PIA/GATF Chooses New Home
SAN ANTONIO, TX—After an 18 month review, the boards of directors of the Graphic Arts Technical Foundation (GATF) and Printing Industries of America (PIA) have selected Sewickley, PA, (over Waukesha, WI) as the new site for its consolidated headquarters. While GATF/PIA will maintain a small office in Washington, DC, for public policy purposes, the majority of PIA operations will move to the current headquarters of GATF, located just outside of Pittsburgh.The timing for the move is the fall of 2004.
Mail-Well Creates New Group
ENGLEWOOD, CO—Mail-Well has formed its new 360° Enterprise Solutions Group for the direct marketing industry. The 360° Enterprise Solutions Group focuses on the complete supply chain management process, from premedia and data asset management through multi-channel media coverage, print-on-demand, fulfillment, logistics and beyond. Leading the new 360° Enterprise Solutions Group is J. Michael Graham.
Bowne President to Retire
NEW YORK—Bowne & Co. announced that Carl J. Crosetto will retire as president of the company at the end of 2003 after 31 years of service to Bowne. Crosetto will remain as a consultant to the company and a member of its board of directors. Robert M. Johnson, chairman and CEO of Bowne, will also assume the responsibilities of president.
Quebecor World Q3 Profits Drop
MONTREAL—Quebecor World's third quarter profits fell to $60 million, from $99 million in the second quarter. The drop was a result of weak advertising spending and overcapacity in the industry, the company said. Operating income was $125 million in the third quarter compared with $168 million in the second quarter. Revenues slipped to $1.59 billion from $1.62 billion. CEO Jean Neveu warned of further consolidation in North America, where printing volumes were up, but revenues down due to price pressures.
IWCO Ups Co-mingling Capacity
CHANHASSEN, MN—The Instant Web Companies (IWCO) has announced the expansion of its co-mingling capacity with the installation of its fourth Delivery-point Bar Code Sorting machine (DBCS). Installation of the DBCS machine increases IWCO's co-mingling capacity by 33 percent and improves inserting efficiencies more than 10 percent.