LSC Auction Delayed Until September 9 (publishersweekly.com)

The Quantum Group, a trusted expert in direct marketing and business communications services, is continuing its investment in innovative new technologies to better serve its customer base with the purchase of a Canon ProStream 1800 inkjet web press. The addition of the ProStream adds to Quantum Group’s extensive line of digital and offset printing equipment. Cheryl Kahanec, CEO of Quantum Group, said, “Our client’s printing and mailing programs have become more complex. Today’s campaigns feature vivid imagery, dynamic content and higher degrees of variability printed on unique formats and substrates. The ProStream sets a new benchmark for inkjet quality, with a color gamut beyond offset standards. “As a forward-thinking company, we continuously evaluate the benefits of the latest technologies with a view to not only enhance our current services, but also to deliver something new and unique,” explained Kahanec. “We quickly realized that Canon’s solution offers just that and could take our digital printing services to the next level.”

Second Quarter Financial Highlights and Recent Events • Total revenue increased by 14.6% to $71.7 million, from $62.5 million in the second quarter of 2022. • Envelope segment revenue up 7.3% to $49.3 million, from $45.9 million in the prior year. • Packaging and specialty products segment revenue of $22.4 million, up 34.7% from $16.6 million last year. • Net earnings were $2.1 million, compared to $7.4 million last year. • Acquisition on May 8, 2023 of Graf-Pak Inc. (“Graf-Pak”), a provider of folding carton packaging solutions located in the province of Quebec.

Quad/Graphics announced the production of ELLE’s first-ever personalized cover for select subscribers using Quad’s data-driven technology. 50,000 covers feature a “handwritten” note addressed to the subscriber, from the April cover star Kim Kardashian West. “While this campaign was focused on engagement and the reader-experience, the future potential of digital technology is compelling as it provides both publishers and marketers the ability to leverage their data to create personalized messages, images and offers in print advertising,” said Brian Hickey, Senior Vice President of Sales. “Quad’s capabilities create the opportunity for brand marketers to partner with publishers by leveraging their data into dynamic, highly personalized ad pages within magazines.” Click Read More below for additional information.