News

Httprint, the print procurement software developer, is believed to be on the verge of securing at least 7m ($10m) of funds from its major backer, Investcorp, and Bertelsmann, the German media empire.

News International and Jefferson Smurfit have officially opened their new 39m (60m) joint-venture printing plant in Kells, County Meath in Ireland (<i>PrintWeek</i>, 6 July 2001).

Cito is celebrating the 100th sale of its RSP Inline Finishing system in the UK, which until April was only available exclusively in conjunction with Heidelberg presses.

Communisis chief operating officer Mike Mitchell is taking up the newly created role of group development director from 1 July.

The BPIF is launching a new Turnaround category in this years Excellence Awards.

Newspaper press manufacturer Goss International has made two appointments to its board to ensure it will continue to play a "key role in the future of the industry".

Italian papermaker Burgo has inaugurated its new 400,000-tonnes-a-year production line at Verzuolo mill in Italy as part of a 321m (500m) investment.

Heidelberg will not exhibit at next Februarys Imprinta exhibition in Germany, and will instead focus itself on CeBIT, which takes place in Hanover a month later (<i>PrintWeek</i>, 31 May).

Thomas Potts has appointed Adrian Povey as finance director, replacing Ed Slater, who is stepping down from the role but will still remain within the group.

Printing.com has completed two more franchise agreements and says its unaudited year-end results show significantly reduced losses.

Ventura, the Kent-based commercial colour printer, has moved to CTP production with the installation of a new Lotem 800 Quantum B1 thermal CTP system.

OneVision, the Germany-based workflow developer, will premier its latest software targeted at newspaper publishers at Nexpo 2002.

Presstek will cut 20% of its workforce as it pushes through its strategic repositioning plans.

The former hardware division of Global Graphics has cut 20 manufacturing jobs from its Halifax operation as part of the restructuring programme after its MBO (<i>PrintWeek</i>, 17 May).

Xeikon International has appointed a new chief executive and is expected to break even for its first quarter under Punchs ownership.