Industry

Japan’s Fujifilm Holdings is to take over Xerox Corp in a $US6 billion deal that will combine the iconic US company with existing joint venture Fuji Xerox to become “a new Fuji Xerox.” Fujifilm plans to cut 10,000 Fuji Xerox jobs in Asia Pacific by March 2020.

Fujifilm’s $6 billion deal to amalgamate Xerox and Fuji Xerox into a new Fuji Xerox business will see ten thousand jobs cut across FX subsidiaries in the Asia Pacific region and is set to shake up the local market.

Supplier DIC Australia has officially announced its September acquisition of Avlo, which specialised in additives, binders, pigments and resins for the surface coatings, adhesives, construction, masterbatch and rubber industries.

Online print pioneer David Kegen and his business partner Jayden Farrell credit Currie Group as being a major factor driving the rapid expansion of CMYK Colour Online’s commercial printing and book-binding business.

Flint Group will increase prices globally on offset and publication gravure inks, coatings and pressroom consumables from March of this year, citing increased costs of raw materials. The company expects larger increases on some specialty products such as silicones and high-performance coatings.

Ad spend in print media is still more than twice that of digital, despite a 15 percent drop year-on-year from 2016 to 2017. In total, the news media sector reported more than $2 billion in ad revenue for the 12 months to December 31, 2017.

Bruce Drummond's Osborne Park-based printer Leader Press has bought out Dennis Booth's nearby Parmelia Print. Both printers have been established in Perth for decades, and are well known in the West's dynamic commercial printing sector.

The Australian edition of Rolling Stone magazine has stopped publication after 46 years following the collapse of its publisher Paper Riot, which went into liquidation last week. The local rock and roll bible – printed by Blue Star, a division of IVE Group - could be picked up by another publisher.

A long-time customer of EFI’s inkjet solutions, Peter Wagener (pictured) of All Flags made the long trip out from Perth to attend Connect and to give his feedback at a customer panel. He has no doubt he’ll be back next year, telling Print21's Jake Nelson it was well worth the trip.

Leading mailing house D&D Mailing Services has purchased Sydney-based competitor Future Sources NSW and will move the operation including ‘selected key staff’ into its Wetherill Park facility.

Australia’s largest envelope manufacturer, Australian Paper, has applied for a Fair Work Commission (FWC) hearing in a bid to end the strike that has entered its third week at the company’s Preston facility and is now hitting major customers.

EFI Connect has wrapped up for another year, with the company marking its 30th anniversary at its users' conference in Las Vegas. The show featured keynotes, product announcements, and breakout workshops to help EFI clients get the most out of their gear and software.

A wealth of printing industry experience informs the well-known industry identity’s latest venture of delivering a CX point of difference. Now he’s stepping out as CustomerCX, an industry consultant for global business brand, Market Culture Inc.

With its existing equipment starting to age, Wyong label printer Mr Sticker needed a new machine that could produce high quality, four colour labels to keep up with demand.

Swiss manufacturing giant Muller Martini has acquired the binding and bookline business of Germany-based Kolbus. The deal includes the global service and spare parts business for all Kolbus bookbinding systems.

Canon Australia is broadening inline finishing solutions for its imagePRESS range in a reseller deal with Plockmatic Group. Two Plockmatic booklet makers will be available to Canon’s Australian customers from February 2018.