Presstek, Inc., a leading manufacturer and marketer of digital offset printing solutions, today announced that a United States District Court has issued a permanent injunction barring a U.S. based distributor from selling, distributing, soliciting, advertising and servicing printing plates manufactured by VIM Technologies, Ltd.
GREENWICH, CT--The executive committee of The Print Council has appointed Ben Cooper to be executive director of the industry initiative, effective January 9, 2006. Martin Maloney, who has completed his special one-year commitment as the council's executive director, is appointed to the executive committee of the board of directors. Roy Grossman, president of Sandy Alexander, and co-chairman of the executive committee, stated, "We are delighted that Ben Cooper will be joining us as executive director on a dedicated basis. He will be succeeding Martin Maloney and his company who have done an outstanding job of bringing The Print Council to top-of-mind awareness throughout the
GREENWICH, CT--Robert Burton has informed Printing Impressions magazine that he has filed a Schedule 13D with the Securities and Exchange Commission (SEC) to report that his Burton Capital Management (BCM) now owns approximately 10 percent (9.6) of Cenveo's outstanding shares. Burton also seeks to become the next chairman and CEO of Cenveo, with BCM having the right to choose two board members. Should the company not negotiate terms with Burton, he could wage a proxy battle. The move comes roughly two months after Burton yielded to Eastman Kodak in his bid to take control of Creo. In a letter addressed to Cenveo shareholders dated April 7,
BY CHRISTOPHER CORNELL Each little drop in the bucket doesn't amount to much, but after a while it can turn into a torrent; that's the metaphor that applies to the graphic arts industry in 1999. Each individual merger and acquisition during the course of the year didn't affect the industry that much, but, in the aggregate, 1999 will likely be remembered as the year in which the number of companies in it noticeably shrunk. The biggest news story of the year was one just about everybody saw coming. Just after mid-year, following weeks of industry speculation, Quebecor Printing and World Color Press signed a
PHOENIX—Greenwich, CT-based World Color Press plans to acquire Great Western Publishing, a printer of retail advertising inserts headquartered here, which had revenues of approximately $42 million in 1997. Great Western's other facilities are located in Ontario, CA, Salt Lake City and Houston. Since its founding in 1988, Great Western has grown from a 12-person company to an organization with more than 400 employees. Great Western's customers include ABCO, Albertson's, Bashas', Best Buy, Fry's Food Store and Smith's Food & Drug. Robert G. Burton, chairman and CEO of World Color, notes: "Great Western is an especially attractive acquisition for World Color, as it is
BY ERIK CAGLE The world of direct mail is an exclusive one in terms of overall printing sales figures. According to the annual ranking of the 500 largest companies done by Printing Impressions, the top two North American direct mail printers—Quebecor Printing, headquartered in Montreal, and the Banta Corp. of Menasha, WI—topped $600 million in combined sales. The third and fourth largest companies on the top 10 list—Wallace Computer Services of Lisle, IL, and World Color Press, Greenwich, CT—combined for roughly half of that figure. Top 10 Direct Mail Printers CompanySegmentSales(millions)Total Sales(millions)1Quebecor PrintingMontreal$382.80$3,480.002Banta Corp.Menasha, WI$228.00$1,200.003Wallace Computer ServicesLisle, IL$176.80$1,360.004World Color PressGreenwich, CT$140.00$2,000.005The Instant Web CompaniesChanhassen, MN$89.60$112.006Japs-OlsonSt. Louis Park, MN$66.00(E)$110.00(E)