Color Ink Invests in Cutting-Edge Technology to Enhance Packaging Capabilities (piworld.com)

Phoenix Color, a wholly-owned subsidiary of ALJ Regional Holdings, announced that it has entered into an asset purchase agreement to acquire the assets of Moore-Langen Printing in Terre Haute, Ind., from LSC Communications. ALJ and Phoenix expect to finance the acquisition by amending ALJ's existing term loan with Cerberus Business Finance, selling an aggregate of $1.5 million of ALJ common stock in a private offering to two investors who are unaffiliated with ALJ, and using $1.0 million in proceeds received from the recent stock option exercise by Jess Ravich, executive chairman of ALJ. Click Read More below for additional detail.

Today at ISA Sign Expo, HP Inc. announced the HP Latex R Series, the first, true hybrid latex technology that merges HP’s renowned flexible printing capabilities into rigid printing. The HP Latex R Series brings the most vibrant colors1 into the rigid printing world, and pioneers white ink capabilities with the introduction of HP Latex White Ink. The HP Latex R series brings unparalleled speed and quality to a wide range of rigid materials, such as foamboards, foam PVC, cardboard, fluted polypropylene, solid plastics, aluminum, wood and glass among others. Unlike UV printing technology, which creates a thick layer of ink that completely covers the material, HP’s water-based Latex Inks preserve the look and feel of the media, and delivers odorless prints that are both safe for the environment and the printer operator.

2021 Third Quarter Results - Revenues increased by $34.2 million, or 5.8%, from $587.4 million in the third quarter of 2020 to $621.6 million in the corresponding period of 2021. Operating earnings decreased by $25.1 million, or 33.3%, from $75.3 million in the third quarter of 2020 to $50.2 million in the third quarter of 2021. Net earnings attributable to shareholders of the Corporation decreased by $20.2 million, from $48.3 million in the third quarter of 2020 to $28.1 million in the third quarter of 2021.