Worzalla Publishing has purchased a Sunday 2000 web press for its facility in Stevens Point, WI. To meet the growing demand for book production the company consulted with imPRESSions Worldwide who is supplying and installing the commercial press. The eight-unit press will be installed with Contiweb SC splicers and ECOCOOL gas dryers with chills, both PCF1.1 and PFF2 folders, QTI auto-registration and Omnicon press controls. Worzalla specializes in the production of quality printed books. The Sunday 2000 series press is extremely flexible with the ability to print on the widest range of paper stock with the most efficient use of technology, while allowing for less waste and be a greener option for printers. The Sunday platform is used in all areas of web offset printing including catalog, magazine, direct mail, commercial printing, and packaging. With the addition of this press, Worzalla has the capability to expand to meet the growing needs of the US book publishing industry.
Digital inkjet roll-to-roll UV LED printers from Electronics For Imaging, Inc. continue to deliver innovations for superwide-format graphics production printing, and they have now achieved an important certification for the quality and durability of prints used for décor applications. EFI™ roll-to-roll UV LED printers have earned a Type II certification for wallcoverings based on The Wallcovering Association W-101 and ASTM F793 standards. Wallcoverings submitted to gain the certification were printed and tested on the 20 oz. DreamScape® line of wallcovering base material from Rockaway, N.J-based Roysons™. The Type II certification is an indicator for quality, safety and durability of wallcoverings and, unlike other Type II certifications for digital inkjet printers, EFI’s new certification covers wallcoverings produced without lamination or coating. “These certifications should assure print service providers that the product they can produce meets all of the critical regulatory aspects of a true commercial wallcovering,” said Roy Ritchie, Jr., president of DreamScape. “In addition, EFI customers who print on DreamScape base wallcoverings can enjoy increased efficiency and productivity, since they do not require the additional step of coating or lamination to reach this level of durability. DreamScape has worked closely with EFI for several years and it is easy to recommend their advanced and versatile roll-to-roll machines.”
Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), a leader in industrial and commercial printing and packaging solutions, is pleased to announce the installation of its AccurioJet KM-1e LED UV Inkjet Press and MGI JETvarnish 3DL Press at Marathon Press. Located in Norfolk, Nebraska, Marathon Press is a marketing services company positioned to help business grow business. Marathon Press offers full-color digital printing, email marketing, graphic design, web to print online ordering, and specializes in printing yearbooks, children’s books, photo books and specialty books. The company is also a wholesale outsource provider for other printing companies and online photo businesses. Its capabilities include high-speed hardcover book production, PUR perfect bound, layflat books, flush mount books, albums, large format lamination, and with the addition of the Konica Minolta KM-1e and MGI JETvarnish3DL, a vast array of press and finishing options.
*Revenue was $45.1 million lower than the previous year. 2021 results reflect a full quarter of the impact of the COVID-19 pandemic, while prior year results were not affected until late in the first quarter. The impact is reflected primarily in the Promotional Solutions, Cloud Solutions and Checks segments. *The Payments segment delivered revenue growth of 3.2 percent over the previous year, lapping the impact of two large wins in the same period a year ago. *Net income of $24.3 million was impacted by COVID-19 but benefitted from various cost saving and efficiency programs across the company. *Cash flow from operations for the first quarter of 2021 was $39.6 million and capital expenditures were $21.7 million. Free cash flow, defined as cash provided by operating activities less capital expenditures, was $17.9 million, an increase of $5.7 million as compared to 2020, largely attributable to working capital improvements.
HP Inc. and Cimpress, the world leader in mass customization, announced a multi-year, strategic agreement for a large-scale investment in next-generation HP Indigo digital presses to grow the online personalized print product market. HP Indigo’s largest customer globally, Cimpress will deploy a fleet of new HP Indigo digital presses over the next two years, primarily the B2-format HP Indigo 100K Digital Press engineered for breakthrough productivity. The new technology is aimed at providing additional revenue for the company’s brands and improved efficiency across its global manufacturing operations. Cimpress’ worldwide businesses, including Vistaprint, serve tens of millions of customers every year by making personalization convenient and affordable, producing unique products that have the reliability, quality and affordability of mass produced goods.
