Former Printing Industries Association of Australia CEO Dr Chris Peters AM has died following a long battle with cancer.
Former Printing Industries Association of Australia CEO Dr Chris Peters AM has died following a long battle with cancer.
The country’s biggest printer PMP saw its razor thin $4.6m net profit after tax of last year’s first half turn into a loss this year of $24m, in a bleak set of figures, although the markets weren’t unhappy, shares rose 7.5 per cent today.
Brisbane B1 printer Cynergy is the latest printer to fold, going into receivership, in what is already a horror month in the industry.
KBA has completed its large format line up with the launch of the new KBA Rapida 164, which succeeds the Rapida 162 and 162a series.
Japanese ink manufacturer Toyo Ink and Australian distributor JL Lennard have ended their supply agreement for Australia.
The Allkotes embellishment GlitterKote is now available in a range of colours, in addition to the silver and gold formats that it was initially launched in.
Anger levels in the print industry are at an all time high as printers face the possibility that Geon may be resurrected, without any of its debts, in what appears to be a classic Phoenix play.
Geon's paper supply is looking increasingly difficult, with two the big three merchants ceasing supply, and the third considering its position, with the merchants mindful not only of the cash they are owed, but also industry reaction to their decisions.
Stephen Anstice, CEO of the country’s second biggest print business IPMG is considering a move to boycott suppliers who do business with a revived debt-free Geon.
KKR is the company behind the purchase, receivership, and possible debt-free repurchase of the nation's biggest sheetfed printer and it has a long history in the heady world of financial engineering.
2012 produced challenges, achievements, and more than a few changes for the industry. New PrintNZ manager Ruth Cobb reviews an eventful year |
Queensland based jobbing outfit Payne Print believes that investing in new technology is key to keeping ahead, and has just taken delivery of a new single-colour GTO |