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It is well-known that Ovato (formerly IPMG and PMP combined), is undergoing a major restructure but some employees made 'redundant' by the ASX-listed company are perplexed that their positions are being advertised again. The AMWU has warned Ovato it may take the matter to the Fair Work Commission, the national workplace relations tribunal.
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The new Jeti Tauro H3300 UHS LED is a high speed hybrid with advanced automation for 24/7 sign and display production. “We went all out to make it fit for extreme workloads.”
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Companies including Leonhard Kurz, Bobst, Esko, Kama, Konica Minolta, Kyocera, Müller Martini, Windmöller & Hölscher and DuPont de Nemours are designing new online showrooms ahead of the inaugural virtual.drupa trade show in April.
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Smartech Business Systems, headquartered in Hong Kong and active throughout Asia and the USA, has acquired the industry supplier Quadient Oceania (formerly known as Neopost Australia and GBC before that). It's 'business as usual' says National Marketing Manager Morgan Quinn.
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Ovato recorded a net loss of $9.7 million for the six months to 31 December 2020, with sales falling by 28.2% to $236.2M compared to the corresponding six month period, which was prior to the impact of the COVID-19 pandemic. "Heatset catalogue printing and residential distribution volumes are not returning as quickly as expected due to the lingering impacts of COVID-19."
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Print and marketing group IVE reported $23 million in net profit for the first half, up from $17.7m pcp despite a 3% fall in revenue to $340.8m. “We estimate a revenue reduction to pcp of circa $50m as a result of the impacts of COVID-19, particularly in the retail catalogue and travel sectors."
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HP reported strong revenue and profit growth in the first quarter, with net revenue up 7% to $US15.6bn from the prior-year period, driven by demand for notebook computers and consumer printers. “Our Printing business generated revenue of $5 billion and operating profit of $1 billion.” Commercial printer sales remained flat.
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The FESPA Australia board has awarded its highest honour - the association's life membership - to past-president Clem Johnson, who began his career in the late ’70s with C&S Designs in Brisbane.
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Canon Australia unleashes eight new large format print models with the introduction of the new imagePROGRAF TZ-30000 Series, and a refreshed imagePROGRAF TX Series for the CAD/GIS/AEC & Poster sectors.
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SA International (SAi), a leading provider of software solutions for professional signmaking, wide-format digital printing and CAD/CAM machining industries, has announced the availability of certified drivers for the new HP Latex 700 and 800 Latex Printers.
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One of Australia’s most experienced colour management and wide-format technical sales specialists, Peter Way, has joined the growing industry supplier Total Image Supplies, who are Melbourne-based but do business all over Australia.
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The Australian Sign & Graphics Association (ASGA) has outlined how a Victorian prohibition on high-risk cladding products that came into effect this month will impact the signage industry in the state.
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Soon after securing a contract to handle all signage for the Penrith Panthers NRL club in 2021, western Sydney sign business Montana Signs has invested in a new Roland VG2-640 with TR2 inks - including green, one of the team's colours.
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An Australian Sign & Graphics Association webinar next month [March 11, 11:30am AEDT] on Employment Law will include a look at how the end of Jobkeeper on March 31 could impact staff levels in the industry.
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3M will invest about $1 billion over the next 20 years to accelerate the company’s new environmental goals, which include carbon neutrality by 2050 and reducing water use by 25% at its facilities.
- Siegwerk warns of price pressure on raw materials
- Global inkjet market to reach $A63 billion in 5 years
- Jet Technologies & Screen Open House with new L350SAI label press
- oOh! posts $35m loss for 2020 with ‘significant recovery’ in Q4
- Outdoor audiences back to highest levels since March
- Phil Rennell leaves Currie Group in company restructure
- Spicers and 3M host online presentation of 7300 Series
- Summa eyes Asia Pacific market with demo room in Singapore
- Australian-born Marie Myers named chief financial officer at HP
- 25 years since the greatest PacPrint of all - roll on September
- Ace job: Vivad covers empty seats at the Australian Open
- EFI launches its fastest single-pass printer for display graphics
- Durst develops AI predictive maintenance for printers
- Kornit Digital posts record results for 4th quarter 2020
- DTG in motion - new video from Ricoh on Ri2000
