Commercial printer news from Printing Impressions' May 2010 edition.
Bowne Obtains RSG Digital NEW YORK—Bowne & Co. has acquired the digital printing business of Rapid Solutions Group, a subsidiary of Janus Capital Group, for $14.5 million. RSG Digital has annual sales of about $45 million. RSG’s digital printing unit operates facilities in Chicago and Melville, NY. Genesis Printing Faces Attacks MOONVILLE, SC—Within a span of two weeks, Genesis Printing was the victim of two separate incidents, one involving racist vandalism and, the most recent, a fire that caused $5 million in damage. Police are investigating a possible connection between the two attacks on the printer. No injuries were reported due to the fire,
FORT LEE, NJ—American Banknote, parent company of ABnote Group, has acquired Keystone Manufacturing (Plastics) of Toronto for an undisclosed amount of cash. Keystone is a leading producer of plastic cards. Keystone President Bud Kronenberg and his management team will continue to direct the company.
NOW IN its 24th year, the Printing Impressions 400 (special pull-out section) provides the industry’s most comprehensive ranking of the leading printing companies in the United States and Canada. The listings include company name and headquarters location; parent company, if applicable; current and previous year’s rankings; most recent and previous year’s fiscal sales; percentage change; primary specialties; principal officer(s); and number of employees, manufacturing plants and total press units. (Download a PDF version of the entire listing by clicking here.) For information on the complete list with contact and address details, please view Printing Impressions Top 400 datacard. Financial information for the
Cunningham, CGI Reunited JERSEY CITY, NJ—Michael Cunningham has returned to the organization he helped start. Cunningham was named CEO of The CGI Group, the successor to Cunningham Graphics International, which he founded in 1989. He will report directly to CGI Chairman Peter Furlonge. Cunningham has served as a professor at San Diego State and is a research professor at Cal Poly, as well as an adjunct professor at New York University. American Banknote Buys Firm FORT LEE, NJ—American Banknote, parent company of ABnote Group, finished a deal to obtain Arthur Blank & Co., of Boston, for an undisclosed amount of cash and stock. Arthur Blank & Co.
FORT LEE, NJ—American Banknote, parent company of ABnote Group, has concluded a deal to obtain Arthur Blank & Co. of Boston for an undisclosed amount of cash and stock.Arthur Blank & Co. specializes in the production of plastic cards. The two companies sell more than two billion cards annually.
Fort Lee, NJ—May 9, 2007—American Banknote Corporation, parent of the ABnote Group, announced today that it has acquired Arthur Blank & Company of Boston for an undisclosed amount of cash and stock. The acquisition of Arthur Blank & Co., one of North America’s oldest and largest plastic card companies, nearly doubles ABnote’s U.S. operations, and provides the world-wide ABnote Group access to Arthur Blank’s rich set of capabilities, high volume capacity and intellectual property, along with the ability to offer new products throughout the six continents that it serves. In addition, ABnote announced that Stuart and Eric Blank, long recognized as major leaders in
ENGLEWOOD CLIFFS, NJ—American Banknote (ABN), which traces its roots to 1795 and Paul Revere as an original printer of United States currency, has emerged from bankruptcy protection for the first time since 1991. Under the terms of the reorganization, American Bank-note emerges with a restructured balance sheet, featuring a reduction of debt of more than $1 million (including accrued, but unpaid, interest) and a significant increase in shareholder equity. "We are very pleased to leave the bankruptcy behind us, and to emerge with strengthened resources and liquidity," says CFO Patrick Gentile. Steve Singer, American Bank-note CEO, adds that with the bankruptcy behind them, the
(Editor's Note: Company rankings for the current and previous years
are based on figures reported in 2002. Therefore, companies that
revised their 2001 revenues may have changed their 2001 ranking as
compared with the ranking that appeared in last year's Printing
Impressions 400. Similarly, the percentage change in sales is
calculated on the most recent information provided.) 1 ('01: 1)
Quebecor World, Montréal, Canada Total Sales (millions): $6,300.00
Previous Year's (millions): $6,500.00 Change (%): -3 Principal
Officer: Charles G. Cavell Employees: 40,000 Primary Specialties:
PUB 26%; ADV 21%; CAT 17%; DM 13% Web Offset Units: 3,156 Sheetfed
Offset Units: 985 Other: 808 Ownership: Public
Editor's note: Company rankings for the current and previous years are based on figures reported in 2001. Therefore, companies that revised their 2000 revenues may have changed their '00 ranking as compared with the ranking that appeared in last year's Printing Impressions 400. Similarly, the percentage change in sales is calculated on the most recent information provided. 2001 Ranking:Previous Year's Ranking:Company:Total Sales (millions):Previous Year's (millions):Change (%):Principal Officer:Employees:Primary Specialties:Web Offset Units:Sheetfed Offset Units:Other:Ownership:Plants: 11Quebecor World, Montréal, Canada$6,500.00$5,000.00+30Charles G. Cavell44,000PUB 29%; ADV 20%; CAT 17%; DM 13%3,156985808Public160 2001 Ranking:Previous Year's Ranking:Company:Total Sales (millions):Previous Year's (millions):Change (%):Principal Officer:Employees:Primary Specialties:Web Offset Units:Sheetfed Offset Units:Other:Ownership:Plants: 21R.R. Donnelley & Sons,