Saggiomo Joins DG3 Group
JERSEY CITY, NJ—The DG3 Group (DG3), a provider of global graphic communication solutions, has tabbed Tom Saggiomo for the role of president with the DG3 North American division, effective January 1. Saggiomo will report directly to Michael Cunningham, DG3’s CEO. Saggiomo previously served as president and CEO of the Agfa Graphics North American division, which hired Peter Wilkens as his replacement.
Quebecor World Boosts Co-Mail
MONTREAL—Quebecor World has installed a variable trim co-mail system that will increase its co-mail offering and generate increased postal savings for its catalog and periodical customers. The system enables Quebecor World to deliver multiple trim formats in-line, offering customers more opportunities to participate in co-mailing pools and reduce mailing costs.
Second Web Press for St Ives
HOLLYWOOD, FL—St Ives is preparing to install a second Komori System 38 web offset printing press at its facility here. The new Komori press is scheduled to be placed into full production in early March 2009. St Ives produces magazines, catalogs and annual reports. It provides sheetfed and web commercial printing, digital printing, perfect binding, direct mail and fulfillment services.
AbitibiBowater Drops Capacity
MONTREAL—AbitibiBowater Inc. is curtailing paper production capacity, predominantly newsprint, by one million metric tons in a move that will result in about 1,100 jobs being impacted in the United States and Canada. Some mills are being closed permanently, while others are being idled until further notice. The Covington, TN, paper converting facility is being closed for good, removing 70,000 metric tons of coated grades from the marketplace.
Tribune Co. Files Bankruptcy
WILMINGTON, DE—Tribune Co., the 161-year-old company that publishes the Chicago Tribune and the Los Angeles Times, has filed for reorganizational bankruptcy. According to Bloomberg, Tribune Co. listed assets of $7.6 billion and debts of $12.9 billion in its filing at Delaware U.S. Bankruptcy Court here. JP Morgan Chase is said to be the biggest debt holder at $1 billion.
Taxpayer Data Gets Exposed
BATON ROUGE, LA—An accidental printing job mailed out by the Louisiana Department of Revenue exposed the personal information of nearly 300 taxpayers to other people with tax debts, according to the Associated Press. The department said letters that were mailed to taxpayers who owed money included the name, address, social security number and debt amount for a different taxpayer on the other side of the document. Officials at the Department of Revenue stated that they have no reason to suspect the personal information has been misused.