- Hits: 3672
The Australian Competition and Consumer Commission (ACCC) is calling for submissions on IVE Group’s proposed acquisition of Ovato - announced this week - and whether it’s likely to lessen competition.
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Textile printing technology manufacturer Kornit Digital recorded $58.1m in revenue for the second quarter to June 30, down from $81.7m pcp, with a GAAP net loss of $19.5m compared to net income of $5.6m in Q2 2021. The company announced that chief financial officer Alon Rozner is leaving for personal reasons and will be replaced by industry veteran Lauri Hanover.
- Hits: 3188
Ball & Doggett released the video of its first sustainability event, held at PacPrint 2022 in Melbourne. SPEC22 – Sustainable Print Education Conversation – ‘Sustainability in Action’ featured a specialist panel including Mardi Brown, co-founder, PonyUp for Good; Charlton Hemingway, MD Work Works; Phillip Mariette, operations manager, The Real Media Collective; and Joe Foster, O F Packaging & Close the Loop Group CEO.
- Hits: 2677
Software developer Esko, a Danaher company, says acquisition of Ottawa software business Tilia Labs will enable Esko to better serve customers in packaging, label and wide format markets.
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Plastics and films manufacturer ORAFOL is making modifications to its main production site in Oranienburg, Germany, to run on liquefied natural gas (LNG). Current energy is supplied with Natural Gas, piped in, and supply of this has been restricted as a result of the current Ukraine conflict and other policy decisions.
- Hits: 3215
ASGA was well represented at Tuesday's Careers Expo in Sydney. With a prime spot near the entry, AusSIP ASGA Liason Managers John Watters and Tina Mavris fielded multiple enquiries from students and parents, with the main challenge explaining just what constitutes the Signage Industry and the real depth and breadth of it.
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Mimaki has joined other Japanese wide format manufacturers in announcing good sales growth for the first quarter of 2022. 'China and Russia' affected the results but sales were still up 13.4% and operating profit up 10.3% over 2021's Q1. The forecast for the half and full financial years has been revised upwards accordingly.
- Hits: 4130
Print and marketing company IVE Group has told the ASX it has launched an ‘implementation deed’ to acquire its troubled competitor Ovato, which last month went into administration. The proposed deal would need ACCC clearance.
- Hits: 3929
Sydney digital and offset printer Allcraft Printing will be wound up after more than 25 years in business and a liquidator has been appointed.
- Hits: 3161
Eastman Kodak Company reported a $US30m boost in revenue of $US321 million for the second quarter 2022, with net income of $20 million, compared with $16 million for Q2 2021.
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National signage company Mesh Direct says its new, fully recyclable Eco Banner Mesh can significantly reduce the construction industry’s impact on the environment. “We are excited to be offering this new product, the first of its kind (that we know about), in the Australian market.”
- Hits: 2894
Supplier Jet Technologies is expanding into a new, substantially larger Victorian headquarters in Carrum Downs, 36 kms south-east of Melbourne’s CBD.
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Brother Industries, who owns Domino inkjet and also make direct-to-garment printers, industrial labelling printers, coding & marking equipment and MFPs, has posted encouraging results for its first quarter of the Japanese 2022-23 financial year April-June. Sales revenues were just over $2 billion in Australian dollars - a rise of 14.8% over 2021 first quarter - but profits took a slight hit, reflecting the global business costs environment. Print and inkjet were star performers.
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It's been a while since there has been any activity in the long-running case of Fuji Xerox against former MD Neil Whittaker, Finance Director Devlin Bell, Ernst & Young and one of its partners EA Lang. In between there has been a change of Judge presiding and case hearings have resumed.
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“With digital signage playing a such a key role in signage today, we see this partnership as an opportunity to educate the sign industry on the latest products and trends in this space,” said ASGA president Mick Harrold. The event takes place this month in Sydney, with exhibitors including Epson, Fujifilm, Lenovo, Panasonic and Philips.
- Epson illuminates at EduTech 2022 in Melbourne
- ASGA adds Perth Expo as signage showcase
- NAIDOC, women in sport, vegan girlfriends: Best of Outdoor
- Global Graphics wins patent on adding late data to PDF files
- Ricoh Q1 sales up 8% despite shortages
- Xerox confirms Steven Bandrowczak as CEO
- New NASCAR wraps printed on Roland TrueVIS
- HP MD Mike Boyle promoted to global head of Large Format
- OOH campaign to find thousands of missing Australians
- JCDecaux H1 revenue jumps 36% to €1.4 billion
- Epson projectors light up Auckland Museum
- Roland DG’s new global HQ to slash energy use by 75%
- Reminder - First Apprenticeship/Training career Expo is in Sydney next week
- Spicers to offset CO2 emissions with native forests
- Out and About - Apex Signage spotted installing
