BALTIMORE—Quincy Allen, a 27-year veteran of Xerox Corp., has been named CEO of Vertis Communications, a targeted print advertising and direct marketing solutions specialist. The position had been open since Michael DuBose’s January 1 resignation from Vertis. Most recently, Allen was president of Xerox’s Global Business and Strategic Marketing Group, and a vice president for the corporation.
PrintTech Plus Grows Bigger
SALT LAKE CITY—PrintTech Plus has acquired Rocky Mountain Printing, which has plants in the Utah cities of Orem and St. George. The newly obtained facilities will operate under the name RMPlus. Former Rocky Mountain Printing owner Gary Bengtzen will remain with the company, and will focus on new business development and outside sales. The combined companies employ more than 100 people, with gross sales projected in the $20 million range.
Worth Higgins Makes Deals
RICHMOND, VA—Employee-owned Worth Higgins & Associates has acquired Billet Printing of Manassas, VA. In addition, the account executives and employees of the former Colonial Printing in Richmond have joined Worth Higgins. The new assets are expected to generate an additional $8 million in annual sales. The company also plans to hire an additional 40 or so employees during 2009 and will break ground on a 30,000-square-foot addition to its facility.
Jacob North Buys nobrainer
LINCOLN, NE—Jacob North Companies has acquired the assets of nobrainer LLC, which specializes in variable data printing and cross-media communications through its Individualized Content Mail products, including nobrainermail. Terms of the deal were not disclosed. Founded in 1888, Jacob North provides web, sheetfed, digital and flexo printing, along with mailing, fulfillment and inventory management.
Industry Vet Wetzel Passes
CUDAHY, WI—Arthur Wetzel, who spent 73 years making Wetzel Brothers one of the Midwest’s leading printers, passed away March 12 at the age of 105. Mr. Wetzel spent his entire career working at the company founded by his father, Ignaz, and his uncle, August. He was president of the PIA in the 1950s, and championed early innovations such as offset printing on plastic substrates and waterless printing. Mr. Wetzel sold his company to Consolidated Graphics in 1999.
Gerace Doesn’t Renew Pact
SHARONVILLE, OH—Multi-Color Corp. announced that Frank Gerace, its president and CEO, has provided the required notice that he does not intend to renew his employment agreement when it expires on March 31, 2011. Under the terms of his deal, Gerace’s contract would have renewed automatically unless he or the company provided a notice of non-renewal at least 24 months prior to its expiration.