News Archive

  • Xerox to cut over 2400 jobs in worldwide restructure 

    The amount includes severance costs for worldwide workforce reductions, implemented through a combination of voluntary programs and layoffs, as well as about $50 million associated with facility consolidations and closings. “For Xerox to continue building momentum in this uncertain economy, we need to accelerate our drive to improve efficiency while delivering competitive products and services…

  • The Clancy column – Overflow is back by popular demand. 

    Kath Browne, Director Employee Relations, Printing Industries has announced her retirement from the association effective from the end of 2002. Kath is retiring after having served the membership for more than 34 years and is one of the association’s longest serving employees. She joined the association in an administrative role in 1968 and then transferred…

  • Muscatt blames printing for PMP predicament 

    In a series of shock moves Bob Muscatt vowed, “to immediately take over leadership of the print division. Our current situation is largely the result of poor performance in the print division, whose issues I have been monitoring for some time,” he said in an email to staff. He summoned his 25 most senior managers…

  • New NPA closing date 

    The traditional date for companies to submit their printing entries into Australia’s most prestigious printing competition was December 1 and some entry forms bearing this date have already been distributed. These should be disregarded. Over the years the December date became widely recognised as an ambit and it became the custom for entries to continue…

  • Publisher fined for non-appearing ads 

    The court found that in late 1999, CGP and Mr Hassett accepted payment from five small businesses in Tasmania for advertising in a proposed Returned Services League publication when there were reasonable grounds for believing that his company would not be able to supply the advertising. The defendants were acquitted on charges of demanding payment…

  • Heidleberg takes over Gallus 

    Heidelberg held a 30 percent participation in Gallus since 1999 and its full integration was expected. It gives Heidelberg a ready-made strong presence in label printing, especially in the rapidly growing flexo sector. “With six to eight per cent growth, flexo printing represents a rapidly growing segment of the print media industry,” Bernhard Schreier, Heidelberg’s…

  • CPI reviews terms of trading with FujiFilm 

    Steve Somogyi, Chief Executive Officer of CPI, confirms that the company is holding discussions concerning terms of trading with Fujifilm, its supplier of CTP equipment, film and printing plates. Describing the talks as “open and robust” he said this was part of a continuing review of the company’s business. “We turn over all the stones.”…

  • KPG to buy Mitsubishi plate business 

    MCC will continue to manufacture thermal and conventional plate products for KPG on a contract basis at its plant in Kashima, Japan. KPG says it will have the right to manufacture and sell products to MCC’s customers and dealers in Japan, a market dominated by rival Fuji, as well as a right to sell products…

  • Printcafe picks up the remains of printChannel 

    While most details of the deal were not disclosed, Printcafe has said that it will not assume any printChannel obligations or liabilities other than in connection with certain customer contracts. PrintChannel, a San Francisco-based online print procurement company founded in 1998 went into receivership in September and has been looking a for a buyer ever…

  • Xplor to move offshore to Asia 

    According to Russell Thurlow, Asia Pacific Director, the plan is to decentralise the traditional focus on Australia and New Zealand. The move will see forums held in Hong Kong, Singapore, Malaysia, Taiwan and Japan. Next year’s conference will be held in Singapore in May. “Our objective is to advance the EDS industry by sharing information…

  • GASAA business strategy forum for NSW 

    Scot Telfer, Group General Manager, Pongrass Communications Group will lead a panel of industry executives in an examination of the reasons why some businesses are surviving and even thriving at a time when others are going broke in unprecedented numbers. The panel will focus on such questions as: what role does strategic planning play in…

  • Invisible ink gets rid of barcodes 

    Printed bar codes are useful for controlling how documents are mailed – but they aren’t pretty. So Xerox has come up with a new way to hide them, using an invisible ink marking solution that gets rid of the eyesore of bar codes without sacrificing the automated controls they provide. The solution is the only…

  • Jobs. . . Jobs. . . Jobs. . . 

    Print industry experience, Production/Prepress knowledge, Team managementPrint industry experience. Team managementOur client is a major force in both commercial and security printing and seeks someone preferably with a similar technical print background.The role also requires significant client contact – typically large financial services organisations – hence, good presentation and negotiating skills will be well regarded.Attention…

  • New player enters competitive Sydney print market 

    Volker Wagner, owner of one of North America’s largest calendar printing companies, Teldon of British Columbia, has pulled off a coup by snapping up three disparate small print companies at a time when printers are finding it hard to discover buyers. As one of the first new entries into the Sydney printing market in years…

  • Regional Heidelberg to avoid worldwide job cuts 

    The redundancies are part of a plan to cut up to AUD$350 million (€200m) from the leading press and graphic’s equipment manufacturer’s operating costs. The local company has been trimming its staff complement since last year and is considered to be running lean. “HAN has already undergone a restructuring process over the past 18 months…

  • Jobs . . . Jobs . . . Jobs . . . 

    Apply to Andy McCourt:employment@print21online.com

  • Flint Ink and Sicpa deal impacts Australian market 

    The international deal between Flint Ink and Sicpa could see Flint Ink become the main supplier to the Australian market and may increase the amount of ink being imported from overseas. Flint is already the largest supplier in New Zealand. The agreement will deliver Swiss-based Sicpa’s heatset and coldset ink market share to Flint in…

  • Industry trading conditions improve . . .survey 

    Business confidence has improved on the back of a series of encouraging trading conditions, according to Hagop Tchamkertenian, Printing Industries Manager of Industry and Commercial Policy. Improvements have taken place in a number of key industry indicators such as orders and production, sales, capacity utilisation, easing of the labour market and increased availability of finance….

  • New Vic association for young professionals 

    Rising from the ashes of the former PEA, the new association will concentrate on getting young executives in the graphics and printing industry to come along to meetings where they can meet like-minded peers and engage in valuable networking. According to Peter Barnet, vice president, the association has already succeeded in increasing membership by half…

  • American Banknote rides again 

    American Banknote Corporation has been in Chapter 11 since 1999, three years after it bought Leigh Mardon from Amcor. In 2001, despite being in bankruptcy, its revenues exceeded US $220,000,000, and earnings before interest, depreciation and amortization (“EBITDA”) exceeded $25,000,000. The restructured balance sheet, features a reduction of debt of more than US $100,000,000. “These…