Fred Daubert Joins San Antonio's Universal Bookbindery
Universal Bookbindery, Inc., located in San Antonio, Texas, has announced that Fred Daubert has joined the company as vice president. His primary responsibilities will include both sales and general operations.
Fred Daubert comes to Universal with an extensive background in bindery and commercial print. His prior experience includes 19 years with The Riverside Group, a trade bindery located in Rochester, NY where he served in many roles including President. Daubert also worked for several commercial printing companies in the North East in various production and sales roles.
ColorDynamics Adds HP Indigo 10000 Digital Press
ColorDynamics has purchased an HP Indigo 10000 Digital Press, to support its growing digital print production business and expand its product offerings. The HP Indigo 10000 Digital Press will allow customers to take advantage of the new capabilities made possible by the 20x29-inch format which opens up design opportunities, not previously available by any print service provider in North Texas/Oklahoma/Arkansas. ColorDynamics' installation of the HP Indigo 10000 Digital Press builds upon their existing HP digital print capabilities.
Hewlett-Packard Plans to Break in Two
Hewlett-Packard Co. plans to break in two, separating its personal-computer and printer businesses from its corporate hardware and services operations, according to people familiar with the matter.
The company plans to announce the move as early as Monday October 6, the people said. It is expected to be effected as a tax-free distribution of shares to the company’s stockholders next year, one of the people said.
The move is one H-P and its investors and analysts have long contemplated. It would come amid a wave of breakups and spinoffs at technology companies and in the wider corporate world, underpinned by the idea that companies with a narrower focus perform better. The moves in many cases have been well-received by shareholders—if not actively sought by them.
Wall Street Journal
Western Capital Resources Enters Into Merger Agreement
OMAHA, Neb., Sept. 2, 2014 /PRNewswire/ -- Western Capital Resources, Inc. (OTCQX: WCRS) and BC Alpha Holdings II, LLC, a Delaware limited liability company owning approximately 90% of the ownership interests in AlphaGraphics, a franchise model global leader in marketing and print communications, announced today that they had entered into an Agreement and Plan of Merger and Reorganization (the "Merger Agreement") pursuant to which Western Capital will acquire the business of AlphaGraphics in exchange for its issuance, to the owners of BC Alpha Holdings II, of common stock that will aggregate to approximately 45% of the common stock of Western Capital issued and outstanding immediately after the merger. Western Capital currently operates a cash-advance business with approximately 51 locations in the midwestern United States, and a prepaid wireless phone retail business as a Cricket premium authorized dealer with approximately 58 locations.
"We are excited about the opportunity to combine with AlphaGraphics, diversify our operations and grow our revenues and our business," said Western Capital's CEO, John Quandahl.
The consummation of the merger will be subject to certain customary conditions, but is expected to close as early as September 30, 2014.
About Western Capital Resources, Inc. - Western Capital Resources, Inc., through its subsidiaries, provides retail financial services and retail cellular phones. It offers non-recourse cash advance loans (often referred to as "payday loans"), check cashing, and other money services, as well as money transfers and money orders. In addition, Western Capital Resources operates as a Cricket premium authorized dealer reselling cellular phones and accessories, and accepting service payments from Cricket customers.
About AlphaGraphics, Inc. - AlphaGraphics is a franchisor in a global network of over 260 independently owned and operated business centers, united by the single purpose of driving results for its clients through innovative and effective marketing and printing services.
Source: Western Capital Resources
Abbott Label Acquires Brandt Affixing
Dallas, August 11, 2014. Abbott Label is a leading manufacturer of stock, custom and digital labels with a long standing and continually growing national customer base of distributors and re-sellers. Brandt Affixing has long been recognized as an innovative solutions provider of affixed and integrated labels, cards, and barcode solutions.
This acquisition of long-time resource, Brandt Affixing, will provide both companies new capabilities and likely create the most convenient and competitive offering in their industries.
“We’re excited about adding Brandt Affixing to the Abbott Label family,” commented John Abbott, President of Abbott Label, on the acquisition. “Not only does this acquisition totally align with our growth strategy, the synergy is ideal, as we’ve always shared the same core values. And because of our synergy and long history of working together, the transition promises to be smooth and a true benefit for everyone.”
“This is an ideal fit for us,” comments Ed Brandt, former owner and managing partner of Brandt Affixing, “One that will ensure that our customers will continue to receive the exemplary service and highest quality that they have come to expect from Abbott Label and Brandt Affixing. We are excited to be able to expand our product offering with Abbott Label. Our specialty product line is a perfect complement to Abbott Label’s broad product line of stock, custom, and digitally printed labels.”
”It’s a ‘win-win’ for both companies, and for our customers and employees as well.” Beverly Grimley, former owner and managing partner of Brandt Affixing added. “We are excited about being part of the Abbott Label family, and are looking forward to implementing many of the LEAN manufacturing processes that have made them such a successful and well-run company.”
Abbott Label plans to move all Brandt employees, equipment and operations to Abbott Label’s facility at 10865 Sanden Drive in Dallas, Texas. Both companies adhere to a strict “trade-only” sales policy, with no direct sales to end-users. Former Brandt Affixing owners Beverly Grimley and Ed Brandt will remain with Abbott Label in managerial roles, and all Brandt Affixing employees are expected to join Abbott Label.
Source: Company Press Release