Dave Leskusky Named President of NAPCO
PHILADELPHIA—December 2, 2013 —U.S.-based North American Publishing Co. (NAPCO) has announced the appointment of David Leskusky as its president. He succeeds President Ned Borowsky, who becomes vice chairman of NAPCO alongside his father, Chairman and Founder Irvin J. Borowsky. In his new role, Leskusky will assume all day-to-day operations and report directly to Ned Borowsky.
NAPCO is a leading business-to-business media company serving a variety of market sectors with more than 20 brands, including Printing Impressions, Target Marketing, Dealerscope, Promo Marketing and Publishing Executive.
"I am honored to have the opportunity to now lead this exceptional organization and succeed Ned, who guided us brilliantly through this recent period of evolution,” Leskusky said of his new appointment. “I see a bright future ahead for NAPCO—especially in events and video— and those will be my top priorities."
Leskusky, 41, who joined NAPCO in 1995, most recently served as group president of NAPCO’s Promo Marketing Group, among other senior-level positions within the organization during the past several years. In his various roles within the company, Leskusky’s innovative marketing and product development abilities, combined with astute P&L management, have helped NAPCO navigate a rapidly changing media landscape.
“This transition will ensure NAPCO’s mission of continued growth and independence,” said Ned Borowsky. “Dave will lead NAPCO’s transformation into a marketing services powerhouse that is not dependent on magazine revenue, but rather on monetizing every channel where our audience consumes content. Serving NAPCO for the last 30 years has been an honor beyond words and, God willing, I plan to serve as Vice Chairman for the next 30 years.”
About North American Publishing Co.
NAPCO is a leading b-to-b media company providing essential content and marketing services to the various markets it serves. Capitalizing on the strength of its content and audience, NAPCO is uniquely positioned to offer its clients comprehensive, multiple media solutions tailored to meet their individual needs. Its diverse products and services include magazines, online products, research, direct marketing services, education and training, events and conferences, custom publishing and video services.
Imagine Print Solutions and Classic Graphics Merge
CHARLOTTE, NC—December 2, 2013—Two of the most respected names in graphic solutions are joining forces. Imagine Print Solutions and Classic Graphics have merged, creating one of the largest privately owned commercial printing companies in the nation.
Financial terms of the transaction were not revealed. Sales figures for 2013 for the combined companies will approach $280 million.
Bob Lothenbach, president and founder of Imagine Print Solutions, was enthusiastic about the announcement. “The cultures and visions of our two companies are virtually identical,” he said. “We share a philosophy of providing highly responsive and flexible service to our clients, a passion for print and a belief in team work.” He continued, “Uniting the two companies creates a stronger entity. Blending the strengths and location of our company with those of Classic creates an optimal service and distribution model and leverages manufacturing and purchasing power for more competitive offerings to clients. Most important, clients of both companies will be served by one of the strongest graphics companies in the nation.”
In an industry dominated by announcements of closings and reduced expectation, Imagine Print Solutions and Classic have been committed to growth by listening to their customers and responding. “This is a logical move," said David Pitts, president of Classic Graphics. Classic has enjoyed tremendous growth over our 30-year history. Combining the two companies provides clients access to wider and more sophisticated service offerings. Our employees will form a talented team who will drive innovation in our industry.” Imagine will keep the Classic brand intact and Pitts will remain as president of Classic in the combined company.
New Direction Partners represented the shareholders of Classic in this transaction.
About Imagine Print Solutions
Headquartered in Minneapolis, MN, Imagine Print Solutions is an award-winning, privately held, full-service graphic solutions company, founded in 1988 by Bob Lothenbach. It is one of the most amazing success stories in the graphics industry. Known for its commitment to the client perspective, technological capabilities and cutting-edge graphics expertise, Imagine serves the top national and international brands. The company is currently ranked 32 in Printing Impressions magazine’s 400, a list of the leading printing companies in the United States and Canada.
About Classic Graphics
Headquartered in Charlotte, NC, Classic Graphics is an award-winning, privately held, full-service graphic communications company, founded in 1983 by David Pitts and Bill Gardner. Also known for exemplary client service, cutting-edge technological capabilities and cutting-edge graphics expertise, Classic Graphics serves national and international corporations. Classic is currently ranked 95 in Printing Impressions magazine’s 400, a list of the leading printing companies in the United States and Canada.
Source: Classic Graphics.
