Commercial Printing Industry News Briefs from Printing Impressions’ February 2012 edition, including items on Intelligencer Printing, Burton & Mayer, RR Donnelley, BRD Printing, AlphaGraphics, Lehigh Phoenix, Corporate Press and PrintingForLess.com.
HAGERSTOWN, MD—Lehigh Phoenix, a wholly owned subsidiary of the Visant Corp., is expanding its complex here. The expansion will add 28,000 square feet to the existing 180,000-square-foot facility.
Lehigh Phoenix, a wholly owned subsidiary of the Visant Corp., has announced a 28,000-square-foot expansion of its 180,000-square-foot facility in Hagerstown, MD, to allow the relocation of capabilities from its facility in Rockaway, NJ. The transition is expected to be completed by mid-April.
Visant Corp. recorded consolidated net sales of $227.6 million for the quarter, compared to $224.3 million for its third quarter of 2010, and a consolidated net loss of $12.3 million, compared to a consolidated net loss of $21.6 million for the third quarter of 2010.
Visant Corp.’s second fiscal quarter results included consolidated net sales of $493.1 million, compared to $499.1 million for the quarter ended July 3, 2010. It reported consolidated net income of $60.6 million for the quarter, compared to $92.2 million in net income for the second quarter of 2010.
Chicago-based RR Donnelley announced today it is closing its Eldridge, Iowa, plant, displacing 280 workers, said Ted Harms, state rapid response coordinator for Iowa Workforce Development. Harms said the company announced it will close the Eldridge plant July 31. RR Donnelley acquired the former Von Hoffmann in January 2007. It was part of a $412.5 million deal with Visant Corp. The facility originally was Bawden Printing.
“The company’s announcement shows a high degree of corporate responsibility,” Harms said, adding that there have been companies that have just chained their doors without informing employees or the state.
In its first fiscal quarter ended April 2, Visant Corp. had consolidated net sales of $250.7 million, compared to $266.0 million for its previous first fiscal quarter. It also reported a consolidated net loss of $18.5 million vs. net income of $5.4 million.
The Green Bay Packers’ relationship with Jostens dates back to legendary coach Vince Lombardi, who chose the company to commemorate the Packers’ historic victory in Super Bowl I. In addition to finalizing design details, Packers staff and representatives from Jostens are preparing collections to include the entire Green Bay Packers community.
Jostens is establishing a new memory book facility in Clarksville, TN, and relocating its memory book and commercial print production from its plant in State College, PA, to Clarksville. As a result, 230 full-time and seasonal positions will be eliminated.
Results for its year ended Jan. 1, 2011, include consolidated net sales of $1.241 billion, compared to $1.255 billion, and net income of 56.2 million vs. $90.7 million for fiscal year 2009. Sales for the Scholastic segment increased 2 percent.