Printer News

A printing business that's been in operation in Englewood Cliffs for 90 years plans to close this year, citing a stagnant economy and faltering industry chipping away at profits for more than a decade.

Handford Brown Co. Inc. has been running since Jay Handford Brown founded the money envelope and stationery manufacturing plant in 1923.

But now William MacPhail, the grandson of Brown's wife who has been running the company since 1960, plans to stop its machines by the end of the year, not only because of his age—he is 77—but because of changing technology and the challenging economic climate.

Chicago-based printing giant RR Donnelley will close its printing facility at W6545 Quality Drive in Greenville before the end of April.

The company said in a WARN notice filed with the state Department of Workforce Development last week that the move will affect 47 jobs.

Sussex, Wisconsin-based Quad/Graphics Inc. has completed its acquisition of substantially all of the assets of Vertis Holdings Inc., for a net purchase price of $170 million.

Headquartered in Lake Success, N.Y., Canon announced the resolution of a patent infringement dispute with Zinyaw LLC d/b/a TonerPirate.com ("TonerPirate") in the U.S. District Court for the Southern District of New York.

Dover, New Hampshire-based Relyco, a leading provider of value-added business printing and payment solutions, closed out a very successful 2012 with substantial sales and customer growth.

More than 200 people will soon be out of a job in Dubuque. Quad/Graphics announced Wednesday they are closing its Dubuque plant and permanently laying off all of its employees by early March.

City officials say this announcement isn’t a huge shock. The plant has changed hands several times since it first came to Dubuque in 1949 (Quad Graphics has only operated the facility since 2010). Changes in the printing industry, such as a move toward digital mediums, have resulted in struggles both for the industry and the company.

Stamford, Connecticut-based Pitney Bowes Inc. announced a new collaboration with PageTech, a leader in PCL (Printer Control Language) print stream conversion software, for the Volly secure digital delivery service.

Lake Success, New York-based Canon U.S.A. Inc., a leader in digital imaging solutions, announced several senior executive appointments and promotions to start the new year.

Chicago-based RR Donnelley & Sons Company announced that Daniel L. Knotts has been named chief operating officer, succeeding John R. Paloian who is retiring after more than 25 years in the industry and having served for more than five years as the company's COO.

Cenveo is the third largest commercial printer in the United States. Despite its position, Cenveo is in a declining market. That fact has shares trading at price-to-earnings multiples of under 10. Shares now look like a value play as earnings are expected to rise in 2013.