Cenveo Worldwide Ltd. is closing its Cadmus printing facility located in Richmond, Va., resulting in the layoffs of 184 print workers.
LSC Communications has voluntarily filed Chapter 11 bankruptcy, but will continue to operate with debtor-in-possession financing.
Shareholder Sententia seeks to replace the board at LSC Communications with its own directors, and wants a special shareholder meeting.
Chicago-based LSC Communications says it will close its manufacturing facilities in Strasburg, Va.; Glasgow, Ky.; and Mattoon, Ill.&nbs
Quad’s book printing business includes manufacturing operations in Kentucky, Pennsylvania and West Virginia, employing 1,350 workers.
Quad and LSC decided that the added delay, uncertainty, and legal costs would have eroded many of the expected benefits of the merger.
Quad announced that the nearly 220,000-sq.-ft. special interest publication printing operation will be closed on or about Sept. 10.
The DOJ appears very adamant about its opposition to the proposed merger of the two companies.
Quad/Graphics is acquiring LSC Communications for $1.4 billion in stock to create an $8.1 billion, publicly-held printing company.
The ITC ruling ends these imported newsprint tariffs. Funds collected to date will be reversed over a period of three to six months.
"The Postal Reform Act of 2018: Improving Postal Operations, Service, and Transparency" was introduced in the U.S. Senate yesterday as a bipartisan bill co-sponsored by senators Tom Carper (D-Del.), Jerry Moran (R-Kan.), Heidi Heitkamp (D-N.D.) and Claire McCaskill (D-Mo.). If passed, the legislation would make sweeping changes to current rules and regulations that have led, in…
Cenveo’s Chapter 11 saga includes serious allegations from a lender, resulting in a court ruling, and now two more plant closure.
Stamford, Conn.-based Cenveo reached an agreement with holders of a majority of its first-lien debt to support its reorganization plan.
The 2017 Printing Impressions 400 reveals the current state of the printing industry and print markets ripe for further consolidation.
It ends the stewardship of Publishers Press and its predecessor entities by five generations of the Simon family, dating back to 1866.