TUKWILA, WA—Cenveo Inc. will close its commercial printing facility here on October 19, leaving 68 employees without a job, according to a report in the Seattle Post-Intelligencer.The newspaper attributed the information to the state Employment Security Department, which received a WARN notice from Cenveo.
STAMFORD, CT—Looking to solidify its West Coast commercial printing operations, Cenveo Inc. has acquired ColorGraphics of Los Angeles. Terms of the deal, which was completed in July, were not disclosed. ColorGraphics, a full-fledged commercial establishment with facilities in San Francisco, Seattle and Orange County, CA, as well as Los Angeles, ranked 48th on the 2006 Printing Impressions 400 with $147.25 million in annual revenues. A statement from Cenveo pegged ColorGraphics’ current sales total at roughly $170 million. ColorGraphics President Chris Madison will remain with the company following the closing of the transaction. Cenveo also obtained Commercial Envelope Manufacturing of Deer Park, NY, one of the country’s largest
STAMFORD, CT—Cenveo Inc. has signed an agreement to acquire Commercial Envelope Manufacturing of Deer Park, NY. Terms of the deal were not disclosed.Commercial Envelope, with $160 million in annual revenues and roughly 700 employees, produces more than 45 million envelopes per day.
STAMFORD, CT—Cenveo has augmented its leadership structure by creating a new position. Sean Sullivan has been promoted to president of Cenveo’s commercial and packaging operations. Sullivan will be responsible for day-to-day operations of these businesses, which currently generate in excess of $1 billion in annual revenues. The company, which also completed its acquisition of ColorGraphics,…
STAMFORD, CT—Looking to solidify its West Coast commercial printing operations, Cenveo Inc. has signed a definitive agreement to acquire ColorGraphics of Los Angeles. Terms of the deal, which is expected to be completed in July, were not disclosed. ColorGraphics, a full-fledged commercial establishment with facilities in San Francisco, Seattle and Orange County, CA, as well as Los Angeles, ranked 48th on the 2006 Printing Impressions 400 with $147.25 million in annual revenues. A statement from Cenveo pegged ColorGraphics’ current sales total at roughly $170 million. Bob Burton, chairman and CEO of Cenveo, sees the acquisition as an optimal fit. “We continue to execute on our
It wasn’t too many years ago that the phrase “green printer” evoked comparison with oxymorons like “Microsoft Works,” “a little pregnant” or “living dead.” But, oh, what a difference there is between then and now. Gone are the days when printing companies’ no-frills environmentalism meant doing only what was necessary to avoid inspections and fines. Historically a large-scale environmental offender with an outsize carbon footprint and a voracious appetite for fossil fuels, the printing industry has become increasingly aggressive when it comes to the environment, implementing voluntary programs that transcend basic compliance with environmental regulations, documenting and communicating their commitment to environmental quality to
STAMFORD, CT—Harry Vinson has been promoted to executive vice president of Cadmus Publisher Services. Vinson will have responsibility for all of the sales and manufacturing initiatives for Cadmus Publisher Services and will report directly to Cenveo President Thomas Oliva.Vinson previously worked with Robert Burton, Cenveo’s chairman and CEO, at World Color and Moore Corp. Vinson…
IT’S SAFE to say that George Tedeschi won’t be winning any popularity contests within the commercial printing industry. Among the rank and file of unionized companies, Tedeschi is the prince of printing. In management circles, “prince” is substituted for less than endearing terms. If the name doesn’t ring a bell, a brief introduction is in order. Tedeschi is president of the Graphic Communications Conference of the International Brotherhood of Teamsters (GCC/Teamsters). The organization, formerly the Graphic Communications International Union (GCIU), merged with the Teamsters on January 1, 2005. It has been an eventful two years since the merger. With consolidations and plant closings taking
STAMFORD, CT—Cenveo Inc., located here, has completed its acquisition of Richmond, VA-based Cadmus Communictions. Cenveo paid $430 million, or $24.75 per share.The Valassis acquisition of ADVO Inc. for $1.2 billion, or $33.02 per share, has also been completed. Domtar Inc., meanwhile, completed its deal for Weyerhaeuser Co.’s fine paper business. The combination created Domtar Corp.,…
STAMFORD, CT—Cenveo has dipped its feet in the acquisition pond again, obtaining Printegra Corp., of Peachtree City, GA, from Huron Capital Partners for an undisclosed amount of cash. Printegra has two divisions, National Imprint and Synergy Label, with 14 manufacturing facilities across the country. The company, which specializes in short-run printing, posts annual sales of roughly $90 million. It produces labels, business forms, envelopes and security documents, among other products. “This strategic acquisition immediately establishes Cenveo as the leader in the growing market for short run and highly customized printed products,” said Bob Burton, Cenveo chairman and CEO, in a release. “The combination of these market
