Quad/Graphics is acquiring LSC Communications for $1.4 billion in stock to create an $8.1 billion, publicly-held printing company.
Rochester, N.Y.-based Mercury will take delivery of the first Landa S10P nanographic digital printing press in the U.S. on Nov. 10.
Part of CJK Group company Sheridan, they’ll operate as Sheridan Publishing Grand Rapids and Sheridan Specialty Binding, respectively.
Marquis Book Printing, of Montmagny, Canada, has acquired Toronto-based Webcom, creating a (C)$100+ million in sales book printer.
Cenveo was able to wipe away more than $800 million in debt, largely at the expense of its shareholders and other unsecured creditors.
The ITC ruling ends these imported newsprint tariffs. Funds collected to date will be reversed over a period of three to six months.
The U.S. Department of Commerce slightly lowered tariffs on imported Canadian newsprint from a maximum 32%, to a maximum 20.26% duty.
Ann Arbor, Mich.-based book printer and manufacturer Edwards Brothers Malloy closed last Friday. The business was founded in 1893.
Cenveo reached a revised Chapter 11 reorganization settlement agreement with its creditors and plans to exit bankruptcy this summer.
Tariffs up to 32% on Canadian uncoated groundwood, including newsprint, is hurting newspapers, directories, books and circulars.
Cenveo’s Chapter 11 saga includes serious allegations from a lender, resulting in a court ruling, and now two more plant closure.
All offset printing will move to Ann Arbor, Mich. Its offset facility in Lillington, N.C., will close, impacting about 100 positions.
On the heels of its acquisition of The Sheridan Group last April, CJK Group, led by CEO Chris Kurtzman, is now acquiring Webcrafters.