News

Companies consider move to four-day week to survive recession

Printers battling against the recession are increasingly taking drastic measures to reduce costs and mitigate the downturn in orders, with reducing the working week a key strategy.

Davenham 'open for business' following refinance

Asset-based lender Davenham is "open for business", despite the negative effect of the recession.

Folio appoints former S&G director in MD role

Finishing specialist Folio has taken on former Stephens & George (S&G) group production director Paul Cook as its new managing director.

PFS eyes signage market with new laminator range

Finishing equipment distributor Print Finishing Solutions (PFS) has targeted the sign and graphics market with the launch of its latest range of hot and cold laminators.

Lake Image Systems signed to work on Vodafone contract in Turkey

Mailing integrity kit manufacturer Lake Image Systems has been selected to work alongside Turkish finisher Gonpa Electronics to fulfill a contract for the country's second largest mobile network...

PS2 buys finishing kit to match online short-run demand

Digital printer PS2 has said an increase in the use of its internet ordering service has led to an investment in new finishing kit from Duplo.

Howitt completes swine flu UK leaflet print run

Direct marketing specialist Howitt is understood to be the printer behind the government's H1N1 swine flu information leaflets, which are currently being delivered to every household in the UK.

RR Donnelley sees Q1 profits plummet by 90%

North American print giant RR Donnelley has reported a more than 90% fall in first-quarter profit as it incurred restructuring charges and further declines in margins.

Man's arm amputated after becoming trapped in press

Doctors were forced to amputate a man's arm after it became trapped in the rollers of a printing press at Oldham-based commercial printer Print Right.

MPC warns of magazine pricing 'chaos' despite group's 4% rise in sales

The Magazine Printing Company (MPC) has achieved a 4% increase in sales but warned of "chaos" in pricing procedures as overcapacity continues to impact on the sector.

Bank of England holds rates at 0.5%

Interest rates have been held at the record low of 0.5% in a widely expected move that reflects the continuing strain on the UK economy.

Banker to step into Murray's shoes to head up BemroseBooth

An investment banker will take the reigns at BemroseBooth later this month when incumbent managing director Dave Murray steps down.

Chesapeake completes sale and looks to expand

Packaging giant Chesapeake has said it will look at all options to grow as it completes its previously announced sale to a group of private equity companies for $485m (331m).

NatMags extends contract for eight magazines with Wyndeham

Wyndeham Press Group has signed a two-year contract extension with the National Magazine Company (NatMags) for eight of its titles.

'Traditional magazine model is broken', ad giant claims

Magazine publishers and their print suppliers were confronted with some "uncomfortable truths" about the future for print media at this week's FIPP World Magazine Congress in London.