Rapid Solutions Group

NEW YORK—Despite garnering a first quarter profit of $71 million on sales of $208.8 million, Bowne & Co. announced a cost reduction initiative that will see the financial printer reduce its workforce by 15 percent. Bowne is targeting $50 million in annualized cost reductions in 2008 as part of a continued focus on improving its cost structure. The result is that about 650 employees will be released, which will account for $21 million in savings. Another $9 million in savings will result from the continuation of savings initiatives from 2007. The final $20 million in savings will be realized from the integration and

Bowne Obtains RSG Digital NEW YORK—Bowne & Co. has acquired the digital printing business of Rapid Solutions Group, a subsidiary of Janus Capital Group, for $14.5 million. RSG Digital has annual sales of about $45 million. RSG’s digital printing unit operates facilities in Chicago and Melville, NY. Genesis Printing Faces Attacks MOONVILLE, SC—Within a span of two weeks, Genesis Printing was the victim of two separate incidents, one involving racist vandalism and, the most recent, a fire that caused $5 million in damage. Police are investigating a possible connection between the two attacks on the printer. No injuries were reported due to the fire,

Prism Award Event Promotes NYU Program NEW YORK CITY—More than 400 people turned out recently for the 21st annual Prism Award luncheon, held to raise money and awareness for New York University’s graphic communications program. This year’s Prism honor went to Richard Smith, editor-in-chief and CEO of Newsweek. The Distinguished Service Award was given to Manny de Torres, chairman and CEO of Metro Packaging and Imaging. Bramkamp Printing Holds ‘Wild’ Open House Event CINCINNATI—To help celebrate its 85th anniversary and the addition of a six-color Heidelberg Speedmaster SM 74 press, Bramkamp Printing put on a “Wild” open house. Held in conjunction with The Cincinnati Zoo and

Vertis Receives Industry Honor BALTIMORE—The Association for Graphic Arts Training (AGAT) recognized Vertis' contributions to graphic arts education and training with an AGAT Industry Award. AGAT Industry Awards are bestowed to companies that have given extraordinary support to the organization, the industry and the training field. Printers' Gift Helps Fill Santa's Sleigh BALTIMORE—More than $17,000 was raised by members of the Printing and Graphics Association MidAtlantic (PGAMA) for charity at the Santa Claus Anonymous Benefit Auction held at Sparrows Point Country Club in December. Milwaukee-based Visual Systems Inc. (VSI), a manufacturer of overhead transparencies and ancillary products for textbook publishers, has hired Michelle Roloff as human

Fala Direct Marketing, Farmingdale, NY, announced that James Stumpf has joined the company as vice president of sales. Marc Hacker has been named director of data processing. Also, Perry Fernandes has been promoted to the position of vice president and general manager of mailing operations. Richard Hastings has joined Service Web Offset, based in Chicago, as director of new business development. For the past 13 years, Hastings was vice president of sales and marketing for CJK, Print Possibilities. Rapid Solutions Group (RSG), a New York-based digital communications company, announced that it has combined its offset and digital sales teams. This change is part of the company's overall

Digital Press Scorecard Xerox Corp. iGen3 digital production press Joseph Merritt & Co., Hartford, CT Gordon Bernard Co., Cincinnati Lancaster Ultra-Graphics, Landisville, PA PrintManagement, Cincinnati Xerographic Digital Printing, Orlando McKay Press, Midland, MI Rapid Solutions Group, Melville, NY HP Indigo HP Indigo 3050 digital printing press Tukaiz LLC, Franklin Park, IL Kodak Versamark VX5000 ink-jet, color printing system Transcontinental CC3, Warminster, PA NexPress Solutions NexPress 2100 digital color press MGF/Consortium Inc., Edison, NJ Océ VarioStream 7000 printing system Offset Paperback Manufacturers, Dallas, PA VarioStream 7650 digital printing system Action Mailers, Aston, PA VarioStream 7650 Twin MICR digital

Michael Cate has been named president of Corporate Express Document and Print Management, Broomfield, CO. For the past two years he was executive vice president and COO of Global Docugraphix. Deborah Bagley recently joined Highspire, PA-based GANCOM, a division of Gannett Fleming, as an account manager in its marketing and business development group. Lynn Buck has been promoted to production manager for Copresco, a Carol Stream, IL, digital printer. She joined the company in 1997 as a production coordinator. Donald Orlowsky has joined Rochester, NY-based Monroe Litho as quality coordinator, a newly created position within the company. Applied Printing Technologies (APT), Moonachie, NJ, announced that Joseph Rondone