Presses

Heidelberg has deepened its relationship with major shareholder Masterwork Group through a new joint venture for the production of parts in China.

Stephens & George Print Group (S&G) has signed off a £4.5m-plus investment in a highly spec’d Heidelberg long-perfector as it swaps two for one and reshapes the business for life after coronavirus.

RAP Spiderweb has taken on a new Komori GL29 four-colour plus coater after Close Brothers Asset Finance funded the purchase using the Coronavirus Business Interruption Loan Scheme (CBILS).

Bell & Bain has started the installation of the first of its two new Rapida 145 large-format presses from Koenig & Bauer – following a decision to delay the process due to the Coronavirus pandemic.

Heidelberg has sold its CERM narrow-web MIS subsidiary to an MBO team in an €8m (£7.23m) deal.

At the beginning of this year Precision Printing installed the UK’s first Scodix Ultra 101 digital enhancement inkjet at its Dagenham site, replacing the older of its two existing Scodix S75 models....

Heronswood Press has stepped up from B2 to SRA1 with a “significant” lockdown investment in a four-colour RMGT 924 LED press in a two-for-one swap after its owner decided “doing the same thing we’ve...

Heidelberg is consulting with its UK workforce about a proposed 20% reduction in headcount along with changes to employees’ terms and conditions.

Koenig & Bauer has described its Q1 order intake as “solid” amid a 25.3% decline in sales due to the Covid-19 pandemic.

Komori has posted a massive impairment loss due to the fallout from the Covid-19 pandemic and has revised its expected results for the financial year just ended – with top management taking pay cuts...