WS Packaging Installs Two HP Indigo WS6600 Presses
GREEN BAY, WI—December 4, 2013—WS Packaging Group has expanded its digital printing capabilities across its nationwide network of 21 printing facilities with the recent installation of two new HP Indigo WS6600 presses. The new presses were installed at the Algoma, WI, and Fullerton, CA, facilities.
“Advances in the speed, size and overall production capabilities offered by digital printing technologies continually improves our ability to expand the range of customer applications we’re able to pursue using digital,” said Rex Lane, CEO of WS Packaging Group. “Combining these technology improvements with the process management tools of our IMPACT Business System, we’ve enhanced our ability to provide better turnaround times, decrease waste, and expand our flexibility to deliver customer solutions with product quality that defines and differentiates the brand identity of the customers we serve.”
In addition to the new digital press in Fullerton, the company has realigned its West Coast operations by adding digital capacity at its facility in San Luis Obispo, CA. The realignment consolidates production from the WS Packaging Group facility in Portland, OR, to both Fullerton and San Luis Obispo. New post-digital finishing equipment at the San Luis Obispo plant will further support overall digital initiatives to meet the growing needs of wine producers, as well as other consumer product markets, that require packaging enhancements with special visual effects.
WS Packaging Group, with more than 45 years of experience, is one of the largest printing and label converting operations in North America. It operates 21 manufacturing facilities and produces high-quality packaging products. Its customers range in size from small businesses to large, high-volume manufacturers and consumer product goods companies doing business locally, nationally, and in marketplaces worldwide. WS Packaging Group is majority owned by J.W. Childs Associates, L.P. (JWC), a private equity firm based in Boston investing in middle-market growth companies. Since 1995, JWC has invested in over 40 companies, with a transaction value of more than $12 billion.
Source: WS Packaging Group.
KBA-Flexotecnica and KBA-Kammann Join KBA Group
WÜRZBURG, GERMANY—December 4, 2013—Following the entry into the promising digital print market at Drupa 2012, the Koenig & Bauer Group (KBA) has strengthened its footing in the broad, growing market for packaging with the acquisition of two companies in recent months. This segment benefits from increasing levels of prosperity, consumption and the trend towards self-service markets in rapidly expanding industrial countries such as China, India, Brazil and Turkey. It is not affected by the growing popularity of online media. KBA is the longstanding market leader in printing systems for folding carton and metal packaging with its sheetfed offset facility in Radebeul near Dresden and subsidiary KBA-MetalPrint in Stuttgart.
KBA entered the expanding niche market for directly decorating luxury glass packaging and other hollow containers with the majority takeover of Kammann Maschinenbau in Bad Oeynhausen, Germany, concluded at the beginning of September. Following a long period of negotiations, the majority acquisition of Italian press manufacturer Flexotecnica based in Tavazzano near Milan was finalized in early December. This paves the way for the broadly-positioned press manufacturer into the key print market for flexible packaging (especially films). Next year the two youngest KBA subsidiaries will be renamed KBA-Kammann and KBA-Flexotecnica. Both companies have a total of some 280 employees in development and engineering, assembly, sales and service, while most of the manufacturing activities have been outsourced. Together the firms generate annual sales in the mid-double-digit million euro range.
The enterprise’s acting managing directors Matthias Graf and Dr. Christian Maaß continue to hold a 15 percent stake in the future KBA-Kammann. The company has 175 employees and is the global market leader in screen printing systems for directly decorating luxury glass containers. Along with the predominant screen-printing systems, Kammann’s flexible transport systems can also be equipped with hot-stamping, inkjet and other decorating processes. The firm recently presented its first digital solution at K, the trade show for plastics and rubber in Düsseldorf. Directly decorated glass containers are mainly used for cosmetics, perfume and spirituous beverages in the top price class. In 2012 Kammann, which was founded in 1955, generated annual sales of over €30m ($39m) and posted a net profit.
With approximately 100 employees, the future KBA-Flexotecnica develops, builds, distributes and services flexo presses for printing on flexible packaging materials. In 2012 the enterprise generated annual sales of approximately €36m ($49m) in Europe and in some overseas markets, and posted a pre-tax profit. Until now limited resources have curbed the mid-size firm’s growth. KBA-Flexotecnica’s integration into the Group’s global sales and service network will open up favorable prospects for further development. KBA took over the company from Officine Meccaniche G. Cerutti (OMGC), the previous majority stakeholder based in Casale Monferrato near Turin. However, OMGC will hold a 5 percent stake in the firm. Adriano Canette, a descendant of the founding family working in the company, remains a shareholder with 5 percent. KBA-Flexotecnica will be run by its previous managing director Claudio Bisogni. Both parties have agreed not to disclose the purchase price.
