Phoenix Expands With All Out Asset Purchase
November 2011
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PHILADELPHIA—The Phoenix Group has debuted its new Midwest facility, Phoenix-Veterans Print Corp. in Chicago. The firm will be bolstered by the assets acquisition of Woodridge, IL-based All Out Print Communications, with a number of that company’s former executives managing the new Phoenix-Veterans Print facility.
The tandem of former All Out CFO James Capuano and his son, All Out founder J.B. Capuano, will assume the reins at Phoenix-Veterans Print, with James Capuano taking the president and CEO helm, and his son becoming the vice president of sales. The elder Capuano is a decorated Marine Corps combat disabled veteran.
“We are very excited to be expanding our services to the Chicago area in the form of large-format UV presses,” noted Barry Green, chairman of The Phoenix Group. The new operation boasts two 56˝ KBA Rapida presses, including a six-color UV model that is capable of printing on substrates from 50-lb. uncoated to 48-pt. board and plastic, as well as a five-color KBA Genius waterless offset press with UV coating.
Philadelphia-based Phoenix Group also has facilities in New York and New Jersey.
The tandem of former All Out CFO James Capuano and his son, All Out founder J.B. Capuano, will assume the reins at Phoenix-Veterans Print, with James Capuano taking the president and CEO helm, and his son becoming the vice president of sales. The elder Capuano is a decorated Marine Corps combat disabled veteran.
“We are very excited to be expanding our services to the Chicago area in the form of large-format UV presses,” noted Barry Green, chairman of The Phoenix Group. The new operation boasts two 56˝ KBA Rapida presses, including a six-color UV model that is capable of printing on substrates from 50-lb. uncoated to 48-pt. board and plastic, as well as a five-color KBA Genius waterless offset press with UV coating.
Philadelphia-based Phoenix Group also has facilities in New York and New Jersey.
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