News Archive

  • Xerox to seek better deal with Fujifilm 

    After legal action by major investors, Xerox will seek improved financial terms when it resumes talks with Fujifilm over the Japanese company’s proposed $6.1bn takeover bid. Xerox also accused investor Carl Icahn of “highly irresponsible fear-mongering.”

  • Ricoh cuts dealers to focus on IT 

    Ricoh ended agreements with 16 local dealers as it focuses on the “critical” IT services market but the company denied it’s moving away from print. “We have a major opportunity…to make printing more innovative and productive.”

  • NZ’s Gravure Packaging wins label ‘Oscar’ 

    Wellington-based Gravure Packaging has won a ‘label industry Oscar’ for the best gravure process label at the 2017 World Label Awards. The winning entry was a shrink sleeve produced for Melbourne yoghurt manufacturer Chobani.

  • PIAA gives nod to budget, despite $18bn deficit 

    Printing Industries has announced its approval of the 2018 federal budget, praising initiatives in education and tax cuts for businesses and employees. CEO Andrew Macaulay has, however, expressed concern about the $18 billion deficit, saying the country should live within its means.

  • Icahn, Deason want $40 a share for Xerox 

    Billionaire activist Xerox shareholders Carl Icahn and Darwin Deason – who oppose a takeover deal with Fujifilm – say they’ll now consider a cash bid of $40 per share – a 43 percent premium to the Japanese firm’s offer of about $28 per share.

  • Equity firm buys newsprint maker Norske Skog 

    Hundreds of local jobs secured as London private equity firm Oceanwood signs a $373m deal to buy bankrupt newsprint and magazine paper manufacturer Norske Skog, which operates two mills in Australia and one in New Zealand.

  • Dealer of the year powers ahead 

    For eight years, Currie Group has distributed CRON’s range of thermal CTP gear in Australia, launching into New Zealand in the past twelve months. In 2017, the company took home CRON’s Asia-Pacific dealer of the year award – and it doesn’t look like the pace will slow down.

  • Melbourne digital printer STS shuts down 

    Melbourne digital print business STS Creative Printing has closed its doors after 37 years and gone into liquidation, with staff members “frog marched” out of the business on Friday.

  • 47 jobs lost in $9m Fergies sale 

    Forty-seven print workers are out of a job after the sale of Brisbane-based Fergies Print & Mail to neighbouring business Printcraft for a rumoured $9 million.

  • Currie Group Roadshow opens in Albury 

    Currie Group’s mobile showroom opened its doors this morning at Albury in New South Wales on the second stop of its 2018 Roadshow, following last week’s successful launch in Brisbane.

  • Ricoh launches into display and garments 

    Ricoh Australia has appointed Paul Thompson (pictured) as business development manager for its new visual display and direct-to-garment solutions, which are expected to be available in Australia from June.

  • Pitney Bowes delivers new mailing platform 

    A week after Pitney Bowes sold its DMT production mail business for $US361m, the global mailing technology company has launched a new shipping and mailing platform called SendPro Enterprise.

  • Australian publishers lead on sustainability 

    Australian newspaper and magazine publishers are leading the way on environmental partnerships, working together with newsprint maker Norske Skog and the government on a voluntary sustainability agreement, writes consultant Laurel Brunner.

  • Print NZ apprentice finalists announced 

    Print NZ has named the Sector Apprentice of the Year winners who will go on to compete in the Print Apprentice of the Year awards at the Pride In Print Awards in Auckland on 11 May.

  • Konica Minolta rolls out new 3D tech 

    Konica Minolta is offering manufacturers a first look at ‘revolutionary’ new 3D technology at National Manufacturing Week, from May 9-12 at Sydney Olympic Park.

  • Jeff Jacobson rises again 

    Xerox CEO Jeff Jacobson (pictured) will not resign his position, owing to the expiry of a settlement agreement with investors Carl Icahn and Darwin Deason. Xerox announced that the deal reached with Icahn and Deason on Tuesday had expired under its own terms.

  • Amazon to open massive Sydney warehouse 

    Online retail giant Amazon will open a 43,000sq.m shipping hub in Sydney in second half of 2018 – its second ‘fulfilment centre’ in Australia. The company offers print-on-demand book publishing as well as office printers, inks, toner and paper.

  • Fujifilm to appeal Xerox decision 

    Fujifilm will appeal a Supreme Court of New York decision to block its proposed $6.1 billion deal to buy Xerox, saying it believes the combination of Xerox and Fuji Xerox is the best option. This follows an injunction that led to the departure of CEO Jeff Jacobson.

  • Heidelberg launches new next-gen Versafires 

    German press giant Heidelberg has announced its new Versafire EP digital press for high-performance, high-volume print. Having undergone testing at Unterlieder Medien Gruppe in Rödermark, Germany, the press will become available in Europe from June, with the rest of the world to follow.

  • Gallus’ label success – Print21 Magazine 

    Over the 23 years since Gallus established its Australian office, the Heidelberg label press manufacturer has blitzed the converting industry, with more than 100 high-end presses installed across Australia and New Zealand.