Pace Litho Acquires CP Graphics
CITY OF INDUSTRY, CA—Pace Lithographers announced that it has acquired CP Graphics, of Glendale, CA. The acquisition includes incorporating much of CP Graphics' mid-size equipment with Pace's larger capacity equipment, as well as keeping key associates on staff.
Vertis Names Roland Chairman
BALTIMORE—Vertis Inc. has named Donald E. Roland chairman of the board. Roland succeeds Theodore Ammon, who will remain on the board of directors. Roland will also retain his roles at Vertis as president and CEO.
MBO Mourns Death of Founder
OPPENWEILER, GERMANY—Heinz Binder, owner and chairman of MBO Binder & Co., died May 3. Mr. Binder, 81, was actively involved with the company and served as chairman. Originally a Certified Public Accountant (CPA) by trade, he founded MBO Germany in 1965. The company quickly gained a fine reputation for manufacturing folding machines. He simultaneously established both MBO America and MBO Portugal in 1984, securing worldwide recognition for his company.
Instant Web Forges Alliance
CHANHASSEN, MN—The Instant Web Companies announced it has formed a strategic alliance with Johnson/Anderson & Associates, an envelope specialist. The deal allows both companies to outsource from each other and combine their resources to provide better service for each company's customers. Other terms of the deal will see Johnson/Anderson acquire Instant Web's Jet envelope presses, and Instant Web will become a core supplier of envelope blanks to Johnson/Anderson.
Quebecor World Acquires Printer
MONTREAL—Quebecor World has reached an agreement to acquire 75 percent of Grafica Melhoramentos S.A., in Sao Paulo, Brazil, from Companhia Melhoramentos de Sao Paulo (CMSP). The transaction will soon give Quebecor World two facilities in Latin America's largest economy. The company is building another facility in Recife, Brazil's fourth largest city.
Rainier, Graphic Press Net Deal
SEATTLE—Prepress house Rainier Color has formed a strategic alliance with Graphic Press in Los Angeles, one of the leading, high-end commercial printers in Southern California.