News

Point-of-purchase printer Walkers (MCR) has become the latest print company to fall victim to the recession, appointing administrators this week.

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).

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, 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.

Jade Press is aiming to drive growth in its variable data offering and complement its litho setup after investing in its first digital press, a HP Indigo 3500.

Efforts to sell Johnston Press's Irish division have failed and the company must now renegotiate its debt covenants or risk being unable to trade as a going concern.

Specsavers has sealed a 5m three-year contract extension to manage its customer recall program with Lateral Group companies Data Lateral and Howitt.

Xerox has introduced the latest addition to its mono range of Nuvera digital printers, the 200, which it is targeting at transactional and short-run book applications.

UK unemployment rates in the UK rose to 2.22m in the first three months of 2009, according to the Office for National Statistics.

RR Donnelley has offered to buy the assets and properties of its insolvent rival Quebecor World for $1.35bn (891m) in cash and shares in what would be the world's largest ever print merger.

T-Mobile UK has given a five-year contract to provide print-sourcing and consulting services for its customer communications requirements to Communisis.

Favini has said it is looking to grow organically and through selected acquisition, as it focuses on environmental and luxury packaging products following its restructuring last year.