News

The number of heatset web printing companies in Europe is expected to fall by 30%-40% over the next 10 years, according to a new report from Pira.

A buyer is being sought for press manufacturer Svecia Screen Printing by its Swedish parent company Traction AB.

Fulmar is making a bold expansion drive with the acquisition of 7m-turnover Quadracolor and the 3.7m purchase of two 12-colour Speedmasters for Fulmar Colour.

Quebecor World, the worlds largest print group, has reported a 92% slump in its consolidated net income for 2001.

Heidelberg has introduced a stitching line that it says will be the model for all of its stitching lines and its first two machines have been sold in the UK.

St Ives has sent a clear signal to publishers that it will not pursue volume at any price with the announcement of the closure of its plant in Gillingham.

Metal plate CTP is now available in the UK for under 20,000.

Inchbrook is poised to open a sales and remote proofing office in Londons Canary Wharf.

Creditors of print management company ICM Resource have expressed incredulity at the firms CVA, which would leave them to absorb 1.56m of bad debt.

Over 200 jobs have been saved at Polestar Greaves after its press hall workforce voted to accept proposals that will keep the Scarborough gravure site open for the foreseeable future.

A skeleton staff remained at work in the bindery at Flair Press this week completing work in progress, but the business was expected to cease trading today (8 February).

Blaze Business to Business, which handles print management for the Institute of Management (IoM), has been bought out of liquidation by a company set up by former director Kim Riddington.

RES has outsourced its logistics and administration to fellow Thames Valley-based IT distribution company Westcoast.

KBA aims to take on the Heidelberg GTO with its latest press, the Genius 52, which it will launch at Ipex.

GPMU deputy general secretary Tony Burke has condemned St Ives' announcement of the closure of its Gillingham web offset plant as "unacceptable and appalling".