Part of one of Australia's biggest print jobs will be put on pause from this week, as supermarket giant Woolworths halts its catalogue printing for at least 12 weeks in areas where it has higher digital engagement. Ovato will still be printing 5.5 million copies a week. Read more
Print giant Ovato has passed the first hurdle in its restructuring plan, gaining court approval to present its plan to take the company forward from its current difficulties to its creditors and members, with a vote in a fortnight's time.
Soar Print is celebrating 100 years in business, with the occasion marked by a surprise party for the owners Tui, Fred and Vicky Soar and Jenny Carter by the staff, for the company which began operations in November 1920. Soar was established by the grandfather of the current managing director Fred Soar, who began by printing business cards and ferry timetables.
HP Indigo is supplying the world’s leading online retailer of personalised products Shutterfly with a new fleet of more than 60 digital presses in landmark deal, in what is biggest the HP customer rollout to date.
Rising sales of its offset presses to Chinese printers in July–September enabled press giant Heidelberg to recover from a first quarter slump, although it still recorded a half yearly sales total of 28 per cent lower than the same period last year.
Print giant Ovato is closing its main Victoria print plant at Clayton, with the loss of 300 jobs. It is also raising an additional $40m in cash through a rights issue, and it is asking suppliers to take a 50 per cent haircut on their outstanding invoices.
Queensland print group Greenridge is buying POS, digital and offset outfit Ultra Print, as it follows its growth through acquisition strategy, which has seen it buy several print businesses in recent years.
The reality of the Covid crisis on print hit home this afternoon as industry giant Ovato decided to close its Clayton print plant, with the loss of 300 jobs, a quarter of its workforce, in order it said, to safeguard the future of the company.
The Real Media Collective has released 2020 data showing the highest catalogue readership remains firmly in print, despite lockdown halting the channel being delivered to letterboxes during Covid-19.
Revolution bought one of the first Konica Minolta AccurioJet KM-1 B2 sheetfed inkjet printers in the country, and among other applications is using it to create a new market in short run luxury printing, with the embellishment on its MGI-3DS digital system.
The mighty Goss web offset press line is now history, with manroland Goss Web Systems completing the integration of Goss into manroland, meaning there will be no more M600 and Sunday presses.
Henryk Kraszewski at Ricoh says the continuous feed Ricoh Pro VC70000 inkjet web is designed to work in the commercial print field, saying it has the capability to produce much of the work that is currently on offset presses.
Canon Australia has launched the imagePress C10010VP series, comprising two new digital colour press printer models, which it says are designed to drive versatility, high-quality imaging, and productivity for high-volume print.
128950489 Pty Ltd (formerly known as Express Print & Mail Pty Ltd) owner Matthew Chadwick sold the business, assets, and brand to a new company owned by his mother Wendy Chadwick for $177,000, a month before putting the company that owned the business into liquidation.
IVE Group and Australian Community Media (ACM) have entered into a five-year $100m contract for IVE to print and distribute publications currently published and managed by ACM. IVE will also acquire ACM's Mandurah print plant, giving it its first print site in WA.
Innovative finishing equipment developer Horizon – supplied in ANZ by Currie Group – is opening its new 10,000sqm Innovation Park with a virtual Smart Factory exhibition, beginning next week.
Sydney general commercial printer Arrow Print installed a new fully-optioned HP Indigo 7900 just before Covid hit and is now reaping the rewards of its metallic printing ability.