Copresco has installed a General Binding Corporation G2 punch to expand its binding capabilities for digitally printed books, manuals and publications. “Combined with our Konica Minolta press, the GBC G2 provides professionally printed, punched and ready-to-bind documents—in one easy step,” notes Copresco President Steve Johnson. With the new punch, along with two existing James Burn AlphaDoc punches, Copresco now has the option of preprint, inline, or post press punching for maximum flexibility and faster turnaround of loose-leaf, plastic coil and double loop wire bound books. “This assures that even with our growing production volumes Copresco will honor its Copies Overnight commitments,” Johnson says.
*Net Sales — Net sales were $706 million in the first quarter of 2021, down 14% from the same period in 2020, primarily due to the economic impact from the COVID-19 pandemic, and ongoing print industry volume pressures. The first quarter decline represents a third quarter of sequential revenue improvement during the pandemic, as compared to a 21% decline in the fourth quarter of 2020, a 28% decline in the third quarter of 2020 and a 38% decline in the second quarter of 2020. *Net Earnings (Loss) From Continuing Operations — Net earnings from continuing operations were $10 million or $0.19 diluted earnings per share in the first quarter of 2021, an increase of $19 million compared to the first quarter of 2020, which recorded a net loss of $9 million or $0.17 diluted loss per share. *Net Cash Provided by Operating Activities — Net cash provided by operating activities increased by $28 million to $73 million in the first quarter of 2021, as compared to $45 million in the same period in 2020, primarily due to improvements in working capital.
With the shrunken American book printing industry enjoying a revival, Wisconsin's Worzalla, an employee-owned book printer specializing in high-quality children’s books, cookbooks, and hardcovers that services many of the country's largest publishers, has begun the final phase of a three-part effort to expand its printing capacity. The last round of upgrades features a $10 million investment that covers the addition of a new casemaker with a wide range of casemaking applications and a non-stop case feeder for cutting and making covers of books. Worzalla has also purchased a Goss Sunday 2000 32-page Double Web Press that provides a broad range of print formats and page configurations. Installation of the press is expected to be complete later this year, and is projected to increase Worzalla’s large book format capacity by 30%. Over the last several years, the company has spent more than $30 million on new manufacturing equipment. In addition, Worzalla is looking to hire 40 new employees for a range of positions.
Commercial printers are well aware of the benefits of offering package printing, and are taking action to add it to their service offerings. Many factors are removing entry barriers and accelerating commercial printers’ migration into packaging. Ongoing progress in technology innovation, digital printing, early adopter successes, process simplification, customer demands, and fierce competition are all forces enticing and enabling commercial printers to offer labels and other types of packaging. Labels, folding cartons, corrugated containers, and flexible packaging are all print applications typically in high demand and cannot be easily replaced by digital media. A recent NAPCO Research survey of brand owners reveals packaging is a growth opportunity. More than half of brand owners participating in the survey report increasing use of labels, folding cartons, corrugated packaging, and flexible packaging (Figure 1). While this survey was conducted prior to the COVID-19 pandemic, NAPCO Research’s ongoing 2020 print provider surveys tracking business conditions indicate packaging has been a resilient application.
Ennis, Inc. announced Jeff Monarch as the new General Manager of PrintXcel, located in Fairhope, Alabama. PrintXcel has more than 50 years of experience in printing products and services including checks and forms, direct mail, label form products, multipart mailers, online ordering and print procurement solutions and more. Jeff has been at the PrintXcel facility in Fairhope, Alabama for 31 years. He started in 1990 as a bailer, then became a press operator, and in 2006, he was promoted to Production Manager. In his new role, he will utilize his experience to continue to evolve and grow the business.