The brand-new, next-generation, single-pass EFI™ Reggiani BOLT textile digital printer from Electronics For Imaging, Inc. made its debut this week during an open house event at the EFI Reggiani facility in Bergamo, Italy. The advanced, ultra-high-speed digital single-pass printer has the potential to revolutionize the textile printing market, providing users with high uptime and reliability, outstanding performance, superior printing uniformity and accuracy, long printhead life and minimal maintenance needs. The EFI Reggiani open house has created huge interest in global textile market opportunities, with nearly 300 customers and journalists attending to see the new BOLT in action. “The innovative development of our new single-pass printer comes from Reggiani’s speed of innovation in digital textile printing, its 70 years of history, and our proprietary knowledge of high-volume analog rotary printing,” said EFI Reggiani Vice President and General Manager Adele Genoni. Click read more below for additional detail.
R.R. Donnelley & Sons Company announced that its West Chester, Ohio facility has completed the Graphics Measures International (GMI) Compliance Certification for flexographic processes. This new certification is in addition to RRD’s lithographic process certification for cartons and extensive quality and regulatory certifications that it holds across its facilities worldwide. “Our clients are increasingly seeking a full-service partner that can execute all of their marketing and business communications needs while adhering to the strictest of quality, compliance and regulatory standards,” said John Pecaric, President of RRD Business Services. “We are continually seeking ways to provide our clients with an even greater level of quality assurance, recognizing that everything we produce is an important extension of their brand. This GMI Compliance Certification provides our clients with an additional level of assurance that each of their labels and packages will be produced with strict color accuracy and consistent quality.” Click read more below for additional detail.
Around 25 percent of all printed products are packagings: a huge market that, with an average of approximately three percent annually, is the market segment with the strongest growth in the industry. International brands do have the most demanding quality standards on advertising and product staging. Trends such as ever declining runs, faster innovation cycles, shorter delivery times, increasing cost pressures, falling margins, more embellishments, zero defect production, and customized packagings must be kept in mind. Heidelberger Druckmaschinen AG (Heidelberg) is the only manufacturer to enable new business models for packaging printing, such as supply on demand or web to pack, by integrating offset and digital printing, including postpress via the Prinect workflow. The two technologies are perfect complements – offset printing is perfect for longer runs, while digital printing shows its strengths when it comes to shorter runs and jobs involving variable data. Lifecycle Solutions with Saphira consumables and services are an essential part of Heidelberg’s solution offering for achieving top quality, productivity, and production reliability. Saphira has established itself as a quality brand in ten years. Click read more below for additional detail.
In a feature story published by the Tribune last week, employees praised the open-door policy of senior management and their responsiveness to employee needs. Staff turnover is low, with 30 percent of all team members on the job at least five years and another 20 percent with 10 or more years of service. Truman Pope, head of ALitho’s binding, finishing and lettershop operations, cited the partnership of company founders Mike Fontana and Chris Joyaux in improving operations. “It’s easy to talk to them. They listen and ask: What do we need? How do we make it better?” Fontana and Joyaux started American Litho in 1994 in a 10,000-foot space in Addison, Illinois. The company’s earliest projects were direct-mail letters and simple brochures. Click read more below for additional detail.
Congratulations to Classic Color for winning the 2018 Printer of the Year competition. Classic Color won 2018’s top industry honor with its Books category entry: “Baron Wolman Presents: The Rock & Roll Revolution”—a stunning collection of images by the iconic Rolling Stone photographer, Baron Wolman. A round of applause for this year’s Gold Winners: ACTIVATED PRINT Geographics, Inc.; BOOKS Classic Color; BROCHURES Hemlock Printers Ltd.; CATALOGS Nahan Printing, Inc.; CATALOGS/SHEET Adams Lithographing Company; DIGITAL Dreamworks Graphic Communications, LLC; DIRECT MAIL Sandy Alexander, Inc.; GENERAL BP Media, Inc.; MAGAZINES/SHEET Brilliant Graphics; MAGAZINES/WEB Panaprint, Inc.; PRINTERS OWN PROMO Classic Color. Click read more below for additional detail.
