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HP CEO Enrique Lores said the company was preparing for a range of scenarios and had suspended product shipments to Russia as part of the US response to Russia’s invasion of Ukraine. HP Inc. just announced Q1 revenue of $17.0 billion, up 8.8% from the prior-year period, despite a fall in printing revenue.
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Summa's L1810 2nd generation laser cutter offers increased production capacity and enables companies in the textile and apparel industries to process rush jobs and bulk orders. The L1810 has been released in Europe and will launch in Asia Pacific and the US in May.
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Tarsus Group, organiser of the Labelexpo Global Series, has announced that Labelexpo Europe 2022 has been rescheduled, with the event now taking place 11-14 September 2023. The organising team has made the decision to move the event dates in light of the significant supply chain pressures the European label industry is currently experiencing coupled with the fast-evolving situation in Ukraine.
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Mimaki has introduced a new large format inkjet printer series, a roll to roll cutting plotter series and new dye sub technology at Mimaki Europe's three-day online event Global Innovation Days.
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Roland DG has launched its third generation of TrueVIS wide format inkjet printer cutters, including the VG3-640 and VG3-540 models with up to eight ink colours, and the SG3-540 and SG3-300 with four ink colours.
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Our American colleagues at WhatTheyThink.com have just released the 2022 Business Outlook Survey, the latest industry economic data and macroeconomic trends, as well as industry and cultural technological trends to look out for in 2022. Although US-centric, the trends are highly relevant here in ANZ too. Best of all, it is very reasonably priced.
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The Australian Cyber Security Centre has issued a High Alert Advisory to help Australian organisations detect destructive Russian malware being used to target sites in Ukraine. “Australian organisations should urgently adopt an enhanced cyber security posture," it said.
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The Australian Sign & Graphics Association’s (ASGA) board has appointed Mick Harrold as its new president, effective immediately. Harrold succeeds Julie Rochester, who stepped down following ASGA’s AGM last week. Other new executive appointments have also been announced.
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Xaar’s innovative new Sure Flow technology allows users to clear and prevent nozzle blockages without the need to remove the printhead.
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Drytac announced the global availability of Polar Choice White monomeric PVC films that are ideal for flat signage and advertising applications including windows and POP displays.
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IVE Group reported $20.9 million in net profit for the first half of FY22, after a 12% increase in revenue to $382 million, despite uncertain conditions caused by Covid and supply chain challenges. IVE's recently acquired wide format businesses Active and AFI Branding are on track to generate $45 million a year in revenue.
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Print giant says the business environment surrounding the company has changed "dramatically” since the Covid outbreak. In naming Toshimitsu Taiko as its new president and CEO, Konica Minolta said turning around its core businesses of office and production print was now “an urgent management issue.”
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The first major industry event for two years kicks off today in Melbourne at the same venue as June's PacPrint. The Flexographic Label & Packaging Manufacturers Association has pulled out all stops to stage its twice-postponed Conference and Technical Forum over two days.
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The Outdoor Media Association has released category breakdowns from its full year revenue results that were announced early this month - showing that digital (DOOH) revenue now accounts for 58.8% of net outdoor revenue.
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Ovato's statutory profit for the half-year ended 31 December 2021 was $17.6m, up $27.3m compared to the prior year. Sales of $161.4m were down $75.2m pcp [or 31.8%] - with $55.3m of the reduction due to the sale of its marketing services and magazine distribution businesses and the closure of its letterbox distribution unit in Australia.
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Sydney-based packing and labelling specialist Luminar has expanded its digital printing operations with the installation of a Screen Truepress Jet L350UV Inkjet press, supplied through Jet Technologies.
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Self-adhesive films manufacturer Hexis will feature its Hex’perience free online library of large format high definition printing or cutting patterns at PacPrint in Melbourne in June.
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Electronics For Imaging (EFI) has received two European Digital Press (EDP) Awards from the European graphics arts trade press, a technical awards program that recognizes innovative advancements in digital print production.
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Enfocus, a leader in PDF quality control, advanced PDF editing and workflow automation for the graphic arts industry, says a platform update for its popular BoardingPass includes white overprint support and allows customer-facing staff to instantly validate PDF files for print.
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Taylor Print & Visual Impressions, part of the AUD$4.5 billion Taylor group, has been awarded a US patent for its X-1 SEG display system that makes changing the soft textile graphics quick and easy, thereby maximising ROI and future-proofing the portable display stand investment.
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The liquidator, Shane Deane of Dye&Co, of failed Melbourne print group Waratah Group - the convoluted Group of several printers that went bust in March 2020 owing an estimated $22 million amid claims of corruption and backhanders - has lodged a wind-up application on Oakleigh, Vic family printer Genuine Print. With larger targets such as Australia Post, Spotlight Group and St Vincent's Hospital disputing phantom invoices, it appears that the liquidator is going for a 'soft' target.
- Job of the Week - Sign Maker, Hawkesbury NSW area
- FESPA social event Sydney March 16th
- oOh! cuts losses, revenue up 18% as audiences rebound
- 2nd annual Wide-format Summit set for July in Florida
- printIQ invests heavily in US and global markets
- oOh! partners Gay & Lesbian Mardi Gras, extends Qantas deal
- Mimaki & Fogra aim for new ISO standard in textile printing
- ACCC joins global investigation of price fixing in supply chains
- More employee theft: former Civic Outdoor executive charged in $200,000 rort
- Sonia Shwabsky joins Kwik Kopy as CEO
- Ricoh launches Its first plant-based inkjet ink
- Triple EDM Awards for Zünd automated cutting tools
- Success of African Sign Expo is a boost for PacPrint/Visual Impact
- Covid claims Signex – liquidators appointed
- CMYKhub to showcase Design Desk at PacPrint
- Kornit Digital reports record Q4 & full-year results
- swissQprint Nyala 4 flatbed printer wins EDP award
- ASGA switches the venue of its AGM
- NUtec Digital Ink expands its eco-solvent range
- Roland DG to host free Connect webinar