Santa won’t be scaling any prison fences this holiday season in an attempt to deliver presents to former printing industry employees now serving sentences for bilking hundreds of thousands, and even millions, of dollars from their former employers.
While 2010 was resplendent with major printing company acquisitions, its successor came and went with little fanfare. Asset sales and closures took center stage in 2011, and crime continued to play a leading role from a news standpoint.
There was some good news for magazine publishers this year, as advertising sales levels began to rebound. Looking at the catalog segment, there is no evidence of the printed catalog disappearing any time soon. A key focus for publishers and catalogers is how to continue to leverage their multi-channel marketing strategies.
Commercial printer equipment installations and other news from Printing Impressions’ December 2011 edition, featuring items on McCoy Printing and Veritas Document Solutions.
WHITE PLAINS, MD—AGS, a Consolidated Graphics company, recently installed the first Standard Hunkeler PF7 double plow-fold system in North America, enabling its Kodak Prosper 5000XL high-speed inkjet web press to gain efficiencies by running and finishing wider rolls into book blocks.
Consolidated Graphics, one of North America’s leading commercial printers with the world’s largest integrated digital printing footprint, has purchased a Kodak Prosper 5000XL Press for its Automated Graphic Systems (AGS) facility in White Plains, MD. AGS is using the Prosper Press to extend its technology leadership position in the market and provide full-color, on-demand publishing to its broad range of clients.
AGS, a Consolidated Graphics company, recently installed the first Standard Hunkeler PF7 double plow-fold system in North America, enabling its Kodak Prosper 5000XL high-speed inkjet web press to gain efficiencies by running and finishing wider rolls into book blocks.
The HP T200 installation strengthens Veritas’ ability to provide its clients with cost-effective and technology-driven communications solutions. The company offers comprehensive production and fulfillment services to a client roster that includes several of the country’s leading insurance industry and human resource benefits firms.
Consolidated Graphics’ revenue for the quarter increased $7.3 million, or 2.8 percent, to $267.4 million. The increase was due to growth in same-store sales of 1.7 percent and acquisitions. Adjusted net income was $8.3 million, vs. $9.0 million for the prior-year quarter.
PCA, a Consolidated Graphics company specializing in large-scale projects produced on small- to medium-format presses, announced it has achieved G7 Master Printer status through IDEAlliance. PCA’s G7 Master Printer designation highlights the company’s commitment to quality, consistency and color management.
