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. specializes in the production of plastic cards. The two companies sell more than two billion cards annually.
Moody’s Adds Finishing Touch
GRAND PRAIRIE, TX—Trade printer JD Moody’s ushered in its new finishing division with the addition of new Bobst equipment. The gear includes a SPeria 106-E diecutter, a Foilmaster 102 diecutter/hot foil stamper, an Alpina folder-gluer with Packsmart pick-and-place inserters, and Emmeci mounting equipment with casemaking capability.
ABS Raises Capex Investments
ADDISON, IL—ABS Graphics has poured nearly $1 million into its capex program in the last 12 months with some recent acquisitions. Among the new gear is a Kodak Prinergy 3.1 workflow system, Kodak Magnus 800 platesetter, EFI PrintFlow Tool, Canon imageRUNNER Pro 125VP and a Xerox DocuColor 8000 digital press.
Jacobson to Lead Presstek
HUDSON, NH—Jeff Jacobson has taken the helm as president and CEO of Presstek, just 10 days after his scheduled departure from Eastman Kodak, where he had served as a vice president and COO of the Graphic Communications Group. The veteran Jacobson replaces Ed Marino, who is leaving to pursue other interests. Jacobson is expected to bolster the company’s growth in the digital offset printing business and continue its expansion into international markets.