Brodock Completes Expansion
UTICA, NY--Brodock Press recently completed a $5.5 million expansion that it expects will drum up $10 million more in annual revenues and pave the way for the addition of new jobs, according to the Utica Observer-Dispatch. The major acquisition for Brodock is an eight-color Komori Lithrone S40 sheetfed press, along with a Xerox iGen3 digital production press.
Dow Jones Buys Platesetters
NEW YORK--Dow Jones & Co. purchased 14 Kodak Trendsetter News 150 thermal CTP platesetters and 17 Kodak Prinergy Evo workflow systems as part of a modernization effort at six of its printing plants. Dow Jones produces The Wall Street Journal, the second largest newspaper in the country by circulation. The agreement with Kodak will bring digital platemaking technology to the company's facilities in Chicopee, MA; Bowling Green, OH; LaGrange, GA; Dallas; Palo Alto, CA; and South Brunswick, NJ. Prinergy Evo workflow systems will be installed in Orlando, FL.
Workflow, Enterprise Merge
NEW YORK--WF Capital Holdings, the parent company of Workflow Management, has signed a definitive merger agreement with Enterprise Acquisition for $669 million. Workflow has also signed agreements to acquire additional businesses in the marketing services and promotional products industry, which may be completed prior to the merger with Enterprise.
Printing Partners Buys Unit
INDIANAPOLIS--Direct marketing firm Marketing Informatics has sold its printing unit to Printing Partners. About 12 of Marketing Informatics' 75 employees will move to Printing Partners. Marketing Informatics bought the former RPS Printing three years ago.
Verso Adds Specialty Papers
MEMPHIS, TN--Verso Paper has begun transitioning the No. 1 paper machine at its Bucksport Mill in Maine to manufacture specialty papers. With this move, Verso will supply value-added specialty papers to customers that leverage Verso's core coating and lightweight paper production techniques. This change will reduce Verso's coated groundwood production capacity by 84,000 tons per year.
Newspaper Print Shop Closing
BOSTON--The Boston Globe will close it suburban Billerica printing plant by 2010 in order to cut operating expenses in light of declining circulation and advertising revenues. Although about 200 people work at the facility, it was not known how many will lose their jobs. Billerica produces about half of the paper's 350,000 weekday press run.
Joni Schiell was listed as joining Pictorial Offset in the September Printer News department. Schiell actually joined Padgett Printing. PI regrets the error.