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UPFRONT

May 2008
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, which forced the company to close down, co-owner Larry Kudeviz told a local television station. On March 17, symbols of hatred and coarse language were found spray-painted on the outside of the building, followed thereafter by the fire suspected to be the result of arson.

Merrill Relocates Facility

ST. PAUL, MN—Merrill Corp. has completed the relocation of its Woburn, MA, printing and fulfillment operations to Tewksbury, MA. All 106 employees were transferred to the new facility, which has expanded Merrill’s production and warehouse space. The move is expected to improve the company’s workflow and capabilities. A conveyor system has been added here, and the company plans to update digital color printing capabilities and acquire additional finishing gear.

Plastic Card Company Acquired

FORT LEE, NJ—American Banknote, parent company of ABnote Group, has acquired Keystone Manufacturing (Plastics) of Toronto for an undisclosed amount of cash. Keystone is a leading producer of plastic cards. Keystone President Bud Kronenberg and his management team will continue to direct the company.

Reprieve for Closed Print Shop

HOLYOKE, MA—The defunct Mansir Holden Printing has been acquired by three of its former employees, who reopened the facility on March 31, according to The Republican of Springfield, MA. Douglas Reil, Harry Chapman and Todd Collier purchased the plant at auction on March 13, the newspaper reported.

Taylor Adds Lillian Vernon

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 was 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.

SUV Wrecks Printing Facility

ADA, MI—An SUV crashed its way through the front of Falcon Printing’s facility here on April 3. No injuries were reported and police were still investigating exactly how the accident happened.
 

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