John Galligan, president of B&B (Bradford & Bigelow), discusses his Newburyport, Massachusetts-based book printing company’s $35 million investment in an HP color inkjet web press, Muller Martini digital and conventional finishing equipment, a second Manroland web offset press, and expanded warehouse/distribution space. He also reveals the advice he is providing B&B customers concerning the paper crisis.
see more at: https://www.piworld.com/xchange/production-inkjet-printing/bb-president-discusses-35m-book-printing-investment/
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Ennis, Inc. would like to announce the rebranding initiative of Independent Folders, a trade print solutions expert specializing in the highest-quality printed presentation products, large format, packaging and business check products. The company will now be referred to as Independent Printing & Packaging to encompass its ever-growing packaging capabilities. Independent Printing & Packaging began in a small shop in De Pere, WI during pre-war 1935 and specialized in printing handbills, business forms, invitations, business cards and other items for local business owners. In 1992, it expanded its services to a national level by joining trade associations and selling standard products through qualified print distributors. The company then rebranded as Independent Folders in 2012 in an effort to differentiate from local print shops serviced through the distributor channel.
HP Inc. has introduced a range of new Latex large format print solutions to help print service providers diversify their offerings and meet more challenging customer needs. After a year of business disruption across the large format industry, the HP Latex 700 and 800 series brings a suite of features that enable PSPs to be more agile, tackle ambitious projects and take on the highest value work. The new portfolio also delivers fast workflows that help businesses hit deadlines, while sharpening their sustainability edge. “When you think about HP Latex, imagine the unique ability to say yes to every customer request, regardless of fast-changing schedule or application demands. Help meet deadlines with undisputable operator and environmental safety, as, with HP Latex, every signage & decor decision becomes a sustainable one,” said Guayente Sanmartin, General Manager, Large Format Business, HP. “The new Latex 700 and 800 portfolio will allow PSPs to win big by navigating customer challenges in the next normal and embracing more ambitious projects - safe in the knowledge their work will deliver.”
R.R. Donnelley & Sons Company announced the receipt of an update to the unsolicited non-binding “Alternative Acquisition Proposal”, received from the strategic party (the “Strategic Party,” and such update to the proposal, the “Updated Strategic Party Proposal”) on December 27, 2021. On January 3, 2022, the Strategic Party had indicated to RRD that it was targeting January 21, 2022 for a submission of a binding proposal. In lieu of submitting a binding proposal, the Strategic Party delivered the non-binding Updated Strategic Party Proposal, which provides for the following, among other terms and conditions: *Value: Increases the offered price to $11.50 per share in cash. Previously, the offered price by the Strategic Party was $11.00 per share in cash. *Due Diligence: States that the Strategic Party has substantially completed its financial, legal, tax and other due diligence on RRD and its business. *Committed Financing and Timing: Does not include committed debt and equity financing and states that the Strategic Party requires an additional three weeks to obtain committed financing (February 8, 2022). *Chatham-Related Covenants: Removes the previously included conditions to the execution of the proposed Strategic Party merger agreement that required Chatham to release and dismiss Chatham’s litigation and claims made against RRD, and to vote its shares of RRD common stock to approve the Strategic Party merger agreement. *Non-Binding and Conditional: The Updated Strategic Party Proposal remains non-binding and subject to certain terms and conditions.