- A 10% decline in HP's Imaging and Printing Group (IPG) revenue contributed to a sobering Q2 for the printer, PC, software and enterprise company, which reported a 3% drop in turnover to $30.7bn (£19.6bn).
- US book publisher Houghton Mifflin Harcourt (HMH) has moved quickly to secure funding after filing for Chapter 11 bankruptcy early this week. This means that many of its unsecured creditors - including printer RR Donnelley and print manager Williams Lea - will likely be paid some, if not all, of the millions of dollars owed them.
- Memjet went into Drupa earlier this month with a handful of mid-size print equipment partners, including Delphax for its waterfall inkjet technology. But it was also facing scepticism on whether its single pass digital solution was economically feasible on a large scale.
- Following a recent large investment in large-format equipment, FedEx Office has commissioned and released a new survey finding the true power of signage in driving small business.
- Traditional commercial printer RPM Solutions has found a new niche to rebuild its business: short-run, small carton packaging.
- Digital offset printing equipment supplier Presstek managed to squeeze out $500,000 Q1 EBITDA, as cost cutting helped offset a 13.9% sales decline compared with the same period last year to $27 million.
- Following a few successful installations in the US, Israel-based MTL Print is setting up offices in Atlanta as it formally enters the North American market with its Meital 304D digital flatbed press for packaging, signage and wide format printing.
- Ricoh Productions Print Solutions has completed one of the largest color equipment/solutions deals in its history with Atlanta-based commerce and payment processing firm First Data.
- Houston-based Consolidated Graphics (CGX) had a bit of a mixed week, creating a splash at drupa by announcing the purchase of 11 new HP Indigo 10000 digital presses, while reporting a loss in its fourth quarter results on a nearly 3% decline in revenue.
- Columbus, IN-based Pentzer Printing has completed the install of a Xerox Color 800 from Fujifilm North America's Graphic Systems Division and is now using it to migrate many of its customers from offset to digital.
- RR Donnelly & Sons managed to boost its Q1 profit by 10% over the same period in 2011 to $37.4m, despite a more than 2% decline in revenues to $2.52bn as cost cutting helped offset declines in its US Print and Related Services business.
- Seven months after their very public legal feud, Cincinnati-based Collins Ink this week formally ended their agreement to supply Versamark ink to Kodak--but couldn't resist a few parting shots.
- Consolidated Graphics (CGX) held its third annual Emerge conference in New Orleans last month, with much of the focus was on top-level announcements such as a joint venture with Asian printer Yamagata Corp.
- The latest Semper International survey on US commercial print hiring and profitability revealed slow sales in February and March, but a strong rebound in early April amid growing optimism for the spring.
- Las Vegas Color Graphics (LVCG) has expanded into the US Midwest, as it looks to leverage its expertise in managing and running print based loyalty programs in Las Vegas to target the growing number of casinos and resorts.
- Xerox saw its Q1 revenues rise slightly over the same period in 2011 to $5.5bn, while pre-tax profit declined 11% to $313m as the company continued its shift from a hardware/technology provider into enterprise services such as print outsourcing.
- Houston-based Consolidated Graphics (CGX) this week announced a partnership with San Francisco-based Blurb to enable its nationwide network of commercial printers to create custom-bound publications from a simple design-to-print workflow interface.
- FedEx Office has partnered with Google to provide small businesses and mobile professionals with the ability to transform digital files into hard copies via Google Cloud Print at more than 1,800 FedEx Office stores nationwide.
- Book printer Integrated Book Technology (IBT Global) has merged with Hamilton Printing Company to create a company with more than 160 employees with almost $30 million in annual revenues.
- Kirkwood Holdings has bought digital printer Nu Graphics for an undisclosed sum as part of a strategy to boost its digital footprint.
