R. R. Donnelley & Sons Company announced that its Board of Directors has adopted a stockholder rights plan (the “Rights Plan”). The Rights Plan does not prevent any action the Board determines to be in the best interest of the Company and its stockholders. RRD’s Chairman of the Board, John C. Pope, stated: “The Board believes that given current circumstances, it is in the best interests of stockholders that no one person or group acquire undue influence or control through purchases of RRD stock.” Pursuant to the Rights Plan, one preferred stock purchase right will be distributed as a dividend on each share of the Company’s common stock held of record as of the close of business on September 9, 2019.
The label market is one of the printing industry’s biggest growth segments. The dynamic growth in demand for digitally printed labels in particular continues unabated. Following the global market launch of the Gallus Labelfire 340 digital label press – a joint development by Heidelberger Druckmaschinen AG (Heidelberg) and Gallus based on leading inkjet technology from Fujifilm –, series production is now getting off to a successful start at the Wiesloch-Walldorf site. Initial customers of the new series presses include several companies from the United States.
Heidelberg produces the digital inkjet print engine of the Labelfire in Wiesloch-Walldorf. The company’s entire digital printing portfolio will also be manufactured here in the future. The base unit of the new press is made by Swiss subsidiary Gallus at its German production site in Langgöns. The system is designed to meet growing demand for the cost-effective production of short, medium, and versioned label runs.
“The requirements related to quality, flexibility, and speed are getting even more demanding in label production,” says Stephan Plenz, member of the Management Board responsible for Heidelberg Equipment. “With the Gallus Labelfire, we’re leading our customers into the digital future with the growing label market. The considerable interest confirms we’ve adopted the right approach,” he adds.
more at: https://www.heidelberg.com/global/en/company/press_1/press_release/press_release_details/press_release_68416.jsp