Goss International's parent company, Shanghai Electric Corporation (SEC), has entered into a definitive agreement to sell Goss International and its subsidiaries to American Industrial Partners (AIP). The agreement forms part of a broader strategy to further strengthen Goss' position as the world’s leading web-offset printing press supplier.
The Department of Education is about to approve a $30 million contract with Amazon to create an e-book marketplace for New York City's 1,800 public schools. The Amazon deal will be one of the D.O.E.'s most expensive contracts and one of the city's few significant deals with a leading technology company.
Canon Solutions America has established an Advisory Council in an effort to understand the changing customer requirements surrounding Managed Document Services, allowing it to capture customer requirements, evaluate technologies and strategies, and solicit feedback directly from customers.
A live Webinar will be hosted by Avanti Computer Systems in advance of GRAPH EXPO 15 to offer a "sneak peek" of the latest features of its Avanti Slingshot. The full suite of enhancements will be unveiled live at the trade show, which takes place Sept. 13-16 at McCormick Place in Chicago.
Cimpress N.V. has announced financial results for the three month period ended June 30, 2015, the fourth quarter of its 2015 fiscal year. "Our fourth quarter and full year fiscal 2015 performance reflects the great strides made in service of the strategy we communicated at our August 2014 investor meeting," said Robert Keane, president and CEO.
Aided by the same USDA program that helped milk companies produce the "Got Milk?" ads, paper and packaging manufacturers have launched a multimillion dollar ad campaign to remind the digitally revolutionized how paper can, as the marketing verse puts it, "solve problems," provide "an outlet for our creativity" and "connect us in personal, meaningful ways."
The Postal Regulatory Commission has issued Order No. 2623 to address issues presented in the exigent rate case that was recently remanded to the Commission by the United States Court of Appeals for the District of Columbia Circuit—Alliance of Nonprofit Mailers v. Postal Regulatory Commission, 2015 WL 3513394 (D.C. Cir. June 5, 2015). Order No. 2623 authorizes the Postal Service to collect an additional $1.191 billion in contribution as an exigent rate adjustment.
Julie Shaffer, vice president, Digital Strategies, will present two sessions at GRAPH EXPO 15 in September. Titled Print FUTURE SHOCK: Interactive, Integrated—Even ELECTRIC! and 3D for Commercial Printers: Your NEXT Print Profit Pathway!, these seminars will be particularly beneficial to business owners, production managers, sales managers, technology specialists and designers.
Domtar Corp. has reported net earnings of $38 million for the second quarter of 2015 compared to net earnings of $36 million for the first quarter of 2015 and net earnings of $40 million for the second quarter of 2014. Sales for the second quarter of 2015 were $1.3 billion. "Our pulp and paper business performed largely in-line with expectations. Our operations ran well despite the seasonally high level of scheduled maintenance at our mills," said John Williams, president and CEO.
After completing a 12-month Performance Plus program through Heidelberg, Think Patented was able to increase its average performance by 20 percent and reduce makeready waste by 50 percent. The program saved the business more than 620 production hours, resulting in a total savings of $237,720. "It was crucial to identify training gaps, [and to] resolve applications and process issues. We have better printers and quality processes as a result," said Niels Winther, chairman and managing partner. "We are happy with the outcome of our [Performance Plus] efforts."
For its second quarter 2015 financial results, Pitney Bowes has reported a revenue of $881 million, a decline of 4 percent on a constant currency basis and a decline of 8 percent as reported. Revenue declined 3 percent versus the prior year when adjusted for the impacts of currency and the divestiture of certain European revenue streams in the prior year.
Two of the 10 overall 2015 InterTech Technology Awards went to Kodak for its Kodak Prosper 6000 presses and newly-launched NX advantage for the Kodak Flexcel NX system. These two 2015 InterTech Technology Awards mark Kodak’s 39th and 40th overall InterTech Technology Awards to date. "The quality, speed and agility at which both the Prosper 6000 presses and Flexcel NX system produced prints really captured the judges attention,” relayed Mark Bohan of Printing Industries of America.
An expanded partnership between EFI and Ricoh Americas has made the EFI Self-Serve M500 Copy and Print Station and EFI Self-Serve AdminCentral software available with select Ricoh devices. This allows universities, libraries and other organizations to offer efficient walk-up printing services.
At GRAPH EXPO 15 booth #435, showgoers will be able to see first-hand how light affects color and the value of viewing color under standard lighting conditions. GTI Graphic Technology will be showcasing its color viewing solutions, including Soft View SOFV-1xiQ, EVS Executive Viewing Station and more.
The C941e digital color printer and the pro900DP digital envelope press are just two devices that will be demonstrated by OKI Data Americas at the Minuteman Press World Expo from July 29-Aug. 1 in Las Vegas. The C941e is a new, full-color device with an optional EFI XF server or Harlequin raster image processor. The pro900DP digital envelope press features an embedded EFI Fiery System 8e Controller with SmartRIP technology.