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.
Oil fell, compounding a monthly decline, after U.S. crude inventories were said to rise by more than expected.
Futures in New York fell 0.6 percent, set for the first monthly drop since February. On Wednesday, the American Petroleum Institute was said to report a 1 million barrel increase in crude stockpiles, double the gain forecast in a Bloomberg survey of analysts. Prices have declined about 4 percent since Saudi Arabia and Russia last week proposed to phase out supply curbs by OPEC and its allies.
Oil had surged earlier this month — with benchmark Brent climbing above $80 a barrel — driven by Donald Trump’s decision to renew American sanctions on OPEC member Iran and as Venezuelan output plunged amid an economic crisis. More recently, prices have been weighed down by concerns over the Saudi-Russia plan to revive output, as well as fears over U.S.-China trade frictions and European political turmoil.
more at: https://www.msn.com/en-us/finance/markets/oil-slips-as-us-crude-inventories-show-signs-of-increasing/ar-AAy2P5m