Shareholders at Check Technology Corp. (Minneapolis), a manufacturer of printing systems for financial, security, forms and commercial printers, have approved the company’s name change to Delphax Technologies Inc. "The change in name reflects the substantially greater breadth of our current product offering and market opportunities," says Jay Herman, chairman and CEO. He notes that the company has
Wisconsin Color Press, a commercial printer based in Milwaukee, has filed for bankruptcy and may be up for sale, according to the company’s attorney. In an article in the Milwaukee Journal Sentinel, bankruptcy attorney Dan Zazove is quoted as saying, "They are just not printing as much." Wisconsin Color is owned by a group of businesses and individuals, including company CEO Fred Cappetta. The 250-employee
Wallace (Lisle, IL) has acquired Thomas Packaging Corp. (Avon Lake, OH), a manufacturer of regulatory labels and inserts, and prime labels. Thomas Packaging is cGMP compliant, making it an attractive acquisition that will expand Wallace’s products and services for pharmaceutical, medical-device, animal-health, agrochemical and specialty-chemical producers and distributors.
Royse Manufacturing Co. (Dallas) and Tri-Service, Inc. (Chicago) have announced the two companies have signed letter of intent for Royse to acquire the sheet-fed business of Tri-Service. Royse will assume control of the Tri-Service brand name and Chicago-based manufacturing, service, and installation functions related to the sheetfed and narrow-web lithographic business operations. With last year’s
Sappi Ltd. (Johannesburg, South Africa), a major producer of coated fine paper, has reached an agreement to acquire Potlatch Corp.’s (Spokane, WA) coated fine paper business and its Cloquet, MN, pulp and paper mill for $480 million. As part of the transaction, Potlatch will cease production of coated paper at the 140,000 short-ton-per-year Brainerd, MN, coated paper mill and bear the related costs.
Weyerhaeuser Co. (Federal Way, WA) has completed its acquisition of Willamette Industries (Portland, OR) following the filing of articles of merger with the Secretaries of the States of Oregon and Washington. Willamette Industries is now a wholly owned subsidiary of Weyerhaeuser; shares of Willamette common stock not held by Weyerhaeuser were converted into the right to receive $55.50 in cash without
Standard Register Document Systems (Dayton, OH) announces i3100, a browser-based data-management application that helps clients perform secure document transactions from anywhere within the organization. The software provides clients with core functionality for preparing and distributing security-sensitive and transaction-based documents, such as bank counter checks, retail gift certificates and healthcare
Heidelberg U.S.A. (Kennesaw, GA) and Sir Speedy, Inc. (Mission Viejo, CA) have initiated a collaborative R&D effort that aims to make on-demand, custom printing fast and economical. Heidelberg’ NexPress 2100 digital color press will be installed at select Sir Speedy centers nationwide for on-the-job trials and qualification. The Sir Speedy Center in Tucker, GA, is the first to receive the machine.
ForestExpress (Atlanta), a transaction processing network for the forest products industry, now offers expanded support for the XML-based papiNet standard. PapiNet is a global initiative to develop, maintain and promote the implementation of electronic transaction standards that facilitate the flow of data among parties buying, selling and distributing paper and forest products. The standard involves
R.R. Donnelley Logistics (Willowbrook, IL) is now offering its Operation Showcase mail reporting system online. The Operation Showcase suite of services reportedly enables customers to monitor mailings from point of entry into the USPS to delivery to the consumer. The Operation Showcase application monitors USPS’s Destination Delivery Units to determine projected in-home delivery dates for mailings.
