SGP Call for Nominations for Sustainability Champions

Lakeside Book Company and ALJ Regional Holdings, Inc. jointly announced that they have entered into a definitive agreement for Lakeside's acquisition of all of the issued and outstanding shares of common stock of ALJ's wholly-owned subsidiary Phoenix Color Corp. ("Phoenix"). Headquartered in Hagerstown, Maryland, Phoenix is a specialty printer of book components, children's books, and other print-related products with printing facilities in Indiana and Maryland. The transaction is expected to close during the second calendar quarter of 2022, subject to customary closing conditions and regulatory and stockholder approvals. "We know Phoenix well as a recognized leader in book components. Adding their team's capabilities to Lakeside's service offerings will enable our publishing customers to conveniently manage book and cover printing in one place," said Dave McCree, Lakeside's Chief Executive Officer. "We are always looking for ways to make the printing supply chain more efficient for publishers and this transaction would be a significant step in that direction."

Quantum Group, a trusted expert in direct marketing and business communications services has made a major investment in marketing on demand with the purchase of a Landa S10P Nanographic Printing Press. The press, which complements Quantum’s extensive line of digital and offset equipment, will be installed by the end of the year and will enable Quantum to meet increased customer demand. The company, supporting customers in industries such as pharmaceuticals, healthcare, retail, insurance, and more, is seeing a 5-fold growth in personalized mailings since 2018. Along with the equipment investment, Quantum increased its manufacturing footprint by 50% to support this exponential growth. “We are excited to add the Landa S10P to our production fleet,” said Cheryl Kahanec, Quantum Group’s, Chief Executive Officer. “Our customers will be able to more effectively and efficiently communicate to their audiences. With the format size, substrate range, speed and quality, the Landa will expand our current offset and digital platform to ensure successful execution of timely and targeted projects. We look forward to empowering our clients with efficiency, flexibility and quality all while offering increased personalization and decreased speed to market.”

The Philadelphia Inquirer is selling its printing plant, an economic move that will cost an estimated 500 staffers their jobs, the newspaper reported. The newspaper will move production to a New Jersey plant, a union shop owned by Gannett, as it gears up to sell the Schuylkill Printing Plant by year’s end. At present, the Inquirer is in negotiations to unload the 45-acre property, opened in 1992. The buyer and any financial terms were not disclosed. She added many have been with The Philadelphia Inquirer for decades. Almost all of the plant staffers — 500 out of 550 — will be laid off. Two newspapers are published there, The Philadelphia Inquirer and the Philadelphia Daily News, owned by the same parent company, The Philadelphia Foundation.