Printer Vies for "The Apprentice"
NEW YORK CITY—Brian Mandelbaum, 24, director of business development for True Type Printing, was one of the 18 young entrepreneurs selected by Donald Trump to compete in the hit NBC TV series, "The Apprentice." The show, which premiered September 22, puts contestants through a series of business-related exercises to test their savvy, leadership and managerial skills.
Océ to Acquire Imagistics Stock
VENLO, THE NETHERLANDS—Océ N.V. has struck a deal to purchase all of the outstanding shares of Imagistics International, based in Trumbull, CT, for $42 a share. Imagistics is a direct sales and services provider of document imaging solutions. Océ is a provider of products and services for printing and document management services. The deal will reportedly increase Océ's distribution capabilities and presence in the U.S. corporate printing market.
Chesapeake Garners Arlington
RICHMOND, VA—Chesapeake Corp. has purchased all of the outstanding capital stock of Arlington Press from Impaxx Inc. for $65 million, subject to a working capital adjustment. Arlington Press serves the North American pharmaceutical market with printed leaflets, pressure-sensitive labels and folding cartons.
Donnelley Finishes Foreign Deal
CHICAGO—RR Donnelley has completed the acquisition of Poligrafia S.A., a Polish printer of magazines, catalogs, retail inserts and books that is listed on the Warsaw Stock Exchange. Donnelley now owns 99.5 percent of Poligrafia's outstanding shares. The company will be integrated into Donnelley's European operations.
Quebecor Invests in Facility
MONTREAL—As part of a $110 million investment campaign in its Ontario-based media holdings, Quebecor Inc. has consolidated its newspaper printing facilities into one new state-of-the-art facility to be located in Islington, Ontario. The new facility will be co-owned by Quebecor Media and Quebecor World. The consolidation will result in 300 job losses, while 200 new positions will be created by the new facility.
Romano Wins RIT Cary Award
CHICAGO—Frank Romano, Rochester Institute of Technology (RIT) professor emeritus, was presented with that school's 2005 Cary Award during PRINT 05 & CONVERTING 05. The Cary Award is presented annually to those who have distinguished themselves in the development or application of digital technology in graphic communications.
Seidl's Installs Bolero System
HOUSTON—Seidl's Bindery has installed the first Muller Martini Bolero 3028 perfect binder in the U.S. According to Bill Seidl, company president, the Bolero was chosen for its fast setup capability and program storage for immediate recall of specifications. The Bolero 3028 is rated at 8,000 cph and features lay-flat adhesive and PUR binding capabilities.