It’s now been 100 days since Memjet launched DuraLink, the next generation printing technology featuring new advanced long-life printheads, pigment inks and integrated modules. Eric Owen, general manager, commercial press, shared how the technology has fared since its launch.
Peter Schaefer, a partner with printing industry M&A and investment banking firm New Direction Partners, describes the recent Cenveo Chapter 11 bankruptcy announcement and how it will impact the company, its suppliers and future contracts.
Stamford, Conn.-based Cenveo Inc., which has been struggling for some time partly from its heavy debt load due to past acquisitions as a one-time major printing industry roll-up consolidator, announced that it has reached an agreement with holders of a majority of its first-lien debt to support a voluntary Chapter 11 plan of reorganization.
After several weeks of speculation, Xerox Corp. and Fujifilm Holdings announced a $6.1 billion transaction to combine Xerox and their longstanding Fuji Xerox joint venture, creating an $18 billion company. Fujifilm will own a controlling 50.1% of the combined company, marking the end of Xerox as an independent company dating back to its founding.
To lead off EFI Connect 2018, EFI CEO Guy Gecht hosted a "Fireside Chat" with the two first worldwide users of the EFI Nozomi C18000 digital corrugated press. Eric Barcourt, CEO of Hinojosa Packaging Solutions, and Malcolm McGowan, founder and CEO of McGowans Print, shared their experiences with the press.
Combined, the Top 25 “Hot Markets for Print Demand 2018-19” account for nearly 95% of total print-related purchasing by key sectors.
To celebrate its 200th anniversary, Koenig & Bauer (formerly KBA) hosted a celebration that culminated with a gala reception attended by nearly 700 guests and a special program featuring dignitary presenters such as Horst Köhler, the former president of Germany.
As part of its new business plan, NPES has acquired the 1/3rd ownership stakes held by Printing Industries of America and Idealliance.
In operation for more than 200 years, the PaperWorks Philadelphia Mill is closing on April 14th. The closure will impact 147 workers.
If you compete in the point-of-purchase (POP) and/or packaging products arena, you should familiarize yourself with Melbourne, Australia-based Orora Ltd. The Australian firm has been on an acquisition tear and just announced its acquisition of The Garvey Group and Graphic Tech.
EFI will gain the customer base of FreeFlow DFE users, and Xerox can focus on its digital press hardware and consumables businesses.
DigiWrap co-founders Brad Boskovic and Charlie Williams swam with the sharks on a recently-aired episode of the popular “Shark Tank” television series on ABC. The company specializes in digitally printed, customized gift bags and tissue paper.
A federal district court in Texas made a ruling last week that will have wide implications for the printing industry and business employers in general. Adriane Harrison, human relations specialist at the Printing Industries of America, shared her insight on what the court decision means for the printing industry.
While it is too soon to dissect Trump’s complete political agenda, hope remains that his policies will be more pro-business than now.
It's official: RR Donnelley (RRD) has split into three separate, publicly held companies. First revealed in August 2015, the breakup of the $11.7 billion conglomerate follows the latest corporate trend of “maximizing shareholder value” by creating more focused companies.