Goss International Corp. announced its acquisition of the assets of Goss Graphic Systems Inc., together with the shareholdings in its international operations.

CSFB Global Opportunities Partners L.P., the majority shareholder of Goss International, is associated with Credit Suisse First Boston. Additional investors include J.P. Morgan Chase & Co., LBI Group Inc., an affiliate of Lehman Commercial Paper Inc., and DK Acquisition Partners L.P.

“Our owners’ long-term investment approach, combined with the new company’s very modest level of debt, provide Goss International great financial stability which will give us an enormous advantage in meeting our business objectives and satisfying our customers’ needs,” said Joseph P. Gaynor III, executive vice president and chief financial officer of Goss.

The Palm Beach (Fla.) Post contracted George R. Hall Contracting for 50-inch web-width reduction work on their Goss Colorliner press and three Goss Metro presses. The Post is the third Cox newspaper working with Hall on their web-width reduction projects, joining The Grand Junction (Colo.) Daily Sentinel and the Waco (Texas) Tribune-Herald.

As part of the reduction work, Hall is converting the existing flicker blade and brush dampeners on the Metro presses and the Goss spraybars on the Colorliner press to new Ryco spraybars.s

On previous Hall reduction projects, Hall has converted the Boise Idaho Statesmen and the Vancouver Columbian from flicker blade to Ryco, and the Denver Rocky Mountain News from Goss to Ryco.

Hall has now completed or has been contracted for 50-inch web-width reduction work at 34 U.S. newspapers on 53 newspaper presses.

ABB Industrie AG will merge with a number of ABB Switzerland companies. Consequently, the company name will change to ABB Switzerland Ltd. This change will not affect existing contracts, offers and other obligations between various business relationships.

Baldwin Technology Co., Inc. recently announced a return to profitability, for the first time in three quarters.

Net income for the Company’s second quarter ended December 31,

2001 was $159,000 or $0.01 per diluted share, compared to net income of $1,170,000, or $0.08 per diluted share, for the second quarter of the prior year. Net sales for the second quarter were $36,175,000 versus $45,758,000 for the prior year’s comparable quarter.