Intertainment Media completes sale of Magnum Printing

Intertainment Media has announced the final closing sale of assets of Magnum Fine Commercial Printing limited to 1337478 Ontario Inc., an entity controlled by Media-Vision— a company that specializes in print, web, direct mail, displays and packaging, and premium and incentives work.

The sale transaction closed on Sept. 2 and all Magnum printing assets and employees have been transferred to Media-Visions’ head office on Passmore Ave. where production is located, Media-Vision CEO John Popovski said. >> continued

Rhino and R.P. Graphics form strategic alliance

R.P. Graphics and Rhino Print Solutions have entered into strategic alliance, the two companies announced Monday. There's two components to the deal: R.P. will buy Rhino's Toronto location, and also establish an alliance with Rhino's locations in Vancouver and Calgary—which are not included in the purchase—to provide printing services to national accounts. The goal is to provide coast-to-coast distribute and print model. 


(left to right) David Allan, George Mazzaferro >> continued

Onwards and upwards for Prodigy Graphics

Prodigy Graphics has donated $12,000 to Evangel Hall Mission (EHM) a charity group that helps homeless individuals get off the streets. The president of the trade shop, Gordon McCauley, presented the money to EHM on July 29.


(left to right) Bob Price, Drop-In Manager EHM; Gordon McCauley, President Prodigy Graphics; Joseph Taylor, Executive Director EHM; Jo Ann Hislop, Director of Programs EHM. >> continued

Color-Logic appoints Canadian sales representative

Color-Logic—developer of the process metallic colour system— has named former AGFA and Ernest Green & Sons employee Parker MacDonald as its sales representative for Ontario, Quebec, and the Maritime Provinces. >> continued

Shipments on the rise for 2014

There's a big jump in shipments this period but the news is a little too good to be true as sales in most of the country remain flat. The big difference accounting for the jump is that Stats Canada is now tracking Alberta shipments again, after an extended absence.

Shipments (in millions)	2014	2013	% Change
February	$592.8	$547.4	8.3
March	650.4	592.5	9.7
April	652.7	623.0	4.7
May	665.6	627.5	6.0

Year-to-date shipping numbers for 2014 are $3.15 billion. That's a 7.7% jump from the $2.93 posted for the same period in 2013. >> continued

Let's get the industry talking on #IPD14

In an effort to get people talking about the world of print, Print Media Centre has launched International Print Day. On Oct. 8, web-savvy members of the global print community are encouraged to share information about print and integrated marketing on social media using the hashtag #IPD14.
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Third quarter brings greater profitability for Transcontinental

Transcontinental is posting higher profitability in the third quarter. As revenues increased by 1.9% in the third quarter to $500.0 million from $490.7 million at the same time last year, its net earnings rose to $44.2 million from $30.1 million.

The improvements are mostly due to the company’s recent acquisitions: Capri Packaging and Sun Media Corporations’ weekly newspapers in Quebec, as well as new agreements in two operating sectors. However, the company quoted a softer advertising market, which affected revenue growth.

Adjusted earnings rose 11% to $58.3 million from $52.5 million due to the contribution from acquisitions, new printing and distribution agreements, and company-wide optimization of its cost structure and its printing platform. >> continued

BL Litho's demise and rise

B.L. Litho, a sheetfed commercial print shop with a history going back decades, filed for bankruptcy on September 5, only to have the company bought and relaunched a few days later, PrintCAN has learned. 

New owner Stephane Marcil said B.L. Litho ran into  financial difficulty and was forced to shutter its doors and lay off its 45 employees. Marcil, whose brother-in-law works at B.L. Litho, came in and bought the company in its entirety, though he hasn't yet taken possession of all the equipment. He expects that to happen in a couple of weeks. "I was at the right place at the right time," said Marcil. "I approached [former owner] Richard Beaulieu, we talked and established a good relationship." >> continued

C.J. Graphics hosts cancer fundraiser

C.J. Graphics Inc, CEO and president Jay Mandarino hosted a fundraiser at C.J. Skateboard Park and School, his non-for-profit organization— along with CIBC and Ontario Parents Advocating for Children with Cancer (OPACC).

CEO Jay Mandarino takes part in the festivities. Photo by Ian Kelso, Etobicoke Guardian >> continued

R.R. Donnelley eyes printed electronics market

Printing giant R.R. Donnelley & Sons is facing the necessity of re-engineering its business in the face of stalling print revenues. Its plan is to take on the market for printed electronic components and reduce its dependency on traditional. The Wall Street Journal recently took an in-depth look at the changing business model of this 150-year old company’s. Donnelley operates nine plants in Canada. Read it all at the source.  >> continued