CALIFORNIA CITY OF INDUSTRY—Kion Printing has invested in a six-color Heidelberg Speedmaster XL 105 press with coater. Founded in 1982, Kion Printing is a privately held company housing 52 employees. FOOTHILL RANCH—Westamerica Graphics recently installed a six-color Komori Lithrone S40. This is the sixth Komori press for the 29-year-old firm. The company is facing increased client demands for short-turnaround, four-, five- and six-color print applications. REDWOOD CITY—Pacific Printing and Fulfillment Inc. (PPFI) recently purchased its third Kodak NexPress 2100 digital production color press and its first Kodak NexPress fifth imaging unit to increase its services to include in-line coating and an expanded color gamut range. CONNECTICUT EAST WINDSOR—Keystone Paper
MORTSEL, BELGIUM--Agfa-Gevaert announced it has signed an agreement to divest Agfa Monotype Corp. to a Boston-based private equity investor, TA Associates. The transaction reportedly is valued at $169 million. The typography business now will operate under the name Monotype Imaging, Inc. It will continue to be headquartered in Wilmington, MA and currently mploys 144 people. For its part, Agfa says it is focusing on further strengthening its position in the prepress market and on building a new growth platform in industrial ink-jet printing. About TA Associates Founded in 1968, TA Associates has offices in Boston, Menlo Park, Pittsburgh and London.