Imagine! Express Minneapolis Installs a 41″ KBA Rapida 105 Sheetfed Offset Press
The newly-installed 41″ KBA Rapida 105 press at Imagine! Express Minneapolis joins seven more KBA Rapida presses at Imagine’s facility located in Shakopee, MN: a giant 81″ Rapida 205, two 64″ Rapida 162 presses, and four 41″ Rapida presses. All presses are fully equipped with KBA’s advanced technology from quality control to fully automated processes including a host of drying solutions.
“KBA has been our press partner for nearly 10 years,” added Lothenbach. “In 2005, we purchased the first six-color, 81” Rapida 205 press in North America. Since then we have added several additional KBA presses to maintain the quality level and provide us with the best possible performance from our litho department. Its commitment to our market and sheet size requirements is what sets KBA apart from its competition.”
To accommodate the additional space required to install more production equipment including the new KBA press, Imagine! Express purchased an 80,000-square-foot facility next door to its current location near downtown Minneapolis. “This name change, and more importantly this major investment we are making, will provide local clients, which made Imagine! what it is today, a company focused on service and quality, driven by technology. In addition, we would like to see Imagine! Express locations throughout the country, helping support our major clients in their local markets. This is the beginning of that vision,” concluded Lothenbach.
NYT hands down more layoffs after buyouts fall short
The New York Times will lay off at least 21 employees this week following its acceptance of buyout applications from about 90 staffers. The number of layoffs will exceed the 100 planned newsroom cuts the publisher announced in October.
“We are coming to the end of a painful period for the newsroom,” Executive Editor Dean Baquet said in memo to staff Tuesday. “Today is the final day for people to rescind their buyout applications. We did not make the number we needed to deal with our newsroom budget cuts. So we are turning to a limited number of layoffs. This process will end this week. We will be saying farewell to close and valued colleagues, which is difficult for all of us.”
Some 57 union and 30 non-union employees applied for buyouts, according to the Newspaper Guild of New York, which represents NYT newsroom employees.
Those being laid off will be notified Tuesday and Wednesday.
A. H. Belo Corporation Announces Sale of the Former South Plant Taxes
A. H. Belo Corporation Announces Sale of the Former South Plant
A. H. Belo Corporation (NYSE:AHC) announced today that the Company closed on the sale of its former South Plant facility. Net proceeds were $6.7 million and the Company will record a gain on this sale in the fourth quarter of approximately $1.9 million.
The Company also determined it will make a $20 million voluntary payment to its pension plans prior to the end of 2014. This contribution will serve to continue to improve the unfunded position of the pension plans as well as to reduce the Company’s 2014 cash taxes, as pension contributions are tax deductible.
In other efforts to de-risk the pension plans, in the fourth quarter the Company completed a second lump sum payment offer to certain pension plan participants. A total of 721 participants accepted this lump sum offer which is expected to reduce the pension benefit obligation by approximately $70 million. The Company estimates it will record approximately $7.6 million of additional non-cash pension expense in the fourth quarter due to the recognition of prior year actuarial losses associated with the liquidated pension obligations. The pension plans will pay approximately $55 million to those participants accepting the lump sum offer. As a result of both of these actions, the Company does not expect to make any required pension contributions in 2015.
Based on current projections, including the sale of the South Plant and the voluntary pension contribution, the Company expects to pay approximately $6 to $8 million in federal and state cash taxes for 2014. The estimated payments will be made in December 2014.
A. H. Belo Corporation (NYSE:AHC) is a leading local news and information publishingcompany with commercial printing, distribution and direct mail capabilities, as well as businesses with expertise in emerging media and digital marketing. With a continued focus on extending our media platform, we are able to deliver news and information in innovative ways to new audiences with diverse interests and lifestyles
111-Year-Old McQuiddy Printing in Nashville, TN, Closes, Assets Are Sold to Geographics of Atlanta
McQuiddy Printing was started by J.C. McQuiddy in 1903 and remained a family-owned firm for three more generations until it was sold to Master Graphics in 1988. Nationwide assumed management of McQuiddy in 2001 after Master Graphics filed for bankruptcy, The Tennessean reported.The last family members involved in the business, David and Webb McQuiddy, left the company earlier this year, the paper said.
