The Ticker
-- Graphic Arts Online, 2/25/2008 1:59:00 AM
Today’s Ticker: Apollo Press, KK Graphics, Adobe vs. Apple, Reed Elsevier, poor quality paper voting ballots, NPES Industry Summit, lead-tainted Chinese print and Tennessee Assn. of Craft Artists.Apollo Press, Newport News, VA installed a PB-16 paper drill from Rollem Int’l., capable of diving up to 15 heads.
KK Graphics, San Francisco, installed a rebuilt Kluge EHD Series foil stamping, embossing and diecutting press.
Print industry supplier feud: Adobe is said to be fuming over Apple’s lack of progress on a joint project. The computer maker has been slow in developing an iPhone video player compatible with Adobe Flash, utilities standard on other cell phones.
European media giant Reed Elsevier will sell Reed Business Information, the $1.8 billion global publishing operation. U.S. titles include Variety, Interior Design and Graphic Arts Monthly. It is expected to garner $2.1 billion. Separately, Reed Elsevier bought U.S.-based data services firm ChoicePoint for $4.1 billion. Reed Elsevier reported $9 billion in revenue in 2007, up 9.8%; earnings rose 49% to $2.3 billion. Reed Business accounted for 20% of the total, up 6%, with operating profit up 11%.
Poor printing and paper quality meant thousands of California’s absentee ballots in its Feb. 5 primary had to be ironed or copied before being scanned, say Contra Costa County registrars.
NPES, The Assn. for Suppliers of Printing, Publishing and Converting Technologies will launch its 2008 Industry Summit, a three and a half-day event that brings its Print Outlook economic and marketing conference and the PRIMIR Spring Meeting, March 31-April 3, at the Doubletree Metropolitan Hotel, New York, NY. For more
Firms with lead-tainted products from China struggle with disposal issues. Antioch Publishing is breaking apart notebooks made in China with lead-tainted bindings. It stores the waste in 55 gallon drums awaiting incineration.
Bill Mullins, formerly CEO of Capitol Engraving, Nashville, becomes interim executive director of The Tennessee Assn. of Craft Artists, a statewide non-profit organization with which he has volunteered for 20 years.
Notable Quote: "Could you double-check the envelope?"—Martin Scorsese, accepting an Academy Award
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