By: E&P Staff
Inland Newspaper Machinery Corp., Lenexa, Kan., announced that in 2006 it performed numerous appraisals for both tax purposes and buy/sell agreements — for individual publications and newspaper groups. Among appraisals were six Goss Colorliners owned by The New York Times, which will close its Edison, N.J., plant.
In conjunction with Morrison & Head, LP of Boerne, Texas, Inland completed two tax appraisal reduction projects for Cox Newspapers’ Austin American-Statesman and The Palm Beach Post.
In what it said continued to be a steady business, Inland brokered presses for the News-Tribune, Jefferson City, Mo. (seven-unit Goss Urbanite sold to Compania Editora Nuestra America, Merida, Yucatan, Mexico); Paxton Media Group, Franklin, Ky. (two five-Unit Web Leader presses sold to Ultragraph Technologies, Miramar, Fla.); Heartland Publications, Lumberton, N.C. (eight-unit Harris V15A sold to International Graphics Equipment, Hollywood, Fla.); and Sun Newspapers, Overland Park, Kan. (nine-unit Suburban/Community press sold to Gammagrafix, San Diego).
Sales of Inland-owned presses included a five-unit Harris 1660 to Bell Camp Inc., Allentown, Pa., and eight-unit Goss Community to Miami-based 2000 Business Corp.
Among component sales were a Goss Urbanite folder and upper former to Vanguardia Liberal, Bucaramanga, Columbia, Harris V15A unit and press drive to The Livingston Parish (La.) News, reconditioned and converted Goss SC quarter folder to the Hood County (Texas) News; seven-unit Goss Community SSC upgrade at the Montrose (Colo.) Daily Press; other reconditioned unit installations and ancillary equipment to various Wick Newspapers locations, including Montrose, Colo., Pierre, S.D., and Tucson, Ariz.