Gannett to buy New Jersey’s the Bergen Record

Gannett is getting ready to add to its stable of New Jersey papers by snapping up The Record and some weekly papers now owned by the North Jersey Media Group, sources tell Media Ink.

The news sent a jolt through the Record newsroom. Beleaguered staffers, who have survived recent rounds of belt-tightening without getting a raise in years, were stunned.

Many were said to be standing around in small groups talking after broke the news of the impending sale Thursday.

The 121-year-old paper — long known as the Bergen Record — is the second-largest daily paper in the state behind the Star-Ledger in Newark, which is owned by the Newhouse family.

Gannett, the nation’s No. 1 newspaper publisher, owns the Asbury Park Press and five other New Jersey papers. The Record has played a major role in setting the news agenda in New Jersey and beyond.

It was the first to reveal the political motivation behind the George Washington Bridge lane closures that snarled traffic in Fort Lee, NJ, for days in September 2013. The “Bridgegate” scandal helped to derail the 2016 presidential ambitions of New Jersey Gov. Chris Christie.

The Record was purchased by the Borg family in 1930. Malcolm Borg is chairman, while son Stephen Borg — leader of the fourth generation of the family in control of the paper — runs the operation as publisher.

The financial terms couldn’t be learned, although the properties are said to be modestly profitable.

ePac to Add 3 HP Indigo 20000s to Enhance Digital Flexible Packaging

HP2000 HP Inc. announced that ePac LLC, an Emerald Packaging joint venture based in Madison, Wis., has agreed to purchase three additional HP Indigo 20000 digital presses to enhance capacity in line with demand and expand operations in North America. The company is also leveraging a next-generation end-to-end digital workflow platform to streamline production and offer a highly automated customer experience.

“Built on a value proposition of high quality, quick turn-around and economical short runs, the market response to ePac has been tremendous,” says Virag Patel, COO, ePac. “Since we first announced ePac in February of this year, we’ve seen a growing stream of interest in ePac. Aside from our short-run, quick-turn capability, the fact that we are a full-service supplier providing design, pre-media, digital printing, laminating and pouch making services also resonates with our customers.”

Expanding on the company’s fast-to-market business model, the HP Indigo 20000 digital press offers proven quality to meet strict brand requirements, print-on-demand and variable data for unique, customized packaging content for consumer packaged goods companies (CPGs). The HP Indigo 20000, combined with HP PrintOS and ePac’s down-stream finishing systems, enables ePac to produce high-quality multi-format pouches and laminated roll stock.

“With our entire business engineered around a digital platform, ePac is responding to CPG market needs and developing market-specific packaging on demand with HP Indigo 20000 Digital Presses,” relays Jack Knott, CEO, ePac. “With HP Indigo technology and support as our digital ally, we’re confident in delivering the highest quality products to our rapidly growing customer base.”