Sandy Alexander Completes Acquisition of TBC Digital
Press release from the issuing company
Clifton, NJ - 3/27/07 - Sandy Alexander, Inc. announced that it has completed its acquisition of TBC, one of the industry’s leading digital printing companies. Since Sandy had initially acquired a 50% interest in TBC in November, 2004 volume has more than doubled, and a second Xerox iGen digital press has been installed.
According to Roy Grossman, President & CEO of Sandy Alexander, “Over the past two and a half years, we have been very excited with the growth and new opportunities that have resulted from both the digital and web-to-print solutions that we have provided to our customers. The digital print segment, especially variable data imaging, continues to represent one of the strongest areas for growth in our industry. Our acquiring of the remaining 50% of TBC will allow us to continue to invest in this business and become even more valuable to our customers. Importantly, we have expanded Sandy Alexander’s environmental comittment to the digital business by assisting TBC to become one of the only FSC (Forest Stewardship Council) certified digital printing companies in the country.”
Effective immediately, the business is being renamed, ‘eSandy Alexander, Inc.’ and will continue to operate in its current Fairfield, NJ location. Bob Logan, president of TBC, will remain in his role. Grossman continues, “Bob has been an important partner for the past two years and a valuable resource for many years before. In addition to Bob, the company has greatly benefited from the leadership that Chad and Todd Logan have provided. We look forward to continuing to grow this business together in the future.”
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