Presstek, Inc. (Hudson, NH) announced that its Czech Republic-based manufacturing partner, Adamovski strojirny, also know as Adast of the Czech Republic, has joined in a bankruptcy petition filed by its creditors. Presstek sells a B3-format, direct-imaging sheetfed press manufactured by Adast on Presstek’s behalf. Adast manufactures a B3-format 507C DI model press which is resold by Xerox Corp. (Rochester,
Attendees at the recent Paper Summit 2002 expo and conference in Atlanta were reportedly upbeat about what they saw and heard at the paper-industry show. More than 5,000 participants from such paper producers as Georgia-Pacific, International Paper, Inland Paperboard, Gulf States Paper and Visy Paper perused displays from more than 325 machinery and materials suppliers. Several hundred also attended
Tech Services International LLC (TSI), (Kennett Square, PA) has entered into an agreement with Sericol Imaging (Kansas City, KS) to provide presite, installation, spare parts distribution and ongoing support for the Inca Digital Eagle 44 ink jet flatbed press. The terms of the agreement designate TSI as a service and support provider for Sericol’s installations in North America. TSI will be implementing
Shanghai Electric Group (SEC), a heavy electronic and industrial equipment manufacturing group, and Morningside Group (MS), a global investment firm, have purchased the business rights including properties, buildings, facilities and patents of Akiyama Printing Machinery Manufacturing Corp. (Tokyo). The companies have jointly established a new company named Akiyama International Co., Ltd. (AIC) and
Punch International NV (St-Martens-Latem, Belgium), a producer and distributor of components, subsystems and finished products for original equipment manufacturers, has received approval to acquire the assets of digital printing system producer Xeikon NV (Mortsel, Belgium). Punch reportedly has been interested in taking over the company for a while; it had previously submitted several bids. The commercial
A new report from Lyra Research, Inc. (Newtonville, MA), an imaging industry research firm, states that worldwide unit volumes of workgroup inkjet printers will rise to 1.2 million in 2005 from about 680,000 units in 2000. The report, "Ink Jet Printer Market Forecast," acknowledges that while this represents a sizeable growth rate, shipments of workgroup inkjet printers are still relatively small,
According to document-industry research group Blackstone Research Associates (Uxbridge, MA), electronic job submission is a key driver of print volume increases for corporate computer centers and in-plant printers in large businesses. Nearly 19 percent of survey respondents who reported a print-volume increase attributed it to electronic submission of print jobs. The demand for color, particularly
MeadWestvaco Corp. (Stamford, CT) announced its plans to permanently shut down four coated paper machines and related equipment, effective May 31, 2002. Three coated paper machines and associated equipment will be permanently closed at MeadWestvaco's Chillicothe, OH, mill and one coated paper machine at the Luke, MD, mill will be permanently shut down. The restructuring will result in the elimination
MAN Roland (Westmont, IL) is making its first appearance at CeBIT (to be held in Hanover, Germany, March 13-20), networking its DICOpress to various content-management and Internet-connectivity solutions. DICOpress provides high-performance direct-to-press (DTP) capabilities, enabling printers to produce on-demand, variable data and short-run color projects. The system runs at the rate of 138 letter-size
Dynagram (Quebec City, QB), manufacturer of DynaStrip imposition software, has purchased DK&A's (San Diego) INposition product line. The transaction is effective immediately. DynaStrip is a stand-alone product that can reportedly handle the most complex impositions. INposition can impose native QuarkXPress files as well as EPS files from any applications. Noted David King, founder of DK&A, "We were
Ted C. Ringman, vice president of development for the Print and Graphics Scholarship Foundation (PGSF) (Sewickley, PA), has become a member of PGSF's Gutenberg Society. The society honors companies, groups and individuals that have donated $100,000 or more. Ringman's gift will enable PGSF to establish its 100th endowed scholarship for an individual pursuing a career in the graphics communications
Network Distribution International (NDI) (Rockland, MA), a converter and wholesaler of blankets and pressroom consumables, has purchased the assets of Graphic Technologies, Inc. (GTI) (Chicago). The transaction includes GTI's inventories, equipment and trademarks, such as Digi-Tek and Graph-Tek. NDI was founded in 2000 as a result of the merger of National Offset Blanket Supply and Morway Corp. The
Polaroid Graphics Imaging (PGI) (Bedford, MA) has signed a dealer distribution agreement with xpedx (Covington, KY). Xpedx will distribute PGI's lineup of digital halftone proofing systems, including the Prediction and PolaProof Imager Gold systems, as well as all consumables for PGI's proofing and other systems. PGI products will be available through the 120 North American xpedx distribution centers
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BroadGun Software (Melbourne, Australia) recently released a new version of its pdfMachine software which lets users create PDF files with security features. pdfMachine is a Windows print driver that produces great quality PDF files. The product provides a simple to use interface allowing you to produce PDF files from virtually any Windows application. Cost is U.S. $49 per user. The PDF format is