BINDAGRAPHICS PURCHASES THECOLAD GROUP"Our plan is to put Colad on the path of profitability by...
Transcript of BINDAGRAPHICS PURCHASES THECOLAD GROUP"Our plan is to put Colad on the path of profitability by...
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CONTACT:Marty Anson, President and CEO
Bindagraphics, Inc.Phone: (800) 326-0300
Fax: (410) [email protected] IMMEDIATE RELEASE
DOC-103August 12, 2005Page 1 of 1
BINDAGRAPHICS PURCHASES THE COLAD GROUP
Leading Trade Bindery Expands Offerings with Acquisition of Buffalo-based Packaging Manufacturer
Baltimore, MD - Bindagraphics Inc., one of the nation's leadingproviders of post press services, recently purchased The ColadGroup, Inc., a manufacturer of presentation and promotionalpackaging located in Buffalo, N.Y.
Colad was purchased out of Chapter 11 bankruptcy in federalcourt in Buffalo on July 28, 2005. The new company will remainin Buffalo and operate as “The Colad Group, LLC.”
Colad specializes in high-quality, custom manufacturing ofinformation packaging solutions, including slipcases, POPdisplays and easels, multimedia holders, presentation folders,
ring binders, index tabs, totes and boxes, direct mail promotions and other custom and alternativepackaging. The company's capabilities include design and prototyping; packaging prepress services; printingon vinyl, poly, board and other materials; film laminating, die cutting, case making, gluing, mounting,fulfillment and distribution. The company’s comprehensive website will remain at www.colad.com.
Marty Anson, President and CEO of Bindagraphics, said the purchase of Colad will supplement the offeringsof Quality Information Packaging (QIP), a multimedia packaging division of Bindagraphics.
"Colad has a solid reputation in the presentation and promotional packaging market, and their range ofservices complements Bindagraphics and QIP," said Anson. "We're already gaining a foothold in this marketwith our QIP division, and we are confident we will enhance that success with Colad.
"Our plan is to put Colad on the path of profitability by increasing operational efficiency, improving andenhancing the services we provide customers, and growing sales,” concluded Anson.
About Bindagraphics: Bindagraphics is a full service trade binder, finisher, and specialty packagingprovider headquartered in Baltimore, Maryland. The company is ranked sixth in the nation in size and boastsmore services than any other trade bindery in the world. Highlights include six perfect binding lines with upto 36 pockets, fully-automated mechanical binding, folding, gluing, die cutting, foil stamping, embossing, inkjet imaging and more. Marty Anson, President and CEO of Bindagraphics, can be reached at (800) 326-0800 or [email protected].
Phone: (800) 326-0800 • Fax: (410) 362-7233 • www.bindagraphics.comBindagraphics, Inc • 2701 Wilmarco Ave. • Baltimore, MD 21223-3352
Creative structural design and preproduction sam-pling are among the value- added services offeredby Colad, recently purchased by Bindagraphics, Inc.