16 May 2018

NORWALK, CONN—

Xerox may be up for sale
Xerox may be up for sale
 Xerox pulls out of Fuji $6.1 billion deal. Jeff Jacobson CEO gone again with 5 directors. In another about face the two largest share holders Carl Icahn and Darwin Deason have effectively taken over Xerox. They have appointed 5 new directors and  has  appoint John Visentin as CEO. Xerox is now expected to go up for sale or get sold off in pieces.

16 May 2018

SCARBOROUGH—

Reliable Bookbinder plant in Toronto
Reliable Bookbinder plant in Toronto
Reliable Bookbinders went into bankruptcy on Monday May 14th. All employees have been terminated . PWC has been appointed as trustee to either sell the company or to liquidate the assets. The trustee has stated that it is unlikely that any unsecured creditors will receive any payments. Who put the company into bankruptcy is not currently available. The industry has been scrambling to find alternative suppliers.

16 May 2018

WOODBRIDGE—

White House Graphics new plant in Woodbridge.
White House Graphics new plant in Woodbridge.
White House Graphics moving to Toronto from Montreal. After 25 years the company is moving to a 40,000 square foot plant in Woodbridge near Toronto. They are moving 2 die cutters, and a glaring machine. They are installing a new press from Komori. The move is taking place during May and they expect to be up and running in June.They will be closing down the plant in Point-Claire Quebec .

16 May 2018

TORONTO—

 
Digital Signs & Printing has changed owners. Samuel Tang has bought the company from Ivan Sandrovcan. Digital Signs & Printing has been in business for about 12 years. It is a store front operation near Seneca Collage were they get a fair amount of work from the students.

16 May 2018

SCARBOROUGH—

Komori LS640C
Komori LS640C Press
 Best Deal Graphics and Printing  announced the addition of their second Komori 40” Press to their lineup of sheetfed equipment. The LS640C comes loaded with Plate Changers and Komori’s productivity improvement software (KHS). The press is also outfitted with automation features that allow for fast make-readies and greater throughput. This press along with Best Deal's other Komori GL640C that was installed last fall. The 16,000 sheets per hour press is being installed by Komcan the Canadian distributor for Komori.

9 May 2018

ROCHESTER—

He is back Jeff Jacobson is CEO of Xerox
He is back Jeff Jacobson as CEO of Xerox
 He is back. Jeff Jacobson is not going any where. Who is going to run Xerox has taken another turn. Last week Xerox was going to turn the management of the the company over it's two largest share holders Carl Icahn and Darwin Deason after a court blocked the deal with Fujifilm. The majority of the board was going to resign and Jeff Jacobson CEO was stepping down.The deal is off and Xerox is going to fight the court order, engage in a share holder proxy battle and resume discussions with Fujifilm on a merger of Xerox and Fuji Xerox( partnership between Xerox and Fujifilm).

9 May 2018

MELFORD, SASKATCHEWAN—

Melford Plant Closing
Melford Plant Closing
 Postmedia is closing it's Melford Saskatchewan plant and moving production to Saskatoon. The plant printed newspapers for the Melford Journal, Nipawin Journal and Northeast Sun. 15 full-and Part-time works  will loose their jobs. Were the presses are going has not been indicated. Transcontinental the other large newspaper printer has sold off all but 5 of it's newspapers.

9 May 2018

OTTAWA—

Standard/Horizon AFC-564A
Standard/Horizon AFC-564A
Canada's national statistical agency - Statistics Canada  recently installed a Standard/Horizon automated AFC-564A folding system in their print department.It is computer-controlled folder combines feeding and registration with touch-screen controls. The operator can select from 14 pre-set folds or set up to 200 custom folds.

6 May 2018

RESTON ,VA— 

 
The Association for Print Technologies (NPES)  has announced a new study Print 2.0 . According to this  study, print packaging, publishing printing, and marketing & commercial printing, the largest industry segments, which account for a majority of the worldwide market, are projected to expand from $389bn in 2017 to $421bn in 2020, increasing 2.7% on average per year. Further, the study projects:print packaging will have healthy annual global growth of 4.5% through 2020;

2 May 2018

NEW YORK—

Judge said
Judge said "Hopeless conflict " outgoing Xerox CEO Jeff Jacobson
The deal between Fujifilm and Xerox has been blocked by a surprise ruling from the Supreme Court of New York. Reuters reported that negotiations had reopened between Xerox and Fujifilm after the court decision. In another surprise Xerox CEO Jeff Jacobson and most of the the board has resigned. The two activist share holders Carl Icahn and Darwin Deason who hold 15% of Xerox have appointed six new board members. 

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