Houston-based Nationwide Argosy now consists of six companies: Franklin Dodd Communications of Hialeah, FL; Jones Co. of Chattanooga, TN; Offset Atlanta; Page International Communications of Houston; and The Whitley Group of Austin, TX.
Up2speed Printing Installs a Six-Color Mitsubishi 3000R Convertible Perfecting Press to Facilitate Growth
Manroland Sheetfed Evolution Event Provided Stage to Unveil the Roland 700 HiPrint Press
The new Roland 700 HiPrint offers many new developments and improvements. Production quality, user efficiency and energy efficiency are paramount. For example, the new suction belts in the delivery increase the stacking quality at even higher speeds and use a third less suction power.
990 hours of additional production capacity per year soon become reality for a customer in Singapore. The simultaneous plate loading makes it possible. With the new Roland 708P HiPrint with SPL technology, this customer can drastically improve its production efficiency in the commercial printing market.
The InlineFoiler offers numerous ways to implement enhancement and design possibilities. More than 100 customers worldwide use the application of cold foil which makes the InlineFoiler the true market leader.
The new indexing function is more cost efficient. The indexing unit stops the cold foil where it’s not needed, for example at the cylinder gap or at the end of the application format. With this technology, material savings between 19 percent and 60 percent per job are possible. A number of customers already use this technology successfully in their everyday operation.
Another technology to save on makeready time and waste is the InlineColorPilot with in-line register. The fully automated measurement and regulation supports the operator during the makeready and production. This leads to reduced waste sheets and the early achievement of the first good sheet. During production, the InlineColorPilot automatically controls the color and logs the production. This technology is available in both straight ahead and perfecting modes.
The UV printing process is even more efficient with the LEC UV curing technology. In contrast to classic UV curing, the LEC-UV system significantly reduced costs for investment and during production. The system is based on the combination of specially doped lamps where the wavelength is adapted to a highly reactive ink. Thus the process uses less energy and reduces production costs. As part of our future proof concept, the LEC system can also be retrofitted at a later stage, if market requirements change.
The Roland InlineInspector 2.0 ensures accurate fault detection by 100 percent monitoring of each sheet. With its intuitive and user-friendly operation, InlineInspector 2.0 is set up in no time. At full speed, the system detects hickeys, scratches, streaks, substrate defects and other faults and helps the operator to react quickly. The result—fewer mistakes, less waste and greater customer satisfaction.
A new inkjet system at the feedboard of the Roland 700 HiPrint offers the possibility to personalize each sheet. With a serial number printed on the sheet, it can be identified and tracked in the subsequent production process. And that’s just one of the versatile possibilities to integrate digital printing systems in an offset printing press.
Government Printing Office Changes Name to Government Publishing Office to Reflect Its Print and Digital Services
“This is a historic day for GPO. Publishing defines a broad range of services that includes print, digital, and future technological advancements,” said Davita Vance-Cooks, who now holds the title of Director of the Government Publishing Office, the agency’s CEO. “The name Government Publishing Office better reflects the services that GPO currently provides and will provide in the future. I appreciate the efforts of the Members of Congress for their support and understanding GPO’s transformation. GPO will continue to meet the information needs of Congress, Federal agencies, and the public and carry out our mission of Keeping America Informed.”
GPO opened its doors on March 4, 1861, the same day Abraham Lincoln was sworn into office as President of the United States. Since that day, GPO employees have produced our country’s most important documents such as the preliminary version of the Emancipation Proclamation, The Warren Commission Report, The 9-11 Commission Report, the U.S. passport, the Federal Budget, and all Congressional materials.