Banta Increases Fulfillment
APPLETON, WI—Construction has begun for a second new fulfillment services building for the Banta Corp. The 215,000-square-foot building will be about twice as large as the one it’s replacing. About 120 employees will move to the plant when it is completed in approximately five months.
Worth Higgins Registers Quality
RICHMOND, VA—Worth Higgins & Associates is reportedly the first printer in the state of Virginia to register its quality management system to the new ISO 9001:2000 standard. The new certification standard is more customer focused, with an emphasis on employee involvement and continuous improvement.
Consolidated Reports Q1 Results
HOUSTON—Consolidated Graphics has announced results for its first quarter ended June 30, 2003. Revenues for the quarter were $165.8 million, compared to $166.1 million in the March quarter and $176.1 million a year ago. Net income for the June quarter was $3.6 million compared to a net loss of $29.1 million in the March quarter and a net loss of $69.3 million a year ago.
Bemis Drops Sale of MACtac
MINNEAPOLIS—Bemis Co. reportedly has dropped the planned sale of its adhesive label maker, MACtac, to UPM-Kymmene. Bemis officials said an opinion released recently in U.S. District Court for the Northern District of Illinois blocked the sale. The injunction had been sought by the U.S. Department of Justice, which had antitrust concerns. On April 15th, UPM-Kymmene received notice that the Antitrust Division of the U.S. Department of Justice had filed a civil antitrust lawsuit to block the acquisition. The EU Commission and Canadian competition authorities had already approved the transaction.
Printer Is First Stitcher User
CRANSTON, RI—Colonial Printing is the site of the first Standard Horizon StitchLiner 5500 automated saddle stitching line installed in North America. The 22-employee printer recently moved into a new 20,000-square-foot facility.
New York Daily News Files Suit