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  • The Ticker

    Kickback charges for Note Printing, C2 Reprograpics, Ryobi 3404 DIs on auction block, assets of Chicago P-O-P for sale,U.S. Olympic Committee missteps, Chicago Sun-Times Media Group, Oberthur Technologies, Walker Printing, Gerber Scientific, GPO, funds for digitizing medical records, HP, Reinhard Mohn dies and today's quote.

    -- Graphic Arts Online, October 5, 2009

    Kickback charges for Note Printing, C2 Reprograpics, Ryobi 3404 DIs on auction block, assets of Chicago P-O-P for sale,U.S. Olympic Committee missteps, Chicago Sun-Times Media Group, Oberthur Technologies, Walker Printing, Gerber Scientific, GPO, funds for digitizing medical records, HP, Reinhard Mohn dies and today's quote.
     
    Kickback charges arise at Reserve Bank of Australia's Note Printing Australia Ltd. printing unit, producer of the durable polymer currency with Securency Int'l. Pty Ltd., a joint venture between the bank and Innovia Films.
    San Diego printing company Universal Reprographics and its Color World and on-site subsidiaries have been acquired by Costa Mesa, CA-based C2 Reprographics. For more>>

    Bidding continues for five brand new Ryobi 3404DI direct imaging offset presses, which moved to the auction block late last week. For more>>

     Assets of Chicago P-O-P Corp. (the former Chicago Corrugated Box) go on sale Oct. 15, excluded are cash, receivables, credits and select leases from CitiCapital, All Points (RCA Capital) and American Capital.

    Critics say U.S. Olympic Committee missteps quickened dismissal of Chicago's bid for the 2016 Olympics. U.S.O.C. is headed by acting CEO Stephanie Streeter (former Banta chief) and chair Larry Probst (Electronic Arts CEO).

    Chicago Sun-Times Media Group will learn today if there are competitive offers to Jim Tyree's $26.5 million bid for the bankrupt newspaper. Union members are negotiating givebacks at the 15th largest U.S. daily.

    Smart card and security printing systems integrator Oberthur Technologies wins security product of the year award for a card with authentication, digital signature, fingerprint on-card comparison and encryption. For more>>
    Heidelberg says Walker Printing, Montgomery, AL, replaced three presses—a 28-inch Speedmaster 74, QM 46-2, and a direct imaging offset press with a 20-inch Speedmaster 52. For more>>
    Gerber Scientific, wide format printing systems manufacturer, says it completed the sale of its Canadian distributor ND Graphics to a management group. For more>>  
    Government Printing Office, Congress's official printer, wins accolades for its FEDSys program ; and is congratulated by the Speaker of the House  for moving the daily Congressional Record to 100% recycled paper. For more>>
    Printing firms may be able to claim some of the $18 billion being funneled by Congress for conversion of stacks of paper medical records to electronic formats. Governing bodies are trying to set file format standards. For more>>
    HP named Christopher Morgan senior VP of its graphics solutions global business unit within company's Imaging and Printing Group. For more>>
    Died: Bertelsmann AG publishing scion Reinhard Mohn, 88, who for half a century lead the Gutersloh, Germany firm from post-WWII rebuilding to global powerhouse.U.S. operations include Gruner+Jahr (Brown Printing) and Random House.
    Today's Quote: "We would accomplish many more things if we did not think of them as impossible."-- Vince Lombardi

     
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