News
MPGi staff agree to three-month salary cut
MPG Impressions (MPGi) is poised to implement a 33.3% voluntary salary reduction for May, June and July after the majority of staff backed its proposed cost-management programme.
RSDB to shed 20% of workforce as it warns of 'significant loss'
European print giant RSDB, the parent company of Roto Smeets, plans to shed 450 jobs across Europe as it said it would make a "significant" loss this year.
GAE says demand for finishing kit remains strong
Finishing equipment distributor GAE has said that printers are still investing money in new kit, but they need a little more persuasion to spend money.
PrintWeek business features
Each week, PrintWeek runs a series of articles on how to get the most out of your business. Here is our pick of the latest, listed by category.
Duplo and Friedheim form The Finishing Alliance
Finishing equipment distributors Duplo International and Friedheim International have announced a tie up that they claim will make them an "all-in-one" provider of digital finishing equipment.
Park Lane Press installs second ImagePress C700VP
Park Lane Press has bumped up its digital print capacity in response to growing demand after adding its second Canon ImagePress C7000VP.
Pitney Bowes launches software to cut office mailing costs
Mailing equipment manufacturer Pitney Bowes has launched mailing software for corporate businesses to cut their office mailing costs
Oc to cut 800 jobs but targets growth
Digital press manufacturer Oc is to cut a further 800 jobs but said that it is 'exploring all possible options' to achieve the size and scale necessary to become a bigger player on the world stage.
Proskills boosts team with Bowtell appointment
Proskills UK chief executive Terry Watts has said "now is the time for Proskills to switch focus" after it strengthened its team with the appointment of Tom Bowtell.
Walkers (MCR) calls in administrators
Point-of-purchase printer Walkers (MCR) has become the latest print company to fall victim to the recession, appointing administrators this week.
Ratliff & Roper in 50k finishing kit spend
B2 commercial printer Ratliff & Roper (R&R) has followed its move into the digital and wide-format arenas with a 50,000 spend on finishing equipment from Graphic Arts Equipment (GAE).
Government unveils blue chip companies signed to Prompt Payment Code
The government has announced a list of 11 big business names that have signed up to its Prompt Payment Code and claimed that nine in 10 of its own major departments pay invoices pay "within 10 days".
Schawk posts deeper loss, continues talks over debt agreements
Schawk, the global packaging pre-press specialist, has posted an operating loss of $56.6m (37.4m) in its preliminary full-year results as it continued to renegotiate its debt agreements.
Presstek suffers Q1 reverse, pins hopes on cost reductions and product launches
Presstek has reported a first-quarter operating loss of $1.8m (1.2m), down 200% from a profit of $1.8m in the first three months of 2008, as the global economic climate took its toll on equipment...
Diamond Hi-Speed closes just weeks after MBO
Diamond Hi-Speed, the high-volume division of bookbinder Diamond Print Services (DPS), has closed just weeks after an MBO.