Electronics For Imaging, Inc. today announced it will move to a brand-new facility in Londonderry, N.H., to house its US Inkjet business. The facility, which will be nearly a quarter-million square feet in size with room for additional expansion, is scheduled to be completed in early 2018. The facility will offer very close proximity to the Manchester-Boston Regional Airport, which is less than one mile away. The new EFI™ Inkjet center will allow consolidation of operations into a single facility and include research & development, manufacturing, warehousing, training and service for EFI VUTEk® and EFI Wide Format printers, along with worldwide sales and marketing management for EFI's broader portfolio of narrow, wide- and superwide-format industrial inkjet printers and presses. A new, state-of-the-art customer briefing and demo center in the facility will house EFI Inkjet production printers for signage and graphics, textile and label applications, along with related EFI Productivity Software and EFI Fiery® digital front end workflow products.
Saudi Arabia proposed that OPEC and key allies such as Russia cut crude oil production by one million barrels per day. Crude oil prices fell on fears that such a smaller-than-expected reduction would not be enough to reduce global oversupply and prop up futures.
The OPEC meeting has not settled on a crude oil production cut figure, Saudi Minister Khalid Al-Falih told reporters. But as OPEC’s de facto leader, Saudi Arabia’s proposal gives a strong indication of what the final decision will be.
On Wednesday, Russia agreed to take part in a six-month reduction after Saudi Arabia said it wouldn’t stand alone with output cuts.
But OPEC and non-members couldn’t agree on the size of the cut.
more at source: https://www.investors.com/news/opec-meeting-crude-oil-production-cut-oil-prices/