- Xerox cited weakness in its Document Technology business, which includes the iGen commercial press line, as it reported Q1 sales declined by 2.7% over the same period in 2012 to $5.4bn.
- US printers had a sharp drop in first quarter profits despite a modest rise in sales revenues, the Semper International survey for Q1 2013 has found.
- Foster City, CA-based EFI cited strong US sales as well as continued demand for its Fiery controllers as it reported Q1 income of $8.2m (Q1 2012: $6.2m) on a 7% revenue rise to $171.4m.
- Cohoes, NY-based Mohawk announced this week a major expansion of its lineup of synthetic papers, envelopes and specialty substrates for digital commercial printing.
- Chicago-based managed print services provider InnerWorkings said the recent loss of one major client has caused it to lower it 2013 revenue forecast by $30m to $900-930m (from $930-960m) while profits for the 12-month period are expected to fall by as much as 22%.
- Boise, Idaho based Alexander Clark Printing has added a six-color 29" Komori LSX629 to both boost productivity and expand its footprint in categories such as packaging.
- Kodak announced this week it has agreed to sell assets from its Document Imaging business to office equipment maker Brother Industries in a cash deal worth $210m (£137m).
- Following a successful event in London last November, Monotype is bringing the Pencil to Pixel exhibition to New York so that US-based font fanatics and type devotees can get an up close look at rare items that played a major role in the modern development of print
- The board of the US Postal Service (USPS) announced this week that it has directed US Postmaster General Patrick Donahoe not to go ahead with plans to end Saturday delivery this August.
- Less than six months after it was acquired by private equity firm American Industrial Partners (AIP), Presstek is going through a restructuring that includes a number of redundancies.
- Sussex, Wis.-based Quad/Graphics this week announced it is creating two regional commingling centers this year to help its direct mail clients save on postal costs as part a multimillion dollar investment in new mail processing and equipment.
- St. Thomas, Ontario-based Impressions Printing recently expanded its commitment to digital by adding a Kodak NexPress S3000 to its production floor, as it looks to drive its varied customer base toward digital production with Kodak HD Dry Ink.
- Chicago-based RR Donnelley & Sons this week added RFID and NFC (Near Field Communications) capabilities to its printed electronics initiative as it looks establish a foothold in an industry that is expected to generate more than $10bn in worldwide annual sales within the next few years.
- Tidewater Direct has installed a new six-unit Sunday 2000 press at its Centreville, MD facility as it targets greater market share in the high-quality color direct mail and inserts business.
- Orlando, FL-based Labels in Motion has purchased and installed a Xeikon 3500 digital label press to drive its business and has been so pleased it is already looking at a second one.
- Montreal-based Domtar has signed a deal to acquire Xerox's paper and print media products in North America, though the Xerox brand will continue on both coated and uncoated paper for office and commercial printing.
- Kodak has finalised its previously-announced $848m finance facility with members of the Steering Committee of the Second Lien Noteholders and other holders of Kodak's Senior Secured Notes.
- Ricoh Production Print Solutions used the National Postal Forum (NPF) in San Francisco this week to unveil a new partnership with TEC Mailing Solutions on a cloud-based software as a service (SaaS) that promises to reduce postal costs while streamlining workflow and mailing lists.
- US Postmaster General Patrick Donahoe used the National Postal Forum in San Francisco this week to renew calls for the US Congress to let the US Postal Service (USPS) end Saturday deliveries and to stop getting involved in issues including how it funds its employees pensions.
- Montreal-based Transcontinental cited the ongoing benefits from its acquisition of Quad/Graphics assets in Canada as it reported a modest 5% rise in net profit to US $17.4m for the first quarter on an 8% rise in turnover to US $515m.
