California Printing Landscape Changes
LOS ANGELES—The Southern California printing scene is taking a big hit with the loss of two well-known names in the industry. Anderson Lithograph of Los Angeles, one of the most prominent printers in Southern California, has been consolidated into ColorGraphics by its parent company, Cenveo Inc. In a letter to customers, Anderson Litho President Mark Tennant said the move is in response to the economic downturn.
“It is important to note that we fully expect to maintain the same top-rated service to our customers,” Tennant wrote. “We have the same state-of-the-art equipment, the same quality output and the same familiar faces.”
It was not known how many jobs would be impacted by the move.
In early March another prominent Los Angeles printer, Insync Marketing Solutions, filed for Chapter 7 liquidation bankruptcy. The company had been formed by the combination of Insync Media and Graphic Press.
Last October, Graphic Press founder John Zamora settled a lawsuit he brought against Graphic Press LLC, Nogales Investors LLC and Nogales Investment Fund I, et al., for wrongful termination and breech of contract, among other charges. Zamora has regained the rights to the Graphic Press name.
According to the bankruptcy filing, Insync owed its primary secured creditor, Wells Fargo Bank, roughly $10.7 million. Its assets, including two web offset and four sheetfed presses, are to be sold at auction on June 24.