Quebecor World Elevates Lucas
MONTREAL—Embattled printing giant Quebecor World has named new president and CEO Wes Lucas to its board of directors, less than a week after taking the helm of the company. Prior to his May 11 appointment, Lucas served as chairman, president and CEO of Sun Chemical, a leading producer of printing industry inks and pigments. The announcement comes on the heels of the news that Quebecor World will cut a total of 756 jobs in 2006 because of poor results from its commercial printing operations.
Brower Acquires Marcom
MINNETONKA, MN—J.D. Brower In-vestment Group, which owns The PGI Companies, has acquired a majority interest in Marcom Services, or MarcomNordic. The deal creates a company with printing, packaging, direct mail and fulfillment capabilities. The companies will operate separately.
New Press for Motivating
FT. WORTH, TX—Motivating Graphics plans to begin installation of its new five-unit Goss Sunday 2000 web press in July. The 24-page press includes a Contiweb CS splicer, an Ecocool dryer with integrated chill rolls and a PCF 1.2 pinless combination folder. Motivating Graphics, which produces technical manuals, brochures and direct mail work, among other things, is also receiving a refurbished Sunday 2000 press system.
Openfirst Nets Digital Presses
MILWAUKEE—Openfirst, which services sectors including automotive, financial and manufacturing with printed marketing messages, has invested in 11 digital printing systems from Océ. The large order features nine Océ VarioStream 7550 and 7650 continuous high-speed printers, along with VarioStream 9210 and 9220 continuous feed duplex printers.
InnerWorkings Registers for IPO
CHICAGO—Print procurement solutions provider InnerWorkings has filed a registration statement with the Securities and Exchange Commission (SEC) for an initial public offering of common stock. The number of shares to be offered and the price range for the offering have not been determined.
Seiz Gets 12-color Capabilities
ATLANTA—Seiz Printing has added a 12-color Heidelberg Speedmaster SM 102 perfecting press, among other new gear, to its all-Heidelberg press arsenal. The printer also picked up a six-color Speedmaster CD 102 press with coater and Heidelberg’s off-line UV coating unit. The SM 102 is expected to increase productivity and capabilities.