Perfect Pallets Post Press

News Updates Monday May 22, 2017.

New York Times will offer buyouts to editors

The New York Times plans to release “more information by the end of the month” about a buyout program for editors amid a much-anticipated reduction of the editing staff.

The buyout program will also be offered to some staffers across the newsroom, the effort is being led by Kahn, who will be “overhauling the critical infrastructure that welds together” the Times’ journalism and who is also “likely to make sizable cuts in the editing ranks.Times spokesperson said the newsroom has been experimenting with new ways to edit and publish stories for several months.

Mossberg Buys Foster Printing in Indiana

 Foster Printing Service is closing its doors effective May 31. The company’s assets have been acquired by Indiana printing and marketing solutions provider Mossberg & Co, which currently operates two production facilities in South Bend, Ind.

Founded by Herman Mossberg in 1930, Mossberg & Co. employs more than 140 workers and caters to several vertical market segments, including health care, retail, higher education, consumer goods and beverages. According to a statement released by Mossberg & Co., the strategic acquisition of Foster Printing’s business assets supports its long-term plans for growth in new and existing print markets, with a focus on growing sheetfed printing output. Mossberg already operates three 40˝ sheetfed offset presses, including a 12-color perfector and a six-color model capable of printing up to 30-pt. board stock, as well as digital printing gear for short-run and variable data jobs.

The company also maintains a strategic partnership with a group of fellow independent printers called the Roundtable Alliance, which enables Mossberg to offer other value-added capabilities through its partners such as six-color, full- and half-web printing with in-line finishing; mechanical design; CAD laser cutting; wide-format printing; high-speed diecutting; folding/gluing; and extra capacity for large projects or multiple geographic drop shipment requirements.

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