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The short-lived DOCA (Deed of Company Arrangement) for Clear Skies Corp Pty Ltd, executed last September 17th, whereby the supporting creditor Skope Group Pty Ltd agreed to pay $22,000 per month and 30 cents in the dollar by 2022, will be terminated and the company liquidated if a meeting of creditors votes for it on April 2nd.
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The terrible effects of the Covid-19 pandemic are beginning to be felt in New Zealand as lockdown and isolation laws reduce sign businesses to emergency-only signage and work-from-home designs.
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3M has doubled its output of urgently-needed N95 respirator masks to more than 1.1 billion per year, or almost 100 million a month, at its global manufacturing operations across US, Asia and Europe. The company is also maximizing production of hand sanitizers, disinfectants and filtration solutions.
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FESPA’s flagship Global Print Expo has been rescheduled to take place in Madrid from October 6-8 2020, along with co-located events European Sign Expo and Sportswear Pro. "We’ve been overwhelmed by the strong demand from our global community for a FESPA platform in 2020."
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“We have moved quickly to execute a comprehensive range of initiatives in response to the circumstances to mitigate the impacts of revenue declines and the effects of COVID-19,” says Geoff Selig, executive chairman of leading ASX-listed print and marketing business IVE Group, which went into a trading halt last week.
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HP's 3D printing technology is being used to build essential medical equipment including ventilator valves and breathing filters - as well as new plastic door handle adaptors that enable opening by elbow - to help fight the spread of the coronavirus.
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Australian Small Business Ombudsman Kate Carnell welcomed the federal government’s latest support measures designed to help small businesses through the COVID-19 crisis. “This package gives small and family businesses some breathing space until circumstances return to normal." The package includes assistance for small to medium sized businesses to help them retain staff members.
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New research says the global inkjet printing market will grow at an annual rate of more than 11 percent by volume in the next five years to reach more than $US118 billion by 2025.
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“Without wanting to sound dramatic, it is fair to say that this is going to get far more serious before it gets better,” says Andrew Macaulay. CEO of the Print & Visual Communication Association (PVCA). “The biggest business issue, after safety of our workforce and families, is going to be cashflow.”
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Konica Minolta has closed manufacturing facilities in Malaysia and France because of the coronavirus but the company’s Wuxi and Dongguan factories in China are back in operation and ready to complement production.
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Once the Prime Minister announced a bar on any public gathering in excess of 500 people, it was inevitable that all trade events at the Gold Coast Convention & Exhibition Centre would have to be postponed. Visual Impact is no exception. Future dates yet to be determined, once the Covid-19 situation is under control and events of all kinds can be staged again.
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New Zealand’s premier printing industry awards event scheduled to take place in Auckland on May 8th has been postponed to a date yet to be determined, because of the coronavirus.
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One of Queensland's leading digital print and signage companies has begun prioritising all coronavirus-related signage jobs. “During this stressing time; we understand the urgency in delivery turnaround,” says Brisbane-based Bailey Print Group.
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Following the recent postponement of global print expo drupa, the organisers of PacPrint Melbourne 2021 have made “the difficult decision to postpone our own leading industry expo.”
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At this time where our senses are being assaulted with myriads of Covid-19 rules and messages and (quite rightly) warnings of do’s and don’ts, we thought we’d present something good for the body & soul as both a preventative and therapy if you get ill.
- Durst shuts down manufacturing operations for two weeks
- ASGA’s guide for employers facing challenges over COVID-19
- “We are in territory uncharted”: PVCA boosts remote services to members
- Companies turn to virtual shows after drupa & FESPA postponements
- DRUPA POSTPONED to 2021 as coronavirus spreads in Europe
- Colorado 1650 UVGel Ink wins 3M Performance nod
- ORAFOL expands with new Advanced Polymer Films unit
- oOh!media pulls financial guidance over coronavirus
- Ricky introduces two new display films
- Xerox postpones HP takeover bid due to coronavirus
- Skope holding company placed in administration - phoenix avoided?
- Mactac releases two new signage ranges in Australia/NZ
- Skope Group defaults on DOCA payments, prepares for another phoenix?
- Mimaki’s new roll to roll UV inkjet printer for sign graphics
- Mactac signs Graphic Art Mart as exclusive local distributor
