TC Transcontinental Printing (Montreal, Quebec) has agreed to acquire Coveris Americas (Chicago, Illinois) for $1.32 billion (USD) that shall be paid in cash, subject to customary closing adjustments and regulations. The deal is expected to close in mid-2018 and will further solidify Transcontinental as one of North America’s top companies in the flexible packaging sector. … Read more →
Torstar Corporation is more than doubling its pool of reporters at its western Canadian Metro free daily newspapers. While other newspaper entities are scaling back in light of competition from online-only publications, the move puts the publisher in direct digital competition with one of its biggest rivals, namely Postmedia Network Canada. The initiative represents a … Read more →
C.P. Bourg’s first scalable Sheet Preparation Module (BPM) will be connected to all major print engines at its production facility in Belgium to demonstrate on Tuesday, May 15, seamless booklet-making integration – from printing to finishing. With the new BPM technology, the OEM will be able to print on large, parent-sized sheets then convert them … Read more →
Canon has added to the capabilities of its imagePress C850 series of cutsheet toner presses with the addition of an automated duplex feeder for banner sheets, plus improved workflow solutions. The ability to print banner sheets has been a popular attribute of the C850 series since its launch. The addition of automated duplex feeding for long sheets … Read more →
Kyocera Corporation has developed a new air-cooled UV-LED curing light (the Kyocera G5A Series) that it’s characterizing not only as the world’s most powerful, but also as the world’s smallest. The new light is ideal for use in industrial ultraviolet (UV) ink printing applications – including billboard printing – as well as UV-cured coating and … Read more →
Ricoh USA has announced that Joji Tokunaga has been appointed President and Chief Executive Officer of Ricoh in the Americas. Bringing 33 years of sales, marketing and management experience to this latest leadership position, Tokunaga will spearhead the OEM’s North America efforts to bring the global Ricoh Ignite growth strategy to its customers and Ricoh … Read more →
Toronto-based Webcom has signed an agreement to acquire York Bookbinders (Scarborough, Ontario), a 34-year-old business specializing in hardcover book bindery services. The deal is expected to close on April 27, 2018. The acquisition adds to the $30 million of Webcom’s digital book manufacturing investments and “reconfirms its commitment to meet the growing publisher demand for … Read more →
The ISA (International Sign Association) International Sign Expo 2018 held March 22-24 in Orlando, Florida, attracted a record-setting 20,387 visitors – making it the largest ISA Sign Expo in Orlando and one of the largest in ISA Sign Expo history. Also, the tradeshow floor was the largest ever for the event. “Significant weather issues throughout … Read more →
Can you guess how many mergers and acquisitions have occurred in the past 10 years in our industry? Over 224! And, you can now add the acquisition of Presstek, which was acquired by Mark Andy, and announced earlier this week. Learn more about this trend at Ryerson University’s Annual Colloquium and Business Plan Expo, organized … Read more →
Canon Solutions America has announced that its imagePrograf TX-3000 MFP T36 large-format printer has received two awards after being voted on by Printing News readers – one for Ink & Toner: Aqueous/Durable Aqueous/Latex Ink/Dye-Sub, and the other for Output Devices: Engineering Printer. “Technology advances have allowed Canon to design solutions to help improve productivity, maximize … Read more →
On the heels of the recently announced Goss/Manroland Web merger set for later this year, as well as the Fujifilm/Xerox deal previously revealed, another major industry acquisition has occurred. Mark Andy, a leader in the label and packaging space, has acquired Presstek, a global supplier of DI (Direct-Imaging) offset plates and presses, CTP solutions and … Read more →
Investor|COM, an investor communication solutions company, has installed a Standard/Horizon HOF-400 with SPF/FC-200A, high-speed Sheet Feeder and Booklet-Making System at its Brantford, Ontario location. Purchased from KBR Graphics, the Canadian distributor for Standard/Horizon Finishing products, it was the second complete automated system purchased since 2014. Investor|COM added this second high-speed sheet feeder and booklet maker … Read more →