Monroe Litho Goes Independent
ROCHESTER, NY—Monroe Litho is once again an independently owned print shop following a management-led buyout of the company. H. Christopher Pape, who was named Monroe Litho president in November 1998, headed the buyout and has added CEO to his title. Wallace obtained the company in October 1997.
Donnelley Expands into China
CHICAGO—R.R. Donnelley & Sons has reached an agreement with the Shanghai Press and Publications Administration of China that sees the printing giant constructing a $30 million print manufacturing facility in Shanghai. Donnelley will have operating control of the slated 300-employee firm. Construction is under way, with production slated for later this year.
Anderberg-Lund Buys Equipment
ST. LOUIS PARK, MN—Anderberg-Lund Printing has enhanced its service offerings with the acquisition of a new folder and cutter. The company added a 26x40˝ MBO Perfection folder, which has 10 total fold plates. Anderberg-Lund also picked up a 45˝ EMC programmable cutter with monitor.