26 June 2019

WOODSTOCK , ONTARIO—

 
Commercial PrintCraft is under creditor protection. The commercial printer  has two heat set half webs and a sheet feed press. Started in 1938 and last reported had sales of around $8 million and a staff of about 40. While not confirmed it appears it is not currently operating. Sources  said Commercial Print-Craft lost a large a large account and decided not to continue.

26 June 2019

TORONTO—

The beginning of the carbon tax label business
The beginning of the carbon tax label business
The political fight over the " carbon tax" is creating new label business for printers. The Ontario Government has ordered 25,000 decal labels from Astley Gilbert for $4,954. These labels have to be put on gas pumps or service station can be fined up to $10,000 per day. The Ontario Green party has printed their own  parody label that says " climate change will cost us more.

26 June 2019

PALO ALTO, CALIF—

Possible buyer of parts of Xerox
Possible buyer of parts of Xerox
 The reorganization of Xerox into a holding company has fueled the idea that parts of Xerox will be sold off. After the failed attempt of Fujifilm.  HP is thought to be the most logical buyer. HP also appears to be in aquisition mose. The recent announcement of  HP  and Xerox  expansion of the companies’ business relationship has raised questions. Xerox will source from HP certain A4 and entry-level A3 products with the majority running on Xerox’

26 June 2019

WASHINGTON—

Aiming to be larger than RR Donnelley
Aiming to be larger than RR Donnelley
The American Department of Justice (DOJ)  is seeking to block the deal.The DOJ said the two firms were each other’s biggest rivals, citing internal documents that referred to a price war and a “two-horse race between LSC and Quad”. In its complaint, filed in federal court, the DOJ said Quad and LSC (formerly the RR Donnelley magazine, catalogue and book printing operations) were “the only realistic option for many publishers because of their complex printing equipment”.

19 June 2019

MISSISSAUGA—

President and NEW BOSS
President and NEW BOSS
 BOSS LOGO ( bosslogo.com) is back in business under Derek McGeachie of MI5. The website has been up and running for several months. The website, logo brand and equipment was bought from the receiver. During the first part of receivership customers were directed to Caterpillar Rd in Mississauga( MI5 address) than to Basaltic Rd in Concord (MPI Print). Than the website was down for about six months. Once up and running a letter was sent to customers announcing new ownership with Derek McGeachie as the New BOSS. 

19 June 2019

OTTAWA—

left to right: Payam Keshtgani (iPrint Media), Stephen Wrigley, Major Account Executive (KM), and Robert Tuck, Sales Manager (KM)
left to right: Payam Keshtgani (iPrint Media), Stephen Wrigley, Major Account Executive (KM), and Robert Tuck, Sales Manager (KM)
 iPrint Media Group  is the first in the National Capital Region to acquire the MGI JETVarnish 3DS with iFoil . The JETVarnish 3DS allows for 3D spot varnish coating with personalization . With coating thickness ranging from 15 to 100 microns, the 3DS can create a wide range of visual and tactile effects. The 3DS accommodates sheet sizes of up to 14.33" x 40.15" and eliminates  plates, screens and setups.  The unit is equipped with built-in Artificial Intelligence SmartScanners (AIS) which correct coating registration for ultimate accuracy.

19 June 2019

 
The WhatTheyThink Printing Industry Business Outlook Survey conducted in Winter 2018–2019. Report Highlights include 42% of respondents to  Winter 2018 –2019 survey said that 2018 revenues had increased by six percent or more compared to 2017.In terms of revenues, the strongest businesses continue to be either very small or very large shops, with the mid-size shops experiencing little revenue growth, especially when you adjust for inflation.

19 June 2019

MONTREAL—

Closing of Brampton Plant reflects commercial printing volumes
Closing of Brampton Plant reflects commercial printing volumes
 Transcontinental revenues increased  from $534.7 million to $767.4 million,  as a result of the acquisition of Coveris Americas, which contributed $318.4 million to revenues. This increase was mitigated by  the unfavourable effect of the sale of the California newspaper printing operations and the disposal of local and regional newspapers in Québec.
Operating earnings decreased by  56.5%, from $99.0 million to $43.1 million.

12 June 2019

VAUGHAN—

Copywell' two inkjet webs . IP 5000 on the right
Copywell' two inkjet webs . IP 5000 on the right
 Copywell has installed a Ricoh Infoprint 5000 adding to their VC 60,000. The IP 5000 is a roll to roll inkjet press that runs of speed up to 420 feet per minute. It prints at 600 x 600 Dpi at 4/4 on up to 20 inch rolls. Copywell installed their first inkjet web about three years ago. They also have several sheet fed digital presses. 

11 June 2019

TORONTO—

Top Corporate citizen for last 16 years
Top Corporate citizen for last 16 years
Transcontinental has been  recognized as the 8th best corporate citizen in Canada in 2019 by the Corporate Knights ranking. Named for the 16th year as one of Canada’s 50 best corporate citizens, TC Transcontinental climbed from the 29th position last year to the 8th position.  According to Corporate Knights, TC Transcontinental ranks among the Top 10 overall thanks namely to high clean revenue score, strong gender diversity at the board and executive levels, solid safety record, as well as strong energy and water productivity.

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