Symcor, one of North America’s leading document processing and transactional printing companies announced they have recently invested in a new continuous full colour printer in partnership with Océ, an international leader in digital document management and delivery.
RR Donnelley absorbed another loss in its quarterly results, recording a net loss of $686.9 million in the fourth quarter. Impairment and restructuring charges, which totaled nearly $1.4 billion, were the primary culprits.
CHICAGO—RR Donnelley has opened a new Financial Services office in Calgary, Alberta, to serve businesses and law firms in Western Canada. This facility is positioned to meet the region's needs for transactional and compliance projects, particularly for businesses and institutions focused on oil and gas, services, mining and technology. The service center complements existing Donnelley offices in Toronto and Montreal.
Transcontinental kept its momentum in the fourth quarter and ended fiscal 2008 with adjusted earnings per share of $1.73, compared to $1.50 in 2007, up an appreciable 15%. Adjusted net income, which excludes asset impairment, restructuring costs and unusual adjustments to income taxes, is a good indicator of the Corporation’s operating performance.
Grafikom, the sheetfed, digital and specialty printing company that spun off from Quebecor World in November of 2005, has ceased operations and is in receivership, according to the Edmonton Journal. The move leaves more than 500 employees in eight facilities out of work.
Grafikom Acquires Speedfast TORONTO—Grafikom LP, a network of companies formerly under the Quebecor World umbrella, has swung its first independent deal since being established last November with the acquisition of Speedfast Color Press. Privately held Speedfast Color Press, a general commercial printer and mailer, has two facilities in Edmonton, Alberta. The deal enhances Grafikom’s holdings in Edmonton, which includes grafikom.Jasper. Mike Steiner, formerly the owner and operator of Speedfast Color Press, will serve as president for the Edmonton operations. Vertis Obtains USA Direct BALTIMORE—Vertis has struck a deal to bring USA Direct, of York, PA, into the fold. USA Direct provides design, printing, personalization and inserting