Quick Printing

OCT 2012

Quick Printing is the resource for the Commercial printing, visual and graphic arts industries. Since 1977, Quick Printing has focused on improving efficiency and increasing sales and profits in the print shop. Industry experts share their ideas and

Issue link: https://quickprinting.epubxp.com/i/84757

Contents of this Issue

Navigation

Page 7 of 61

NEWS OF THE PRINTING INDUSTRY AT A GLANCE "This shift needs to be underway now to ensure that commercial printers are still players in the next five to 10 years." NEWS Presstek Will be Acquired Presstek, Inc. has entered into a definitive merger agreement under which it would be acquired by MAI Holdings, Inc., an entity affiliated with American Industrial Partners Capital Fund IV, LP. (AIP). The agreement and plan of merger have been unanimously approved by the company's board of directors. AIP, a private equity investment firm, also owns Mark Andy, Inc., which manufactures flexographic equipment and products for the label, packaging, and specialty printing markets. www.myprintresource.com/10007359 Ricoh Invests in PTI Ricoh Company, Ltd. has made a significant investment in PTI Marketing Technologies, a provider of Web-to-print and marketing personalization solutions. Together, Ricoh and PTI will bring new technologies, software, and services to market to enable companies to drive relevant, multichannel marketing campaigns at the global, regional, and local levels. Read more about it on page 30 in our Executive Q&A with Sam Hosoe, Ricoh Production Printing Business Group's associate director and deputy general manager. Ricoh: www.myprintresource.com/10007712 PTI: www.myprintresource.com/10335137 Spiral Concludes Fourth Acquisition On July 12, 2012, Spiral James Burn (Spiral Binding Com- pany) completed its fourth acquisition in the last 12 months by acquiring Northeast Binding Systems (NBS) of Pleasantville, NY. The previous acquisitions were similar regional graphic arts dealers: PDP Systems, Austin, TX; ImageBind Systems, Clifton Park, NY; and Premier Business Systems, Clearwater, FL. www.myprintresource.com/10008070 NewPage Files Chapter 11 NewPage Corporation has filed a Joint Chapter 11 Plan with the US Bankruptcy Court for the District of Delaware. The company also requested an extension of time to file the dis- closure statement related to the plan. "The filing of our plan of reorganization is an important and positive step forward to a successful completion of our financial reorganization," said George F. Martin, president and CEO. "Discussions with and among our major creditor groups regarding the plan are ongo- ing. We are hopeful that these discussions will lead to broad support for our plan." www.myprintresource.com/10006889 8 QUICK PRINTING / October 2012 Franchise Services Convention Takes Baltimore by Storm —Sam Hosoe, page 30 T he annual Sir Speedy, PIP Printing and Marketing Services, and Sig- nal Graphics International Convention and Vendor Show was held in Baltimore August 15-18 at the Hyatt Regency Hotel. Franchise owners and salespeople from around the country were presented with sales achievement and other recognition awards during the three-day event that encompassed keynote presentations, general sessions, and the largest trade show of any printing and marketing services company. The 2012 Sir Speedy Franchisee of the Year Award was presented to Reuven and Susy Kanner of Miami Lakes, FL, and the 2012 PIP Fran- chisee of the Year Award was presented to Jimmy and Judy Brumley of Burlington, NC. This is the second time the Brumleys have received this award and the first time in history that a PIP franchisee has received the award twice. Top Volume Awards went to George Coriaty of Sir Speedy, Whittier, CA, The Fulner Family of PIP in Indianapolis, IN, and Nashville, TN, and to Riley and Kay Gunnels of Signal Graphics in Atlantic City, NJ. Those franchisees also received the Quick Printing Top Volume Award, which was presented by editor Karen Lowery Hall. The International Top Volume Award went to Fred Torres of Rio de Janeiro, Brazil. In addition, a Lifetime Achievement Award was presented to Art and Dannie Weber of Winston-Salem, NC, in recognition of their 40 years with the Sir Speedy network. "All of our award recipients represent leaders in our franchise network, the printing and marketing services industry, and in their communities where they continue to help their business customers grow," says Richard Lowe, COO of Franchise Services. "Their sales achievements are extraor- dinary accomplishments and I am proud of the efforts they have set forth to achieve both professional and personal success." www.myprintresource.com/10114770 FSI CEO Don Lowe with Sir Speedy Franchisees of the Year Reuven and Susy Kanner. Jimmy & Judy Brumley, PIP Franchisees of the Year, with FSI CEO Don Lowe. www.MyPRINTResource.com

Articles in this issue

Links on this page

Archives of this issue

view archives of Quick Printing - OCT 2012