BYRON, MN—Schmidt Printing, a web printing business owned by Taylor Corp., of North Mankato, MN, is implementing a $5 million investment campaign that sees the company adding as many as 30 new jobs, according to the Rochester (MN) Post-Bulletin. Among the equipment being installed are a new press and a collating machine.
DRUPA’S STANDING as an international printing exhibition makes it the place to see the course of technological development in the industry laid out for the next four years. As even the following press and postpress wrap-up stories note, digital printing technology had its strongest showing yet. Even the developments in digital workflow were muted by comparison. Many of the product introductions were already covered in one of the Drupa Countdown stories published in editions of Printing Impressions leading up to the show. Therefore, this wrap-up will primarily focus on what was new in Düsseldorf. The event lived up to its billing as The Ink-Jet
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,
COLORADO SPRINGS, CO—Current USA, a subsidiary of Taylor Corp., has reached an agreement to acquire Lillian Vernon Corp. of Virginia Beach, VA. The deal is scheduled to close April 10. Lillian Vernon is a 56-year-old national catalog and online retailer that markets gifts, household, children’s and fashion accessory products. The Virginia Beach facility will continue…
Bowne Buys Alliance Affiliate NEW YORK—Bowne & Co. has pulled the trigger on a deal to acquire Alliance Data Mail Services (ADS MB), an affiliate of Alliance Data Systems. Terms of the deal were not revealed. ADS MB, which posts annual revenues of $36 million, provides personalized customer communications and intelligent inserting and commingling capabilities for the financial services, healthcare, retail, government and utilities sectors. Taylor Brands Three Entities MANKATO, MN—Taylor Corp. has merged its three independent entities—Carlson Craft Business Solutions, Regency and Label Works—under one unified brand called Navitor. Tom Ninneman, vice president of operations, said the merged entity would better serve customers
MANKATO, MN—Taylor Corp. has merged its three independent entities—Carlson Craft Business Solutions, Regency and Label Works—under one unified brand called Navitor.Tom Ninneman, vice president of operations, said the merged entity would better serve customers “by providing a breadth of offerings and focusing on the qualities that have made each company a long-standing leader in the…
MANKATO, MN—Nov. 5, 2007—For more than 60 years, Carlson Craft® Business Solutions, Regency® and Label Works®, all independent entities of Mankato, Minnesota-based Taylor Corporation, have successfully serviced the personalized business printing needs for their printing partners across the country. After careful review and consideration, Tom Ninneman, vice president, operations, announced that the three entities would merge into one unified brand, better serving their customers by providing a breadth of offerings and focusing on the qualities that have made each company a long-standing leader in the field. “We believe that our new brand, Navitor™, clearly reflects our commitment to assist customers in
Merrill Corp. Staying Private NEW YORK—It looks like financial printing specialist Merrill Corp. isn’t going public again after all. At least not in the foreseeable future. Merrill withdrew its Initial Public Offering (IPO) registration statement, reported the Associated Press. Citing Merrill’s Securities and Exchange Commission filing, it said the printer’s change of heart was due to “adverse market conditions.” Tapella Named Public Printer WASHINGTON, DC—Robert Tapella has been confirmed as the nation’s 25th Public Printer by President Bush. Tapella will oversee more than 2,200 employees at the U.S. Government Printing Office (GPO). Tapella has been instrumental in the GPO’s transformation into a profitable digital printing operation
EXTON, PA—Tom Williams, a longtime printing industry management and financial services provider, is joining Compass Capital Partners as a partner. Williams also boasts executive experience with PhoenixCor, GE Commercial Finance, U.S. Concord and P.C. Leasing.Compass Capital, which provides valuation, investment banking and advisory services to the industry, recently advised PhotoCraft of Portland, OR, when it…
4Over Opening New Facility GLENDALE, CA—Trade printer 4Over will open a new production facility in Dayton, OH. The announcement came during Graph Expo in Chicago. It will be fully operational by year’s end and is expected to cut turnaround times by about 50 percent. Another expected benefit is reduced shipping costs. Motheral Vies for Sprint Press FORT WORTH, TX—Motheral Printing has signed a letter of intent to purchase Sprint Press. The deal is expected to be finalized in the next 60 days. Sprint majority owner Bob Williams is retiring. The acquisition of Sprint Press bolsters Motheral’s sheetfed capacity while also adding diecutting capabilities. All 100 Sprint