At the beginning of October, the packaging print shop Warneke Paper Box invited more than 60 visitors from the USA, Canada and Mexico to Denver for an open house, where it showcased the new Primefire 106 and its impressive capabilities. Warneke’s Primefire is the first digital printing system in B1 format in the USA and worldwide is the first standard-production machine delivered by Heidelberger Druckmaschinen AG (Heidelberg) in July (see press release from 31 July 2018). The Primefire prints top quality with a resolution of 1200 x 1200 dpi, and boasts a wide color gamut and stable color consistency. “The print quality of the Primefire 106 is unlike anything else I’ve seen, and satisfies all my criteria for a digital platform,” confirms Stacy Warneke, President and CEO of Warneke. Steve Huppert, Vice President and COO of Warneke added: “We can also migrate everything we’ve printed so far on our Heidelberg offset presses to the Primefire 106. The new digital business models, customizations, and personalizations enable us to generate added value for our customers, and we expect that the Primefire will account for 25 percent of our sales volume in the future.” Click read more below for additional detail.
Mr. Jacques Grégoire, President of TC Transcontinental Printing, received the John A. Young Lifetime Achievement Award last night at the Canadian Printing Awards hosted by PrintAction magazine and Annex Business Media in the presence of some 250 industry leaders gathered at the Palais Royale in Toronto. “We are very proud, and I am speaking here on behalf of the Marcoux family, of TC Transcontinental and in my own name, of this distinguished recognition bestowed on Jacques Grégoire at the Canadian Printing Awards last night,” said François Olivier, President and Chief Executive Officer of TC Transcontinental. “For over 30 years, Jacques has deeply invested himself alongside our founder Rémi Marcoux and our teams to realize the exceptional entrepreneurial achievement that TC Transcontinental Printing is today. Throughout all of these years, Jacques worked to instill hundreds of employees and collaborators with the pride of contributing to the development of our North American printing platform. This distinction also reflects positively on all of our employees and, for that, we would like to thank him.” Click read more below for additional detail.
The Manhattan-based printer recently acquired two Xerox Iridesse® Production Presses, giving it the high-quality color output and digital embellishment capabilities it needs to enter new markets and pursue 20 percent annual growth targets. “When we saw the Iridesse, we knew it was the perfect fit for our operation – so much so that we purchased two,” said William B. Contessa, who acquired the company in January this year. “It was an easy decision as the press enables us to credibly go after key industries, such as advertising, and opens up new applications for our existing customers.” About 80 percent of the Fitch Group’s business is with financial firms, processing sensitive financial data to produce Securities Exchange Commission filings, prospectuses and various financial reports and documents – much of it as monochrome output. While the company also produces color books, booklets and marketing materials, the new leadership team is expanding capabilities and looking to break into new markets with high-end color printing. Click read more below for additional detail.
Financial and Business Highlights • Gross revenue was $270.9 million in the third quarter of 2018, a decrease of 6% compared to $288.5 million in the third quarter of 2017. Excluding currency impacts, third quarter gross revenue decreased 5% compared to the same period of last year. Year-to-date gross revenue was $827.4 million, a decrease of 1% compared to $833.0 million in the same period of 2017. • Gross profit (net revenue) was $64.0 million, or 23.6% of gross revenue in the third quarter of 2018, compared to $71.9 million, or 24.9% of revenue, in the same period of last year. Excluding the impact of an inventory writeoff related to our retail environments business, our gross margin was 24.0% in the third quarter of 2018. • Net loss for the third quarter of 2018 was $(44.9) million, or $(0.87) per diluted share, compared to net income of $7.1 million, or $0.13 per diluted share in the third quarter of 2017. Third quarter net loss includes goodwill and intangible asset impairment charges of $41.9 million. Click read more below for additional detail.
Allen Press, Inc. was honored with 16 awards at the 2018 Gold Ink Awards presented by Printing Impressions. The Gold Ink Awards are known as one of the print industry’s most prestigious competitions with over a 100 companies competing in nearly 50 categories, including commercial printing, magazines, books, catalogs, digital printing and packaging. “The Gold Ink Awards signify some of the best printers in the world. Winning 16 awards not only confirms our world class print quality, but is a direct reflection of our high-tech, modern pressroom and the extensive knowledge and experience of our team,” said Allen Press Executive Vice President, Maria Preston-Cargill. Allen Press has significantly expanded its new printing technologies and capabilities to be the Midwest’s most versatile full-service commercial printer. Click read more below for additional detail.