News

Selected assets of Readings Ruscombe Printing have been bought out of administrative receivership by its former management, saving the remaining 14 jobs.

Xerox has reported growth in colour installations and colour revenues in the second quarter of 2003, largely due to the success of its DocuColor digital colour press range.

Komori, Heidelberg, Goss, Kodak Polychrome Graphics and Creo are among the 13 winners of the Graphic Arts Technical Foundations 2003 InterTech Technology Awards.

Victoria Printing Company in London has ceased trading with the loss of 15 jobs after being placed into administrative receivership with BDO Stoy Hayward.

A second company run by self-styled entrepreneur Nicholas Humes has gone into administrative receivership.

Inveresk is looking to expand its sales in the US and Canada after reporting improved half-year results as expected.

UPM-Kymmenes proposed acquisition of US label substrate producer MACtac has been blocked.

Quebecor World is cutting 1,000 jobs around the world because previous cost-cutting measures were insufficient.

The European Commission has approved 17m (EUR24m) out of an original 23m of aid from the Waste Resources Action Programme (WRAP) for UPM-Kymmenes Shotton Paper.

Polestar Purnell has lost a major contract after Trinity Mirror decided to close the <i>Mirrors</i> two Saturday magazine supplements.

Heidelberg had a miserable first quarter of its fiscal year without the equipment orders from a major trade show to fall back on.

Although Drupa 2004 wont open its doors for another 10 months, its organisers have already confirmed the dates for the 2008 show.

Midlands Print owner Nicholas Humes has made an approach to buy Hill & Tyler, the Nottingham printer that went into administration a month ago (<i>PrintWeek</i>, 26 June).

DV8 Media has defended its payment record despite a string of printers claiming that they are still owed money by the design firm.

The governments print spending to communicate policy has remained static despite a fall in its overall media spend.