Someone could easily author a book documenting all of the consolidation that's occurring within the book manufacturing industry. And now, reports from news outlets in Michigan that Thomson-Shore, located at 7300 W. Joy Rd. in Dexter, filed for Chapter 11 bankruptcy protection on March 25 in the Michigan Eastern Bankruptcy Court adds yet another chapter to the consolidation saga. According to a report in Crain's Detroit Business and a legally mandated WARN (Worker Adjustment and Retraining Notification Act) filing with the state of Michigan, all 177 employees at the short- to medium-run digital and offset soft cover and casebound book printing operation will be let go on May 6. However, less than half of the existing workforce will be rehired should a tentative agreement for Brainerd, Minn.-based CJK Group to acquire Thomson-Shore's assets come to fruition once the Thomson-Shore bankruptcy filing receives court approval. Click Read More below for additional detail.
Electronics For Imaging, Inc. (Nasdaq:EFII) today reported that Campus Digital Imaging Ltd. has invested in an EFI™ VUTEk® 3r superwide-format roll-to-roll LED inkjet printer. The new printer, which was installed in Q4 of 2016, has already generated new business for the Rishon LeZion, Israel-based company.
“It’s faster than the three machines it replaces combined,” said Rami Cohen, General Manager at Campus Digital Imaging. “New customers usually ask how soon we can deliver before sending us their order. That often amounted to two or three days. Now we can offer same-day delivery or the day after at the latest.”
The new printer offers the fastest speed and the highest resolution available among 3-meter graphics printers in its class. Plus, the printer offers best-in-class integrated material finishing and workflow options. Campus Digital Imaging chose the EFI VUTEk 3r for its speed, its technical superiority and because EFI quickly turned out to be a very reliable and credible business partner.
“It immediately became clear they have a lot of experience with inkjet printing,” Cohen said. “They have a thorough knowledge of the market as well and are eager to share it with you. EFI offered a lot of tips to grow my business with this new machine, many of which I’m already implementing.”
The company specializes in printing point of purchase (POP) displays and window branding for retail, and provides wide-format printing, production and installation services all over the country. Its customers include large retail companies, health maintenance organizations, hi-tech and pharmaceutical companies, etc.
Substrates the company currently handles include magnetic paper, textile, vinyl, PVC, polypropylene, flags and paper. While the cooler operating temperature of the LED-based EFI VUTEk 3r printer will enable Campus Digital Imaging to offer customers an even larger range of printable substrates, its standard media saving feature, the Media Saving Wizard, will reduce waste. Because POP displays are typically viewed from a close distance of three feet or less, Cohen and his team also made sure that the new printer’s resolution, color gamut and color fidelity were as good as the devices it was due to replace – a pair of 1.6m solvent inkjet printers and a sublimation textile printer.
more at: http://files.shareholder.com/downloads/ABEA-43405G/3872345327x0x924552/EFB24BEF-8C4F-4792-A83F-B79E4498F326/EFI_Campus_VUTEkR2R_release_final.pdf