LSC Communications, Inc. (NYSE: LKSD) announced today that it has completed its previously announced acquisition of CREEL Printing, a privately-owned offset and digital printing company based in Las Vegas, Nevada.
http://investor.lsccom.com/news-releases/2017/08-17-2017-210030759
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Idealliance expects commercial printing industry sales (all sources) to grow 1.5% to 3.0% in 2018, after growing approximately 1.0% in 2017. Where in that range the industry finishes will depend largely on the strength of the American economy which, in turn, will depend on the size and efficiency of the stimulus Washington delivers. A weak package will mean a finish toward the bottom of the range, and a strong package a finish toward the top. If Washington really comes through, we may have to do something we haven’t done in years: revise a forecast up. Print enters 2018 with sales of approximately $84.0 billion, 9.1% above the 2011 low, but still 14.6% below the 2007 pre-Great Recession level. Diversification continues. Participants in the Idealliance “State of the Industry, 15th Edition” report expect, on average, something other than printing (mailing, fulfillment, database management, marketing services, Web service, etc.) to provide 31.6% of their revenue in 2018, up from just 13.3% in 2012. Click Read More below for additional information.
Royle Printing is pleased to announce the purchase of a late model Goss Sunday 2000 48-Page Press. This investment complements Royle's existing press capacity and will help the company grow its position in the catalog and magazine markets. The press was originally purchased and installed in 2015 and became operational in mid-2016. The 8-unit Goss S2000 48-page press provides a broad range of print formats and page configurations for high-volume catalog and magazine projects. The press has a combination and double form folder capable of producing a 48-page signature or a variety of different page configurations (i.e., 4, 8, 12, 16, 24, 32, and 48). The installation will commence in the coming month, with the start-up and commissioning taking place in September '21.
Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), a leader in industrial and commercial printing and packaging solutions, is pleased to announce the installation of its AccurioJet KM-1 LED UV Inkjet Press at More Than Ink, celebrating 17 years as a family-owned and operated business providing quality printing to the North Florida market. More Than Ink is an eco-friendly print shop focused on digital printing which includes booklets, catalogs, envelopes, pads, brochures and folders. It offers direct and bulk mailing and design services as well as a large format department for signs, storefronts and trade show items. More Than Ink has used Konica Minolta presses for ten years, most recently purchasing the AccurioPress C6100 Digital Printing Color Press in 2020 and the bizhub PRESS C1085 Digital Printing Press in 2018.