Print
Solutions April 2006
INDUSTRY
NEWS
Ennis
Acquires Specialized Printed Forms
Ennis
Inc., Midlothian, Texas, entered
into an agreement to acquire 100
percent of the stock of Specialized
Printed Forms (SPF), Caledonia,
N.Y. Ennis will purchase all outstanding
stock of SPF from Robert McAleavey,
the company’s president
and CEO, as well as the associated
land and buildings from a partnership
which leases the facility to SPF.
The acquisition continues Ennis’
growth strategy and adds to its
capabilities more short run print
products, long run (jumbo rolls)
products, integrated labels and
form/label combinations. SPF had
sales of $9.5 million for the
past year ended July 31, 2005.
McAleavey will stay on as the
general manager of SPF.
Cenveo
Closing More Facilities, Managers
Increase Investments
Cenveo
Inc., Stamford, Conn., closed
its commercial printing plant
in Centennial, Colo., putting
90 employees out of work, a Feb.
17 story in the Rocky Mountain
News said. The company also recently
disclosed it would close its envelope
plant in Denver and cut 171 jobs.
Cenveo told Colorado’s Department
of Labor that it would “completely
close” the Centennial plant
by April 15. According to a Feb.
18 story in The Arizona Republic,
Cenveo will eliminate 164 jobs
at two Phoenix sites between April
and June. The Arizona Department
of Economic Security said that
Cenveo notified state officials
that it will lay off workers at
the company’s 210 S. Fourth
Ave. and 221 N. 48th Ave. locations.
Cenveo
has undergone changes since Robert
G. Burton was named chairman and
CEO Sept. 9. Burton, senior management
members and the board of
directors also recently acquired
additional shares of Cenveo stock
in various open market transactions.
Burton bought an additional $1
million worth of shares and now
owns more than 3.1 million shares
of Cenveo’s common stock.
NewPage
to Sell Carbonless Units, CEO
Steps Down
NewPage
Corp., Dayton, Ohio, and Glatfelter
of York, Pa., announced that the
companies have signed an agreement
in which Glatfelter will acquire
NewPage’s Carbonless business
operations, based in Chillicothe
and Fremont, Ohio.
In
a separate announcement, NewPage
announced that Peter H. Vogel
Jr., president and CEO, has resigned
from the company effective March
1, in order to pursue personal
interests. Board Chairman Mark
A. Suwyn was named the interim
CEO until a new CEO is selected.
The Chillicothe and Fremont operations
had estimated 2005 sales of about
$440 million. Under the terms
of the agreement, Glatfelter,
a manufacturer of specialty papers
and engineered products, will
purchase the assets for $80 million
in cash.
Additionally,
NewPage announced its financial
results for the fourth quarter
and for the full year 2005. Net
sales were $595 million in the
fourth quarter of 2005, compared
to $533 million for the fourth
quarter of 2004, an increase of
11.5 percent. For the full year
2005, net sales were $2,280 million,
compared to $2,176 million for
2004, an increase of 4.8 percent.
The company reported a net loss
of $65 million for the full year
2005, compared to a net loss of
$301 million for 2004.
Standard
Register to Close Plant
Standard
Register, Dayton, Ohio, will close
its Terre Haute, Ind., label printing
plant by the end of May, according
to a March 9 story in the Dayton
Business Journal. The plant’s
equipment and production operations
will be transferred to three plants
in Radcliff, Ky., Tampa, Fla.,
and Salisbury, Md., and affected
employees will have the opportunity
to interview for other positions
within the company.
Survey:
Digital Printers Increasingly
Popular
Digital
color copiers and desktop color
printers are no longer “second
class” options for outputting
key digital printing applications,
according to a study by TrendWatch
Graphic Arts. In many cases, they
are printers’ first option
and preferred long-term solution.
Other findings of the study, “Copiers
& Printers: Serious Competitors
in the Digital Print Marketplace,”
include:
•
Printers may complain about “copier
quality” in public, but
in private, they know that it
is salable.
•
Printers have always used digital
copiers and desktop devices for
commercial print production, but
that use is becoming more sophisticated.
These devices now churn out very
sophisticated applications, including
variable data print (VDP).
•
Since Q2 2000, the rate of growth
for “short run with color
copiers” as a sales opportunity
has been greater than that for
digital color presses. “Short
run color with digital presses”
experienced 190 percent growth
between Q3 2001 and Q4 2005, while
“short-run with color copiers”
grew at 230 percent.
•
Nearly one in 10 large shops (20-49
employees) sees “VDP with
color copiers” as a top
sales opportunity.
