segment revenue of $22.4 million, up 34.7% from $16.6 million last year. • Net earnings were $2.1 million, compared to $7.4 million last year. • Acquisition on May 8, 2023 of Graf-Pak Inc. (“Graf-Pak”), a provider of folding carton packaging solutions located in the province of Quebec.