Print industry news roundup: ID Data; DS Smith; Heidelberg; Buxton; Treasury; Global Graphics

Stay up to date with your procurement supply chain thanks to print industry news at your fingertips. This week: ID Data losses revealed, DS Smith begins Belper expansion, Schreier to leave Heidelberg, Buxton continues re-equip, Treasury launches funding scheme.

Scale of ID Data losses revealed in admins report
Former Tall Group subsidiary ID Data Cards was losing money at an estimated rate of £100,000 a month in the run up to its sale to CPI Group in May, according to the administrators report.

DS Smith begins £6m expansion of Belper plant
The expansion is set to include a new, state-of-the-art printing press and aims to add 50% to the factory's production capacity.

Schreier to leave Heidelberg in 2012

Heidelberg chief executive Bernhard Schreier will step down at the end of this year after 13 years at the helm of the world's largest press manufacturer.

Buxton's re-equip continues as first XL 106 goes in
Buxton Press has kicked off its four-year rolling press upgrade plan with the installation of the first of two new B1 Heidelberg XL 106s, ordered at Drupa.

Sector sceptical at government funding scheme

The Treasury and Bank of England funding intiative aimed at kick-starting UK bank lending has been met with scepticism following its official launch

Global Graphics expands RIP deal with HP
HP has chosen Global Graphics' "digital" RIP, the Harlequin Host Renderer 3 (HHR3) to power its newly-released HP Print Module imprinting stations.