Community Publishers, Inc. of Bentonville has announced the purchase of Nowata Printing Company of Nowata, Okla. from Community Newspaper Holdings of Birmingham, Ala. The acquisition will be effective on Jan. 17.
As part of the acquisition, CPI will rename a current subsidiary, Missouri Color Web of Springfield and operate both the Nowata and Springfield facilities as a single entity, under the name Nowata Printing Company.
Nowata Printing Company has been in the commercial printing industry for over 30 years and currently employs a staff of 57. Missouri Color Web employs 42.
Along with the purchase, the Company will be making significant capital investments at the Nowata location. “We currently have purchased a 12 unit Goss Magnum press that will be installed at our Nowata facility,” said Charlie Heidelberg, corporate production director . Also being installed at the facility are a Screen computer-to-plate unit and a 6 into 1 Mueller inserter.
Gary Hensley, general manager at the Nowata facility, will continue in that capacity.
“We feel this purchase is tremendously significant to our long term commercial printing growth goals, and will allow us to service a much broader range of clientele,” stated Heidelberg.
The terms and price of the transaction were not disclosed.
CPI is the parent company of Neighbor Newspapers, which included the Tulsa Business Journal.