- Greater Buffalo Press
Greater Buffalo Press was founded by
Walter Koessler (b. 1901), and his brother Kenneth, inBuffalo, New York in 1926 with the support ofEverett M. "Busy" Arnold . The Koessler brothers were children of German immigrants who owned a matress-stuffing business. Walter was a gifted athlete who attendedCanisius College and earned nine varsity letters. He was a major contributor to the sports programs at his alma mater in the 1960's, and the J. W. Koessler Athletic Center (completed in 1968) was named in his honor.Greater Buffalo Press (GBP) developed and improved web-fed four color
rotogravure technology, which was used to print color comic supplements inserted in Sunday newspapers, and color advertising inserts for daily and weekend newspapers. In four-color rotogravure printing, long rolls of newsprint are fed to the press four separate times, one for each color. The ability to align the feeds longitudinally and laterally is critical to quality control, as any misalignment results in color gaps, or colors bleeding to spaces they were not intended to cover.In the late 1930s GBP established a sales office in New York City, at the Lincoln Building at 60 E 42nd Street, and hired Bob Lalor as Vice President for Sales. By the 1950s, GBP had established a dominant position in the market for Sunday comic and color supplement printing, with several facilities in western New York State, and printing plants in Wilkes-Barre, PA, Sylacauga, AL and Lufkin, TX. Following its acquisition in 1955 of International Color Printing Co. it was charged by the
United States Department of Justice with violation of Section 7 of theClayton Act . GBP actively opposed the Justice Department, claiming the "failing company defense". The case finally reached the US District Court for the Western District of NY in 1970, one year after Walter Koessler's death and three years after Bob Lalor's, and after a full trial the District Court dismissed the complaint agaisnt GBP. The decision was appealed by the Government directly to the US Supreme Court under Section 2 of the Expediting Act, as amended, 32 Stat. 823, 15 U.S.C. 29. The Supreme Court, in an opinion by Chief JusticeWilliam O. Douglas , reversed the judgment below and remanded the case to the District Court. "United States v. Greater Buffalo Press, 402 U.S. 549 (1971)".By the late 1960s improvements in offset printing technology were permitting competitive entry by offset printing shops, and the divestitures recommended by the Supreme Court were never mandated. GBP was sold to Sullivan Graphics, an offset printing concern based in Brentwood, TN, in approximately 1988. Sullivan Graphics changed its name to American Color Graphics in 1997. On July 15, 2008, American Color Graphics, Inc filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court in the District of Delaware. The confirmation order for the plan came from the U.S. Bankruptcy Court on or about August 27, 2008 and contemplates that American Color Graphics will merge with Vertis Communications, which also filed a pre-packaged reorganization plan on July 15 to implement the merger.
ources
http://caselaw.lp.findlaw.com/cgi-bin/getcase.pl?court=US&vol=402&invol=549&friend=nytimes
http://investing.businessweek.com/businessweek/research/stocks/private/snapshot.asp?privcapId=3544913
http://www.bizjournals.com/nashville/stories/2008/08/25/daily45.html
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