After three years of hard fought legislative sessions, the Great Lakes Graphics Association is pleased to announce that the Illinois Graphic Arts sales tax exemption has finally been restored. Because of GLGA’s efforts in Springfield, the Graphic Arts sales tax exemption became part of the Illinois Manufacturing Machinery and Equipment exemption. The amendment was part of the Illinois state budget bill, which was approved on July 6, 2017, by a state Senate vote overriding a veto by the Illinois governor. The law now establishes a permanent sales tax exemption for graphic arts and printing equipment, which at a minimum is equal to $6,254 for every $100,000 spent on covered equipment. Graphic arts equipment is defined in Illinois as “graphic arts machinery and equipment, including repair and replacement parts, … and includes chemicals acting as catalysts [that] effect a direct and immediate change upon a graphic arts product.” The exemption was effective July 1, 2017. Click Read More below for more of the story.
How do you maintain your annual double-digit growth after going from zero to $3.5 million in revenue in your first eight years of business? For Denver-based i3logix, the answer is to target a new market for transactional printing with a pair of new presses: the Xerox Rialto® 900 Inkjet Press and the Xerox Versant® 3100 Press.
“With these two presses, we’re able to move confidently into this new market and maintain our 20 to 25 percent annual growth rate,” said Steve Wolffis, vice president and general manager of the i3output division of i3logix. “The Rialto, in particular, is a great fit for us.”
About 80 percent of the i3logix print business is direct marketing—mostly letter packs and postcards—with brochures, newsletters and other marketing materials making up the rest. The new Xerox Rialto press has two-and-a-half times more color capacity than the color continuous feed device it replaced, enabling the new press to produce current applications while easily supporting expansion into the transactional space.
Wolffis chose the Rialto after a year-long search revealed that many competitive inkjet presses were too expensive and needed more volume to be profitable than i3logix plans to generate. “The Rialto had the right monthly volume (1.5 to 5 million impressions), lower operating costs than other products I looked at, and better color quality and consistency than the press it replaced,” he said.
Along with the Rialto, i3logix acquired an inline dynamic perforator, which cuts production time by as much as 25 percent on perforation jobs, and a second stacker, which also boosts productivity. The Versant 3100 adds capacity and provides printing on 12- by 18-inch sheets, coated stock, and envelopes.
i3logix has offered printing services since 2009 and has been a Xerox customer since 2014. It has two other presses: a Xerox Color 1000 Press and Xerox Nuvera® 120 EA Production System. “We’re now a 100 percent Xerox shop, and there’s a reason: because they’ve offered us the best deals and delivered the best service,” Wolffis said.
read more/source: https://www.news.xerox.com/news/i3logix-acquires-two-Xerox-presses