MONTREAL—Pazazz Printing last week filed a Notice of Intention to restructure the company under the Companies' Creditors Arrangement Act. President Warren Werbitt says he plans to file a proposal soon for how he plans to restructure and recapitalize the company

TORONTO—TORONTO—The annual job fair for upcoming graduates and students looking for their fourth year internships was held recently at Ryerson’s School of Graphic Communications Management.

Students and prospective employers at the Ryerson GCM job fair

—Special PrintCAN analysis

by Lorne Patterson

RR Donnelley is planning to acquire Bowne & Co., a provider of shareholder and marketing communications services for approximately US$481 million in cash, or $11.50 per share. The agreement has been approved by the boards of directors of both companies and the acquisition is expected to close in the second half of fiscal 2010.

BRAMPTON, ONT.—BRAMPTON, ONT.—Lithocolor Services recently installed a HP Indigo 3500 Digital Press. The company, which specializes in on-demand printing upgraded from an earlier model to maintain its competitive edge.

Rob Shewell, IT manager, Lithocolor, Robert Boileau, sales executive,
HP Indigo

OTTAWA—There was some good news for the print industry in last week’s Federal budget, said Canadian Printing Industries Association president Bob Eilliott.

RICHMOND HILL, ONT.—Icon Digital Productions recently installed two large format UV printers, the Inca Onset S20 and Durst RHO 500.

Juan Lau, Peter Evans, Alex Christopoulos and John Sanchez

MISSISSAUGA, ONT.—KingsWeb Inc. and sister company Queenstone Services have closed their offices. KingsWeb had been operated by the Slater family for the past 25 years.

TORONTO—Heidelberg Canada has announced cuts to its Canadian operations. Reductions will span across the company and include closing the demonstration facility in Toronto, and scaling back the general administration, project management and marketing functions. The sales and service functions absorbed cuts to a lesser degree, said president Richard Armstrong. Cuts to the Canadian office will be offset by taking advantage of some of the resources offered within the America region.

OTTAWA—The Canadian Printing Industry Sector Council is now accepting applications for the second year of its Career Focus Program beginning April 1.

MONTREAL—Worldcolor reported net income of US$18 million for the fourth quarter of 2009, ended December 31, today. That's a considerable improvement over the loss of US$654 million it chalked up at the same time last year.