RRD-Bowne a Done Deal
CHICAGO—Shortly after receiving word from the Federal Trade Commission (FTC) that its investigation of RR Donnelley's proposed acquisition of Bowne & Co. had been closed and that no additional action by the FTC was warranted, the two companies announced its transaction had been completed. The parties had been anticipating notification by the FTC that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for the proposed deal had been terminated.
Knepper Buys Roland 700 DD
PITTSBURGH—Knepper Press has purchased an eight-color Roland 700 Direct Drive sheetfed perfecting press from manroland. The Roland 700 with Direct Drive, which includes a coater, reportedly allows press operators to reduce prep times by up to 60 percent by performing blanket and impression cylinder washing, mounting plates and digital file transfer tasks simultaneously.
Big Investment for Standard
DAYTON, OH—Standard Register, a provider of document services, announced it has completed the majority of a $10 million refresh of its national network of digital printing centers, aimed at heightening customer service, expanding overall capabilities and improving environmental sustain- ability. Since January, the company has transformed five of its regional print centers into "super centers."
Transcon Closes Facility
MONTREAL—Transcontinental announced that it is closing the Boucherville, Canada, printing plant before the end of the year. The closure, scheduled for Dec. 17, will result in the loss of 180 employees. Jacques Grégoire, senior vice president, magazine, book and catalog group, said the company needed to make the tough call on Boucherville in order to remain competitive in a changing market.
Fire Guts Printing Facility
CHATSWORTH, CA—Firefighters battled a blaze at political printer Coronet Printing for about five hours Nov. 5 before putting it out completely. No one was injured in the fire. More than 200 firefighters responded to the fire, which began about 6 p.m.