NEWS ANCHOR

6
INDUSTRYNEWS
PEOPLE, EVENTS AND INSTALLATIONS
Nova Scotia Printer Makes
$10 MILLION Investment
Advocate Printing & Publishing, Atlantic
Canada’s largest independent printer, has
made a $10 million investment to its
printing operation in Pictou, Nova
Scotia including the purchase of a Goss
M600 heatset commercial press, the
largest single purchase in the company’s
115-year history.
“This investment means that
Advocate’s Pictou plant will be the most
modern and advanced heatset printing
facility in eastern Canada and allows us
to expand our business in the Maritimes
but also right across the country and into
the US.” said Sean Murray, CEO. The
new press, suited to publication and
other commercial print work, is
expected to increase the company’s
capacity by 300 percent, .
It’s expected that once the press is up
and running it will create 30 new jobs for
the Pictou location. “As a long-standing
anchor business for Pictou County, this
company continues to provide
CALENDAR
ON DEMAND 2006
May 16-18
Pennsylvania Convention Center
Philadelphia, PA
www.ondemandexpo.com
CPIA CONFERENCE
September 14-16
Sutton Place Hotel
Vancouver, BC
www.cpia-aci.ca
GRAPH EXPO
October 15-18
McCormick Place
Chicago, IL
www.gasc.org
Sean Murray, CEO Advocate
Printing & Publishing
leadership for other organizations in our
region,” said Jim McConnell, chair of the
Pictou County Regional Development
Corporation. “We are very proud of
Advocate’s growth, commitment to our
County, and their example of a company
doing business here and competing in a
global market.”
Advocate expects to begin installation
of the new press by August.of this year.
“The M600 will give us a competitive
edge in the marketplace,” said Murray,
“but it is also a great investment for our
clients, our employees, our suppliers and
our community.”
MAN Roland
Spin-off
The MAN Group,
parent company of
MAN Roland, has
announced a joint
venture with the Allianz Group to
purchase MAN Roland and run it as an
independent entity.
Allianz Capital Partners will control
65% of the JV with MAN retaining
35%. “I feel proud and enthusiastic
about this new development,” said
Gerd Finkbeiner, MAN Roland CEO at
IPEX. The plan is to make the business
fit for public listing in 3 to 5 years.
“The company must be able to show
the market that it can grow over this
time period,” said Finkbeiner.
Gerd Finkbeiner, CEO of MAN Roland
PELADEAU
Steps Aside
After two years as president and
CEO of Quebecor World, Pierre
Karl Péladeau is moving over to
run the family’s media division and
handing the print job to American
Wes Lucas, the former chairman,
president and CEO of top ink
supplier Sun Chemical Corp.
During Péladeau’s tenure
Quebecor World launched a
company-wide retooling plan and
carried out aggressive streamlining
of operations including the sell-off
of its commercial sheetfed printing
Wes Lucas, appointed
CEO of Quebecor World
Pierre Karl Péladeau,
CEO of Quebecor Media
division. Last year Quebecor World
reported revenues of US$6.3 billion
and posted a loss of US$149
million.
Lucas, a Harvard Business
School graduate, joined Sun
Chemical in August 2001 with a
previous background with global
industrial chemical operations.
This will be his first printing
company experience. He’s slated to
begin at Quebecor World May 11.
Peladeau moves over to become
chief executive of Quebecor Media
(cable, newspaper and magazine
publishing, Internet and television)
and also remains chairman and
CEO of parent holding company
Quebecor Inc.
www.canadianprinter.com APRIL/MAY, 2006