Brown Adds Mobile Expertise
WASECA, MN—Brown Printing announced the acquisition of Nellymoser, a Boston-based mobile marketing and technology company. Nellymoser specializes in rich media delivery, having deployed more than 800 print-to-digital campaigns in 2012 for 50 of the top 100 magazines.
Fetter Layoffs Due to Deal
LOUISVILLE, KY—Fetter Printing, a member of FetterGroup, will let 54 workers go this spring through three rounds of layoffs, Business First reported, citing a WARN filing with the Kentucky Division of Workforce and Employment Services. According to a memo attached to the filing, Fetter President and CEO Terry Gill indicated that the company had sold its paint-labeling line of business to Elk Grove Village, IL-based Fort Dearborn Co., prompting the layoffs.
EP Graphics Buys Assets
BERNE, IN—EP Graphics has acquired the operating assets of Mignone Communications, a Huntington, IN, business founded in 1995, creating one of the largest Indiana-based web printers. Mignone and EP Graphics are integrating staff and operations in the EP Graphics plant here, only 40 miles from Huntington. The combined operations will have approximately 150 employees.
4over Buys Two Presses
MOONACHIE, NJ—Trade printer 4over Inc. has purchased two five-color Komori Lithrone GL40 sheetfed presses. The first GL40 press was recently delivered and installed at 4over's facility here, which is rebounding from the devastation caused by Hurricane Sandy. The second press is scheduled for delivery later this year and is expected to be operational this fall. 4over has facilities in seven states and Canada.
RR Donnelley Reports Loss
CHICAGO—RR Donnelley reported a 2012 fourth-quarter net loss attributable to common shareholders of $849 million, or $4.70 per diluted share, on net sales of $2.7 billion compared to a net loss of $326.7 million, or $1.78 per diluted share, on net sales of $2.7 billion in the fourth quarter of 2011. The fourth-quarter net loss attributable to common shareholders included pre-tax net charges, primarily related to non-cash impairment, totaling $1.0 billion in 2012 and $483.9 million in 2011.