Commercial printer equipment installations and other news from Printing Impressions’ September 2013 edition, featuring Polaris Direct, Zoo Printing, Primary Color, Southeastern Printing, Brown Industries
DAYTON, OH—Standard Register announced that it has acquired WorkflowOne in a transaction valued at $218 million, financed by assuming $210 million of long-term debt and the issuance of warrants with an estimated value of $8 million.
Standard Register has acquired WorkflowOne in a transaction valued at $218 million, financed by assuming $210 million of long-term debt and the issuance of warrants with an estimated value of $8 million. Standard Register expects to achieve $1 billion in annual revenue and $40 million in annual savings when the integration of the two companies is complete.
In an effort to focus on workflow management and the effective delivery of content to improve patient care, Standard Register has established a Healthcare Software and Services Center of Excellence in Atlanta. Additional software developers and other healthcare technology specialists will be recruited.
Commercial Printing Industry News Briefs from Printing Impressions’ May 2013 edition, including RR Donnelley, Schmidt Printing, SuperMedia, Standard Register, Champion Industries, Domtar Corp., Deluxe Corp. and Ace Lithographers.
Commercial printer company and personnel news from Printing Impressions’ May 2013 edition, featuring 4over Inc., Bolger Vision Beyond Print, FLM Graphics, Mossberg & Co., Team Services, Quantam Group and Sir Speedy, PIP and MultiCopy.
DAYTON, OH—Standard Register has announced plans for a new national Center of Excellence for digital printing, kitting and distribution in Jeffersonville, IN, which is in the greater Louisville, KY, metropolitan area. This new 335,000-square-foot center will provide Standard Register customers more flexible delivery options and improved speed-to-market for communications products, services and solutions.
Standard Register's new national Center of Excellence for digital printing, kitting and distribution in Jeffersonville, IN—which is expected to be operational early in the third quarter of 2013—will leverage industry-leading technologies for advanced color management, planning and scheduling, and workflow management.
Standard Register has reported fourth quarter 2012 revenue of $143.6 million and a net loss of $0.2 million or $0.01 per share. “Operational performance continues to improve, which is an indicator that customers are seeing the value of our transition from a traditional printing company to a provider of communications and marketing solutions across multiple delivery channels,” said Joseph P. Morgan, Jr., president and CEO.
CHAMBERSBURG, PA—U.S. Government Printing Office (GPO) work to private sector printers increased modestly from the fourth quarter of 2011 through the first quarter of 2012, and industry officials express some hope that this begins to reverse a trend of declining work from the GPO.