29 July 2020

ROCHESTER . NEW YORK—

Kodak has been focused on the printing industry since coming out of bankrupt protection
Kodak has been focused on the printing industry since coming out of bankrupt protection
 Kodak is moving into pharmaceutical manufacturing with  US government backing. Kodak will  be revamping it's facilities in Rochester and St Paul for the new  Pharmaceuticals operation, which will make ingredients for generic pharmaceuticals,  components  are  critical to the American people and US national security.

29 July 2020

TOKYO—

Xerox's new world competitor
Xerox's new world competitor
Fuji Xerox  Asia Pacific has announced the launch of 19 new models from its digital multifunction/printer ApeosPort and DocuPrint series to compete with Xerox . “Fuji Xerox is now strongly positioned to conduct businesses dynamically and with more liberty in a truly global manner,” said Kouichi Tamai, president  of Fuji Xerox.

29 July 2020

WASHINGTON—

Paper machines not running near capacity
Paper machines not running near capacity
The American Forest & Paper Association  has released its June 2020 Printing-Writing  report. Writing paper shipments decreased 25% in June compared to 2019.  Purchases of total printing-writing papers decreased 25% in June compared to the same month last year.

29 July 2020

ROCHESTER . NEW YORK—

John Visentin , CEO of Xerox
John Visentin , CEO of Xerox
Covid-19 has hit Xerox wirh second-quarter sales at Xerox fell by nearly $800m. Sales in the three months to 30 June were down 35.3% at $1.47 billion of revenue, a decrease of 35.3 percent year-over-year.   Operating profits slumped by nearly 78% to $62m. Gross margin held up, slipping from 39.1% to 38.5%.

29 July 2020

TORONTO—

Etobicoke Pant to close in next year.
Etobicoke Pant to close in next year.
 Cascades has said it is closing its  packaging plant on Evans Avenue in Etobicoke, Ontario   within the next year, putting 125  workers out of jobs. Cascades Packaging operations will permanently close by August 31, 2021. The property will be put up for sale. This is the fourth  Cascades plant to be closed in Ontario in the last 3 years.

22 July 2020

GERMANY— 

Manufacture of label presses
Manufacture of label presses
Heidelberg is selling the Gallus  to the Swiss packaging business benpac holding ag in Stans .  Gallus is one a major manufacturer of narrow web label presses. Heidelberg has decided to focus on its core business of sheetfed printing. The transaction will see benpac assume ownership of Gallus  five sites with a total of some 430 employees

21 July 2020

DUSSELDORF, GERMANY—

IPEX in 2018 died after exhibitors started pulling
IPEX in 2018 died after exhibitors started pulling
 
 
Komori and manroland sheetfed have announced their decision to pull out of  Drupa 2021  planned for April of 2021 due to ongoing concerns over COVID-19. The decision to suspend attending the exhibit is made in response to the continued spread of COVID-19 and the potential risks of a second or third surge of the pandemic . Drupa  had already been postponed from June 2020 to April 2021 due to the Coronavirus crisis.

21 July 2020

GERMANY—

Heidelberg  bright light the Shanghai China factor opened in 2006
Heidelberg bright light the Shanghai China factor opened in 2006
 Heidelberg the world's largest  offset press manufacturer announced results  for the financial year ending 31 March, which involved a net loss of $394 million ( US)  with sales down 5.7% at $2.7 billion (US) . Heidelberg  has implemented a set of restructuring measures, including the loss of 1,600 jobs worldwide,  discontinuing lines  XL 140 & 162 and Primefire presses ,

21 July 2020

WASHINGTON—

US Post Office study on direct mail
US Post Office study on direct mail
 The U.S. Postal Service Office of Inspector General  and Temple University’s Center for Neural Decision conducted a  study  that found that physical ads created stronger memories, sparked desirability, and led to higher subjective value for advertised products, while digital ads captured subjects’ attention more quickly. 

20 July 2020

GERMANY—

Was originally 11 days
Was originally 11 days
drupa, the world's largest trade show for printing industry, has decided to reduce the duration of the trade fair from eleven to nine days for 2021, April 20 to 28 2021.  By doing so, it is responding to the wishes of the partner association VDMA (Printing and Paper Technology Trade Association) and many exhibitors to make the trade fair presentation more efficient

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Mr Beastly says:
Mr Fagan, yes but I think we all know that Heidelberg was out due to Financial issues with stocks tr...
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