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UPFRONT

April 2009

Gigantic Is Beta for HP Printer

DALLAS—Large-format printer Gigantic Color is the first beta installation of the HP Scitex FB750 digital flatbed printer. The addition has allowed Gigantic Color to expand its offerings and secure new business opportunities traditionally limited to screen printers. The printer is designed for high-quality, point-of-purchase/point-of-sale applications, exhibition graphics, signage, backlit displays and posters.

Promatch Enhances Arsenal

DAYTON, OH—Promatch Solutions has acquired the assets and trade name of Greyden Press and JK Digital Publishing. Greyden Press, based in Columbus, OH, provides prepress, digital printing, binding and fulfillment to the scientific and technical publishing markets. The addition of Greyden also allows Promatch to expand its short-run perfect binding, coil and binder publication offerings to include hardcase books, along with CD and DVD replication.

Press Fire Strikes Gateway

LOUISVILLE, KY—It took four fire departments about 40 minutes to put out a fire at Gateway Press on March 4, the Louisville Courier-Journal indicated. There were no injuries reported. Firefighters arrived at the plant shortly after 7 p.m. as smoke billowed out of a six-color, 40? press that had been operating when the blaze started, according to Glen Georgehead, CFO. He said the press is likely damaged beyond repair and added that the building did not suffer any structural damage.

Mohawk Acquires SMART Line

COHOES, NY—Mohawk Fine Papers has purchased the premium uncoated writing, text and cover brands from SMART Papers, of Hamilton, OH. The purchase includes the Carnival, Passport, Genesis, Synergy, Pegasus, Magna Carta, Solutions, Feltweave, Nekoosa, Proterra, Skytone and SMART Brights brands. Mohawk will also become the exclusive marketer of SMART’s Kromekote and Knightkote brands to traditional paper distribution companies and graphic designers worldwide.

Printers Form Digital Concern

FAIRFIELD, NJ—Gator Media Group, in a joint venture with Printing Communications Group, has formed Digital Communications Group (DCG). The new company provides digital services to its clients, including variable data printing, PURLs, wide-format printing and Web-to-print services.

Untreated Ink Ends Up in River

READING, PA—A faulty valve at Interstate Container resulted in a large quantity of ink being spilled into the Schuylkill River, the Reading Eagle reported. The city’s emergency management coordinator said the ink is non-toxic and water soluble, and does not present a danger to residents. Interstate normally treats the ink before disposing of it, but the bad valve allowed untreated ink to enter the river, the paper said.

EFI OKs Share Repurchases

FOSTER CITY, CA—The board of directors of Electronics For Imaging (EFI) has approved a $100 million share repurchase program, including a $30 million accelerated share repurchase (ASR), utilizing a portion of proceeds from the recently announced sale of the company’s real estate here. The authorization replaces the previously approved share repurchase program, including a remaining amount of approximately $33 million available for repurchases.


 

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