CJK Group Acquires Cenveo Content Services Business; Forms KnowledgeWorks Global Ltd. (piworld.com)

The Sustainable Green Printing Partnership (SGP), the leading certification authority in sustainable printing, announced today that Dscoop, known as the world’s largest and most collaborative digital print and design community, has joined the SGP community as a Resource Partner. SGP Resource Partners are non-profits, non-governmental organizations (NGOs) and educational institutions engaged in promoting, teaching or researching in the areas of graphic arts and/or sustainability. Resource Partners are subject-matter experts that assure the entire print community is empowered to advance sustainability in the printing industry supply chain. “Sustainability is important to the members of the Dscoop community and SGP is the leading authority on providing a data driven approach to achieve carbon neutrality for the print industry in North America. Together, we can create a blueprint for HP Graphics Arts users to achieve carbon neutrality and work toward drawdown for the digital print on a global basis,” said Rick Bellamy, Dscoop Executive Chairman.

Cheryl Kahanec has keenly watched the development and maturation of Benny Landa's Nanographic printing technology since 2011 — dating back to her digital printing executive leadership roles at Sandy Alexander, followed by EarthColor. Now, as CEO of the Quantum Group, Kahanec was convinced the availability of the seven-color, 41" Landa S10P digital perfecting press could be a "game-changer" for the 30-year-old commercial and direct mail printing operation that she's led the past five years. As such, in November 2022 Morton Grove, Illinois-based Quantum Group became the first printer in the Chicago area to install a Landa S10P digital offset press. It was demonstrated running four different live jobs during an open house event held March 14 that was hosted by Landa Digital Printing at Quantum for prospective Landa printer customers, both locally and from across the country.

• Revenue increased 8.5% year-over-year, driven by Small Business Services which grew 2.5% and includes the results of several small tuck-in acquisitions and from growth in Financial Services of 28.0% driven by the results of FMCG Direct and Data Support Systems, which were acquired in the fourth quarter of 2016 and RDM Corporation, which was acquired in April 2017. • Revenue from marketing solutions and other services increased 30.2% year-over-year and grew to 40.2% of total revenue in the quarter. • Gross margin was 61.2% of revenue, compared to 63.8% in the third quarter of 2016. The impact of acquisitions and increased delivery and material costs this year were only partially offset by previous price increases and continued improvements in manufacturing productivity. • Selling, general and administrative (SG&A) expense increased 2.4% from last year primarily due to additional SG&A expense from acquisitions which was partially offset by continued cost reduction initiatives in all segments. SG&A as a percent of revenue was well leveraged at 40.8% in the quarter compared to 43.2% last year. Click Read More below for additional information.