MATTOON, IL—An RR Donnelley employee was arrested and charged with theft for allegedly stealing around 140,000 pounds of copper-aluminum sheeting during the course of a three-year period and covering it up, the Journal Gazette & Times-Courier reported.
Commercial Printing Industry News Briefs from Printing Impressions’ June 2012 edition, including items on Rochester Institute of Technology, Premier Press, RR Donnelley, Jostens, Intelligencer Printing, Vertis Communications, TigerPress and Atkins Printing Services.
A man has been arrested for allegedly stealing about 140,000 pounds of copper-aluminum sheeting from the RR Donnelley Co. printing plant (Mattoon, IL) over a three-year period when he was employed there. Wallace K. Sanders, 55, of Westfield is suspected of stealing about $60,000 worth of the sheeting and then altering company records to try to hide the thefts.
The investigation revealed that Sanders worked alone during late-night and weekend shifts at the plant and on average loaded about 1,100 pounds of the metal sheeting each week onto his own vehicle and took it from the plant.
CHICAGO—RR Donnelley (RRD) has signed a definitive agreement to acquire EDGAR Online, a provider of disclosure management services, financial data and enterprise risk analytics software and solutions for both corporate and investment professionals. The deal, valued at approximately $70.5 million, is expected to close during the third quarter of 2012.
[Danbury, CT] City officials confirmed early Thursday afternoon that printing company RR Donnelley will close its Prindle Ln. plant. The shutdown will affect 145 workers. Mayor Mark Boughton said the city received a notice from the company that it would shut down its printing plant and lay off its workers starting in July.
In March, RR Donnelley closed a plant in Windsor. About 117 workers were laid off as a result of that closure.
Chicago-based RR Donnelley bought the Danbury printing operation from Banta Corp. The local company was founded as Danbury Printing & Litho by the late Cecil Previdi.
EDGAR Online has provided XBRL (eXtensible Business Reporting Language) services for RR Donnelley’s Financial Services offering since 2008. The deal is valued at approximately $70.5 million. “This is a natural fit with our growing portfolio of financial disclosure management services and a superb match for our clients’ needs for end-to-end solutions,” stated Tom Juhase, President of RR Donnelley’s Financial Services offering.
In Fitch’s view, more than 50 precent of R.R. Donnelley’s revenues face some degree of secular headwinds. Certain sub-segments may not recover or exhibit positive growth characteristics going forward. Fitch believes that continued pricing and volume pressure will challenge RRD’s ability to drive GDP-level organic revenue growth.
On March 1, 2011, KBA and RR Donnelley announced they had entered a collaborative alliance to develop new inkjet printing systems. Just over 14 months later, the product of this alliance—the RotaJET 76—has been received with keen interest at drupa 2012.
CHICAGO—RR Donnelley announced the development and installation of its new proprietary ProteusJet Multiweb platform, which has been installed in two of the company's direct response production facilities. This next generation piezoelectric four-color inkjet technology enables direct marketers to use sophisticated 100 percent customized content and messaging to precisely target consumers for improved ROI.
R.R. Donnelley & Sons reported first-quarter net earnings of $37.4 million on net sales of $2.5 billion, compared to net earnings of $33.9 million on net sales of $2.6 billion in the first quarter of 2011. "The revenue trend improved from the fourth quarter of 2011, reflecting a favorable trend in customer demand and new customer wins that we added to the platform during the quarter."
