News

Montrose follows Hyway into trouble

Montrose Press has been placed into administration with the loss of half of its jobs after a creditor of its sister company, Hyway Printing Services, issued a winding-up petition.

PAA quits CPI over registration

Plans to establish a single voice representing the UK paper industry have been dealt a blow after the Paper Agents Association (PAA) said it would leave the Confederation of Paper Industries (CPI).

Positive Polestar posts profit

Polestar has posted its first retained profit since its inception in 1998, but only thanks to a 95.8m technical surplus from its bond buyback in 2001.

Polestar 'pleased with progress'

Polestar has released preliminary financial results for the year to 30 September 2002, which the group described as a good performance in difficult markets.

Thomas Potts plans to de-list

Thomas Potts is planning to turn its back on the Alternative Investment Market (AIM), saying it is gaining very little benefit from the listing.

AGI to shut Swindon plant

AGI Media Packaging is closing its Swindon site with the loss of up to 50 jobs, having failed to remain viable after EMI shut its Swindon CD duplication facility in June.

Former HunterPrint MD Dalton dies

David Dalton, the Kent Messenger Group production director and former group managing director of HunterPrint, has died, aged 61, after a struggle against cancer.

Bank to outsource notes to De La Rue

De La Rue has been selected by the Bank of England as its preferred banknote supplier and is set to buy its banknote-printing operations at Debden in Essex.

Best in Christmas sale deal with EFI

Electronics For Imaging (EFI) hopes to take advantage of growth in the digital proofing market after buying Best, the Germany-based software developer.

Centurion wins third bid in four months

Centurion, Communisis' print management subsidiary, has won its third major contract in four months.

Creo agrees Xerox server supply deal

Creo hopes to take advantage of the growing colour digital print market after signing a five-year agreement with Xerox to supply Spire colour servers for sale with high-end digital presses such as the...

Former City printer charged

A former employee of financial printer St Ives Burrups and three alleged associates have appeared in court on charges relating to an alleged four-year insider-dealing operation.

Heidelberg sale unlikely before 2004 says RWE

RWE has reiterated that it still intends to sell its stake in Heidelberg, although not until market conditions improve.

HIB 2m fraud case continues

Two former business partners of dissolved print company Grangewood (Sales & Marketing), accused of defrauding the Hungarian International Bank (HIB) out of 2m, have claimed that invoices were so high...

Howitt pushed on gravure deadline

Howitt is entering a crucial period in the preparations for its proposed gravure plant, as the deadline looms for its gravure presses order.