Legendary Financial Printer Expands Into Digital Print

Fitch Group Targets 20 Percent Growth with Two New Xerox Iridesse Production Presses

NEW YORK, NY — After serving Wall Street for 132 years and embracing digital printing after losing its facility in the Sept. 11, 2001 attacks, Fitch Group is reinventing itself yet again. The Manhattan-based printer recently acquired two Xerox Iridesse Production Presses, giving it the high-quality color output and digital embellishment capabilities it needs to enter new markets and pursue 20 percent annual growth targets.

“When we saw the Iridesse, we knew it was the perfect fit for our operation – so much so that we purchased two,” said William B. Contessa, who acquired the company in January this year, along with partners John Fitch IV, the great-great-grandson of the company’s founder, and a European investment company.

About 80 percent of the Fitch Group’s business is with financial firms, processing sensitive financial data to produce Securities Exchange Commission filings, prospectuses and various financial reports and documents – much of it as monochrome output … (click to read more)