PrintCAN News RSS PrintCAN RSS en-us Mon, 21 Sep 2020 06:02:23 UTC Mon, 21 Sep 2020 02:00:30 EST LSC Communications Bought By Private Equity Atlas Holdings Wed, 16 Sep 2020 17:52:40 EST   North Americas 4th largest printer and largest book printer. LSC entered into a  agreement with private equity firm Atlas Holdings, with the support of certain of LSC’s secured creditors . LSC is North Americas largest book printer and also is a large magazine and catalogue printer. Atlas Holdings will acquire most of LSC's assets, including its operations in Canada and Mexico, through a combination of cash and a credit bid of obligations under the company’s secured term loan facility and senior secured notes  of the secured creditor group. Online Shoppers Still Prefer Paper Tue, 15 Sep 2020 17:42:55 EST Consumers still want paper over plastic With ecommerce expected to reach 14.5% of total retail sales this year – both an all-time high and the biggest ever share increase in a single year* – the findings of a recent  Packaging Preferences Survey on online shopping and related behavior. More than half of consumers (57%) prefer products ordered online to be delivered in paper/cardboard packaging, and two-thirds (66%) believe paper/cardboard packaging is better for the environment than other types of packaging. Transcontinental -Packaging Up, Printing Down Tue, 15 Sep 2020 17:09:39 EST Still Canada's largest printer by over a billion dollars Transcontinental revenues decreased by $141.5 million, or 19.4%, from $728.9 million in the third quarter of 2019 to $587.4 million in the corresponding period of 2020.  The Packaging Sector, benefiting from a significant increase in volume in several segments supporting the retail supply chain for food and everyday consumer products, and despite the impact on revenues of lower raw material costs, generated solid organic growth of $6.7 million. Stamps Printed With Sir Johns Head Off Tue, 15 Sep 2020 16:36:39 EST Stamps with Macdonald's head off  Canada Post printed  a sheet of stamps  showing the severed head of a John A. Macdonald statue that was recently toppled in Montreal. The sheet of stamps was printed through the postal service’s Picture Postage program, which allows people to order stamps with personalized photos for a fee.  The personalized stamp program is run through Lowe Martin in Ottawa . Bellwyck Installs Longest Heidelberg in Canada Tue, 15 Sep 2020 16:10:01 EST left to right: April Burke, Vice President of Operations ; Jerry Malfara, Director of Technical Services and Innovation and John McVeigh, President. Bellwyck has recently installed a Speedmaster CX 102-8+LY-1+L with “Push to Stop” technology from Heidelberg at its Toronto headquarters – its second CX 102 in the last 18 months. Both presses are powered by Heidelberg’s Prinect workflow and are part of Bellwyck’s larger vision of transitioning into a “Smart Factory.”Bellwyck decided to design a very custom configuration for its newest Speedmaster CX 102, which has nine printing units, two coating stations and UV capabilities – the longest press of its kind in Canada.  Marquis Adds Timson Book Press To Toronto Plant Wed, 9 Sep 2020 20:27:25 EST Timson offset book press with zero make-ready A reconditioned Timson press has been acquired and the installation is expected to be completed by the end of September at its Toronto plant, ” The addition of a Timson press specially built for the monochrome trade market will allow us to make better use of the capacity available on our perfect and case binding lines to which we add shifts " Jason Foubert, General Manager – Marquis Toronto. Digital Printing Market Growing At 4.2% Wed, 9 Sep 2020 19:49:03 EST Report on Global Digital Printing Market  Amid the COVID-19 crisis, the global market for Digital Printing estimated at US$23.6 Billion in the year 2020, is projected to reach a revised size of US$31.5 Billion by 2027, growing at an annual rate of 4.2% over the analysis period 2020-2027. Aqueous, one of the segments analyzed in the report, is projected to record a 3.8% annual growth rate and reach US$4.9 Billion by the end of the analysis period. HP Down By 20% In Printing Division Wed, 9 Sep 2020 19:14:35 EST Recently had staff cuts world wide Revenue  for the  Printing division was down by 20%. The Printing division  revenue was $3.93bn US, down 20% from a year ago. The Printing division includes supplies, commercial hardware and consumer hardware.The largest category in the Printing division is Supplies, which saw year-on-year revenue drop by 19% 19%. Drupa Creates Digital Platform For Presentation Wed, 9 Sep 2020 18:33:38 EST Online or vertical Drupa Conference drupa extends its digital offering: starting in October the online platform drupa preview will offer exhibitors and visitors an additional channel for touching base with the industry, discussing trending themes and presenting product portfolios. The portal will consist of the content formats “Conference”, “Exhibition” as well as “Networking” and will bring the  printing community together. Book Manufactures Moves Conference Online Wed, 9 Sep 2020 18:12:04 EST Matt Baehr , Executive Director The Book Manufacturers’ Institute (BMI) has made the move to virtual for its 2020 Fall Annual Conference. Like most other 2020 events, the decision was made in the interest of the health and safety of our attendees. The Virtual Annual Conference will take place the last two weeks of October and be held over a number of days featuring 1-hour sessions and other networking functions. DATA Turns a Profit With 8% Sales Loss Wed, 2 Sep 2020 19:28:26 EST Canada's 4th largest printer has struggled for the last several years  Data Communications Management (DCM) net income for the three months ended June 30, was $4.2 million compared to a net loss of $3.8 million for the same period in 2019. Net income for the six months ended June 30,  was $6.4 million compared to a net loss of $4.1 million for the same period in 2019. For the three months ended June 30, 2020, DCM recorded revenues of $63.9 million, a decrease of $5.7 million or 8.2% compared with the same period in 2019. More Paper Supply Cuts Wed, 2 Sep 2020 19:00:31 EST   Pulling out of publication papers Two of Europe's largest paper manufacturers are cutting  almost 2 million tonnes of paper capacity and  over 1,500 jobs. It is expected to have some impact on the North American paper market. SCA of Sweden said it was exiting the publication papers market. SCA said it  is throwing the in towel and scrap paper production at its last remaining publication grade mill. with the loss of 800 jobs. Book Sales Up , Printing Capacity Down Wed, 2 Sep 2020 18:28:46 EST North America's largest book printer up for sale   Quad and LSC Communications the United States two largest book printers, have been struggling, made  worse during Covid-19.  LSC, North America's largest book printer declared bankruptcy earlier this year and it's assets are up for sale. Quad’s book printing business is also up for sale, the company had to temporarily shut down  three  book printing plants due to Covid-19. Print book sales were up more than 12 percent in the last 3 months . SCREEN Pulls From Drupa and Moving Wed, 2 Sep 2020 17:31:01 EST Heidelberg, Komori , Xerox and Bobst have all pulled from Drupa     SCREEN Americas announces the decision  to withdraw from participation in drupa 2021. Part of a  growing list of exhibitors who have pulled out of the 2021 show. Screen said they have made this decision based on  precautions after considering the current circumstances of the COVID-19 pandemic and the growing opportunities for virtual experiences provided by new communications technologies ( non print).  Don Black Linecasting Is Closing Down Wed, 26 Aug 2020 19:35:47 EST Don Black beside a Ludlow hot metal typesetter The end of an era.  Don Black Linecasting Service is closing .  After almost 50 years in business Don Black now in his 80's has decided to close down. Probably the largest inventory of letterpress and hot metal type in the world. They  will be  officially closing on September 7 th but have until the end of December  to get rid of  all the inventory , when the lease runs out.