Europe

Printers, converters, and others seeking technology for high-precision cutting in both sheet-fed and web applications will be able to see the newly released Spartanics Finecut Hybrid Roll/Sheet Laser Die Cutting Machine at PRINT 09, September 11–16, Booth 3619.

QuadTech, Inc., today announced an agreement to become an authorized sales agent for PROCEMEX-PRINT web monitoring products in North, Central, and South America. Based in Jyväskylä, Finland, Procemex Oy Ltd. is recognized as a pioneer in camera-based web monitoring. Procemex technology involves using video cameras to monitor various locations on the press line for events such as web breaks.

Shanghai Electric (Group) Corp. (SEC) and the shareholders of Goss International Corp., including majority shareholder MatlinPatterson Global Opportunities Partners, have reached an agreement for the utility and equipment manufacturing conglomerate to become the second largest shareholder of the printing equipment supplier by acquiring newly issued shares of Goss International preferred stock. This transaction is currently under governmental review for final approval and is subject to other customary conditions to closing.

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