By expanding its product line-up for previously unaddressed growth markets KBA is countering the shrinking business volume in media-orientated print segments, such as magazines, catalogues and newspapers, affected by the advance of internet consumption.
The Freedonia Group Releases Packaging Study
CLEVELAND—December 4, 2013—Demand for converted flexible packaging in the United States is projected to grow 3 percent annually to $18.8 billion in 2017. The market for converted flexible packaging will benefit from the inherent advantages of light weight bags and pouches and the convenience they offer. Further market penetration will be influenced by features dedicated to enhancing the consumer experience, leading to higher retail volumes. Long term prospects for converted flexible packaging will be heightened by technology advances to enhance shelf life and protect the package from bacteria and other potential contaminants. These and other trends are presented in Converted Flexible Packaging, a new study from The Freedonia Group, a Cleveland-based industry market research firm.
Pouches, primarily of a standup construction, will offer significant growth opportunities. Analyst Joe Pryweller forecasts demand “to increase 3.6 percent per year through 2017 to $8.2 billion, with even faster growth through 2022.” Recent product launches will contribute to further growth. Pryweller also noted, “Growth in demand for pouches is also a function of economics, as the lighter weight packages can vastly reduce both production and transport costs.”
The use of bags in converted flexible packaging also will increase, albeit slower than in previous years, with projected growth of 2.6 percent per annum to $9.2 billion in 2017. The bag market is especially strong for nonfood items such as pharmaceuticals and medical products, where advancements in sealing and protection and strong handling capabilities are driving gains. The continuing conversion to plastic bags in the pet food market and the popularity of ready-to-eat and case-ready meats will trigger added growth for both bags and pouches.
Converted flexible packaging will provide strong competition to rigid packaging in food applications, where there are opportunities for further market penetration. Growth will be led by product introductions in packaged meat and poultry, snack foods, ready-to-eat produce, pet food and specialty beverages. Added features, such as easy opening and resealing, will also fuel continued conversions from rigid containers to converted flexible packaging. In nonfood applications, the health care market is especially vital due to the growth of the aging U.S. population and a focus on product protection and clean room environments. The growing popularity of pouches for single-use laundry and dishwasher detergent and the conversion to reclosable, large-format plastic bags for lawn and garden and other household items showcase the potential for pouch and bag formats.
Converted Flexible Packaging (published 11/2013, 477 pages) is available for $5,300 from The Freedonia Group. For further details or to arrange an interview with the analyst, please contact Corinne Gangloff by phone 440.684.9600 or e-mail email@example.com.
Sun Chemical Introduces New Dispenser Program
PARSIPPANY, NJ—December 4, 2013—Narrow web tag and label printers that use water-based flexo inks can now decrease their overall bottom-line operating expenses in ink volume and ink costs by up to 25 percent with the new Sun Chemical Water-Based Flexo Dispenser Program.
The newest version of Sun Chemical’s highly successful Dispenser Program for commercial and NWTL printers, allows NWTL printers to mix exactly the amount of water-based flexo inks that they need, reduce their inventory and waste, improve color-matching consistency, and significantly decrease total operating costs.
The water-based flexo dispenser is unique in that it can make process, blending bases and spot colors all from the same machine. Color concentrates and technology extenders can be dispensed to make inks for more than one application, providing printers the flexibility to control color density and compensate for various anilox configurations.
“In the narrow web market, printers are looking for versatility—the ability to make process, spot and blending bases all on the same dispenser,” said Brian Breidigan, vice president, product manager commercial, North American inks, Sun Chemical. “Our water-based dispenser program does that and more. The dispenser brings a small footprint to the pressroom, and customers can participate in the program at no risk or additional cost for upkeep. More importantly, it can save printers a significant amount of money by reducing inventory and waste.”
NWTL printers that participate in the program will receive a dispensing unit along with color repeatability and accuracy with 0.5 gram accuracy of all process, spot and blending base colors. The dispensing unit is provided to the printer at no cost through a minimum annual purchase of Sun Chemical products.
About Sun Chemical
Sun Chemical, a member of the DIC group, is the world's largest producer of printing inks and pigments and a leading provider of materials to packaging, publication, coatings, plastics, cosmetics, and other industrial markets. With annual sales of more than $3.5 billion, Sun Chemical has over 8,000 employees supporting customers around the world.
Sun Chemical Corporation is a subsidiary of Sun Chemical Group Coöperatief U.A., the Netherlands, and is headquartered in Parsippany, NJ.
Source: Sun Chemical.