CONCORD, ON—Millenium Printing has purchased the assets of Missisauga-based Kings Web Inc. and Queenstone Services, which closed its doors in early March. Millenium Printing marketing manager Neeraj Gupta says the company purchased the Kingsweb and Queenstone Services assets mainly because it needed a web press. “Kingsweb has a heat and coldset web press from Mitsubishi which is the same brand as the presses we have.”

Gupta says he plans to keep operating out the existing location, but the facility will be rebranded unde the Millenium name.  The company is also in talks to hire some of Kingweb’s employees, with talks still in progress.

Millenium Printing has been in business for over 12 years as a trade printer.

PrintCan will have more on this story as it develops.