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ImPRESSions Worldwide Expedites Honolulu Printing Facility Liquidation

Thursday, August 08, 2019

Press release from the issuing company

Burlington, Wash. – imPRESSions Worldwide purchased all the equipment at Hagadone Printing in Honolulu, Hawaii, making this one of the largest acquisitions in the company’s 25-year history. With less than six months to remove the contents of the manufacturing facility, imPRESSions sprang into action selling the pre-press, press, mail and bindery equipment to multiple destinations that included, California, Rhode Island, Florida, Alabama, Pennsylvania, Illinois, India, Canada, Chile and China.

Equipment sold and removed included a late model Komori GL-640 sheet fed press and a 5-unit Goss M600C offset web heat set press. The Goss M600C made its way to Anaheim, CA and included a Contiweb splicer and dryer. The same company recently purchase a Muller 227 inserter from imPRESSions’s full line of equipment inventory.

With the expertise of imPRESSions Worldwide technicians, the massive process was completed one month ahead of schedule with all equipment removed in an orderly fashion and the building readied for new owners. Jerry Loesch, imPRESSions Worldwide parts and logistics manager said, “We are used to orchestrating the removal of equipment from one facility and shipping it to another during a purchase/sell transaction. What made this job more challenging was the fact that we were on an island and needed to coordinate shipping to various ports around the world, while keeping transportation costs down for our customers.” Added to this was the loads of other assets such as stitchers and trimmers, folders, forklifts, and even rolls of paper stock that needed to be sold prior to emptying the entire plant.

“This was a great team effort. Our removal and logistics team was deployed to Honolulu to assess the 100,000 square foot plant and develop a plan of action. The global sales and marketing group got hard at work to find buyers for pretty much all the equipment. We even sold off the paper roll stock and loaded 31 shipping containers for the buyer. We finished one month early and turned in the keys to a clean and empty warehouse,” said imPRESSions’s president, Tom Loesch.

Now in our 25th year, imPRESSions Worldwide is the premiere company offering the largest inventory of second-hand single-wide newspaper and commercial presses and auxiliary equipment. imPRESSions is fully staffed and has over 1500 precisely executed press projects and has delivered to more than 50 countries. Operating from two facilities in the USA, imPRESSions offers a wide range of equipment and world-class services, such as reconditioning, installation and press room upgrades. The most trusted source for superior quality equipment and customer service you expect.

 

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