Publishers' Graphics, a leading Chicago-based POD print provider, announced today that it has acquired Commercial Letter, a direct marketing printing company located in St. Louis, Missouri. The acquisition fortifies PG's distribution, mailing, and fulfillment solutions and strengthens its ability to service the publishing industry with direct mail programs.
The following are deals, court filings and closures in the printing, packaging, paper and related industries for the month of July: Transactions in the book printing industry took center stage in July; the headline act was the Chapter 11 bankruptcy filing of Cengage Learning. The company is now moving rapidly to a digital strategy, as it seeks to shed more than $4 billion in debt through the bankruptcy process. CEO Michael Hansen, as reported by Bloomberg, squarely placed the blame on the company itself for not adopting digital quickly enough.
[July 2, 2013, Carol Stream, IL] Publishers’ Graphics announced today that it has acquired Corley Printing, a 4th generation family owned book manufacturing company located in Earth City, Missouri, just outside of St. Louis. Corley Printing offers web, offset and digital book printing primarily to the education, commercial, and religious markets.