Old Is New for Ex-Quebecor World Plants
PAWTUCKET, RI—The new parent company may be called MATLET, but a better name may be Old School.
Several companies former owner Quebecor World determined to be non-core are experiencing a bit of a renaissance under the new leadership of Gary Stiffler and MATLET. Following the buyout of five companies from Quebecor World for $70 million, four of the facilities saw their local ownership restored.
The names, which predated Quebecor World ownership, are Acme Printing, Wilmington, MA; Central Florida Press, Orlando, FL; Nova Marketing Services of St. Louis; and Packaging Graphics, Pawtucket, RI. The other company is now called Premedia Services of Detroit.
"We've received such positive feedback from many of the employees, many of whom started with their companies well before Quebecor World," notes Stiffler, president and CEO. "The MATLET Group partners understand that there are two primary ingredients for success in this business—capital investment in the latest technology and having highly skilled and motivated individuals to operate that equipment."
The returning bosses are Francis Canzano, president of Acme Printing (and a 1999 Printing Impressions/RIT Printing Industry Hall of Famer); Greg Orlando, president of Central Florida Press; Kathy Abbett, president of Nova Marketing Services; and Nicholas Carafa, president of Packaging Graphics.Twenty-year industry veteran Dave Mechem will man the president's helm at Premedia Services of Detroit.