QWL Unveils Co-mail Technology
MONTREAL—Quebecor World Logistics (QWL) is investing in new co-mail technology to reduce costs for short- and medium-run magazine publishers. Its enhanced co-mailing process, the Express Collation Mailing System, will reduce gross postage by up to 30 percent and improve overall postal distribution service. It is the first phase of QWL's three-year strategy targeted at creating a multiple-pool platform that will eventually offer three co-mail machines with at least 30 pockets each.
CGX Nabs South Carolina Printer
HOUSTON—Consolidated Graphics (CGX) has acquired the assets of Electric City Printing (ECPrint) of Greenville, SC. ECPrint is a full-service sheetfed and digital print provider. Compass Capital Partners represented the selling shareholders in the transaction. CGX has also acquired Newbridge Corp. of Dallas, a full-service data content/information management services and digital printing company.
Greensheet Places Large Order
HOUSTON—Advertising tabloid publisher Greensheet will install a 20-unit Goss Magnum press and two folders, a Goss Universal and SSC, next spring. The press will reportedly reduce production times by more than 50 percent for Greensheet, which churns out roughly 800,000 weekly copies of its free advertising tabloid.
Roll Becomes Arm of Bowe
BURLINGTON, MA—The board of directors for Roll Systems approved a deal that sees the company become a wholly owned subsidiary of Bowe Systec, the company's largest shareholder. The transaction is subject to approval of Roll shareholders. Bowe Systec develops, manufactures, sells and maintains paper management systems for high-volume mail processing.
Berlin Buys Dozen MBO Folders
CAROL STREAM, IL—In a move to expand and upgrade its bindery, Berlin Industries has purchased 12 MBO Perfection folders and eight Palamides banders. The increased productivity will help provide customers with competitive pricing and fast turnaround.
IP to Evaluate Specialty Papers
STAMFORD, CT—International Paper revealed its intention to evaluate alternatives for its industrial specialty papers business, which includes the lightweight packaging papers and pressure-sensitive paper segments and related converting assets. Included in the evaluation process are mills in DePere and Kaukauna, WI, the Akrosil business facilities in Menasha, WI, Lancaster, OH, and the Netherlands, along with Thilmany Packaging located in the Kaukauna mill.