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The New York Times with 2005 revenues of $3.4 billion has signed a letter of intent to order a new Goss Colorliner double-width press for its production facility in Queens.
The new press will have 12 towers and 96 printing couples, and is scheduled to be installed in early 2008. It will also have a 22-inch cutoff and be equipped with a double-couple folder. The web width on the five existing Colorliner presses will be reduced to 48 inches to match that of the new press.
The agreement calls for Goss International to complete web-width reduction projects on five existing Colorliner presses at the facility.
Goss International CEO Bob Brown says the project reflects a shared vision of how new technology, ideas and enhancements can continuously improve the impact and value of printed newspapers.
Tom Lombardo, vice president, production for the newspaper group says: “Goss International offers a strong combination of technology, resources and expertise that coupled with the merits of the press itself, led to our decision.”
The New York Times Company publishes The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers, and has nine network-affiliated television stations, two New York City radio stations and 35 Web sites, including NYTimes.com, Boston.com and About.com.
