POMPANO BEACH

Heidelberg USA’s small format demo center in Buffalo Grove, IL recently hosted an Open House for printers interested in learning about the Heidelberg Speedmaster 52 press with Anicolor. The event was the second in a series of seven open houses to be held this calendar year at the Buffalo Grove facility, which functions as Heidelberg USA’s small-format printing demonstration center.

DARIEN, CT—The 2001 campaign continues to be a challenging one for some of commercial printing's biggest names. Printing Arts America (PAA), based here, has filed for Chapter 11 reorganizational bankruptcy, another blow to the once-flourishing corps of commercial printing industry consolidators. Joe Ahearn, of Pilgrim Associates, has been brought in by PAA to lead the company during its bankruptcy proceedings. Ahearn replaces departed President/CEO Marion Antonini. Harris DeWese, of Compass Capital Partners, has been engaged to advise PAA on strategic direction. Formed in 1998, PAA quickly made a name for itself by acquiring 11 companies in the United States and Mexico. The debt accrued in financing the

POMPANO BEACH, FL—Printing Arts America (PAA), the Westport, CT-based financial rollup, will acquire AIM Riverside Press, based here, its first acquisition since it hired former Donnelley executive Terry Tevis as its president and CEO. "AIM Riverside fulfilled two criteria very important to us," Tevis explains. "It was well-managed and profitable; and has the physical capacity to grow." AIM Riverside will become the 'hub' for the South Florida market," he adds, noting that discussions are under way with other nearby firms that would become "satellite" facilities. Tevis says the management team at Riverside, headed by Oscar and Ike Abolafia, has "accomplished on a regional basis