Tanagraphics, Seybert Merge
NEW YORK CITY—Tanagraphics Inc. and Seybert Nicholas Printing Group have signed a definitive merger agreement to form what they claim to be the largest privately held company providing print management solutions in the Big Apple. The new company will be called TanaSeybert and will offer commercial and digital printing, advertising prepress services, bindery and mailing services. TanaSeybert will also offer a full range of integrated Web- and browser-based services. Harris DeWese, chairman of Compass Capital Partners, served as financial advisor for the transaction.
Baldwin, technotrans Deal Nixed
SHELTON, CT—Baldwin Technology has notified technotrans AG that it will no longer pursue the transaction announced in December. The companies had drawn up a letter of intent that would have seen technotrans acquire Baldwin Technology.
Quebecor World Wins Contract
MONTREAL—Quebecor World has reached an agreement with ALLTEL Publishing to print nearly 150 white and yellow page directory titles for distribution in 37 states. ALLTEL is a new client for Quebecor World. The directories will be produced at Quebecor World facilities in Waukee, IA; Hazleton, PA; Loveland, CO; and Edmonton, Alberta. In other news, the company also announced significant improvements to its book services digital printing platform by upgrading systems and redeploying existing assets. Four high speed, high resolution IBM 4100HD systems for black text will be installed at Quebecor World facilities in Leominster, MA, and Dubuque, IA.
RRD Opts for KBA Gravure Press
LANCASTER, PA—RR Donnelley, of Chicago, is slated to install a Koenig & Bauer (KBA) TR8B rotogravure press in its facility here. The new press will be housed in a hall designed to hold two TR8B presses. Production will start in the summer of 2005.
Schumann Orders Sunday 2000
FALL RIVER, WI—Schumann Printers will highlight a $15 million expansion initiative with the installation of a Heidelberg Sunday press this summer. The press is an eight-unit, two-web Sunday 2000 equipped with Autoplate automatic plate changers, automated presetting capabilities and closed-loop color controls.