North america

US Postal Service reports $15.9bn full year net loss

Re-enforcing the point that it needs a dramatic overhaul, the U.S. Postal Service (USPS) has reported a $15.9bn net loss for the year ending September 30 - a loss that includes $11.1bn in payments to...

Contego to sell cartons business for 81m to US's Graphic Packaging

Contego Packaging is selling its food and beverage cartons business to US food specialist Graphic Packaging in a deal worth 81m.

Kodak patent sale a condition of new $800m facility

Eastman Kodak has been told it must sell its digital imaging patent portfolio for "no less than $500m" as a condition of a new interim and exit finance facility totalling nearly $800m.

Color-Logic showcases metallic print at Ariva's annual Smelt Fry

Metallic effects software firm Color-Logic helped promote the power of print to hundreds of graphic designers last month at North American paper merchant Ariva's annual Smelt Fry.

Obama victory ends robust year for political print

President Barack Obama's victory over Republican rival Mitt Romney last night marked the end of one of the most combative - and expensive - political races in US history.

Transcontinental to close Quebec printing plant

Montreal-based Transcontinental said this week it will close its printing plant in LaSalle, Quebec next month, laying off 150.

Fespa's non-European members to get full voting rights

Fespa has changed its membership structure to give full voting rights to non-European national member associations.

Semper survey finds return to pre-recession profit optimism

Latest research from Semper International has found the number of US printers who squeezed out profit in the third quarter was again above 70%, indicating that things have improved dramatically from...

Systematic Automation launches Vinci 1452 screen printer

Systematic Automation has launched the Vinci 1452 automatic screen printer for printing on cylindrical products, including vials, syringe barrels, chapstick containers and seasonal marketing...

KBA makes progress with RotaJet quality

KBA has made "significant progress" in improving print quality on its RotaJet 76 and has added newspaper printing to the potential applications for the inkjet web press.

X-Rite consolidates colour kit under eXact umbrella

X-Rite will consolidate its existing range of colour measurement devices into a single series, the X-Rite eXact, from 12 November.

Mark Andy owner AIP completes Presstek acquisition

American Industrial Partners (AIP), the private equity owner of narrow and mid-web flexo press maker Mark Andy, has completed its $26m (16.2m) purchase of direct imaging press builder Presstek.