17 December 2014

TORONTO—This week’s newsletter will be the last for 2014. We thank all of our readers and wish you all a happy holiday and a prosperous new year. We’ll see you in 2015 for all of the latest in the Canadian printing industry.

17 December 2014

TORONTO—Closures, restructures and controversy; Let’s take a look at the stories that got the most hits in 2014.

10. BL Litho’s demise and rise
The company goes bankrupt and only three days later it is purchased and renamed by a newcomer to the industry. Four people where indicted on charges

9.  Counterfeiting press seized by Mounties
The RCMP and US Secret Service track down a Heidelberg GTO 46 offset press that was being used to create counterfeit American $20 bills resulting in four people being indicted on charges.

15 December 2014

WATERLOO, ON—A recently published Integrated Planning and Resources Management report by Wilfrid Laurier University has advised the Wilfrid Laurier University Press (WLU) to phase out or minimize its services due to budgetary pressures. In response the WLU press has started a petition to fight the recommendation it calls “highly problematic.”

10 December 2014

ISRAEL—The release of Landa’s Nanographic printing presses—originally unveiled at Drupa 2012—are months behind schedule, but in a new blog post designed to address the delay, Benny Landa, CEO of Landa Digital, says the compnay “very close” to finally completing the presses.

Benny Landa

10 December 2014

MONTREAL— Transcontinental’s revenues increased by 1.7% in the fourth quarter to $571.9 million from $562.6 million. The company’s year-end revenues decreased by 1.3% from $2,096.7 million to $2,069.4 million.

The increase in revenues is due to the acquisitions of Capri Packaging and the Quebec weekly newspapers from Sun Media Corporation as well as new printing and distribution agreements. The year-end dip is caused by lower advertising revenues in the newspaper and marketing-products printing activities, consumer magazines and the sale of Rastar’s assets.

8 December 2014

OSHAWA—As we previously reported, General Printers had filed a motion to make a proposal to restructure under the Bankruptcy and Insolvency Act—we’ve now learned that the company will be auctioning off its equipment. The auction is being performed by Corporate Assets Inc. on Dec. 16 and can be viewed on Dec. 15.

Adam Fisher of Harris and Partners Inc., the trustee in bankruptcy handling the company, said that company decided to sell when the decision was made to file. At that point operations ceased immediately. “The objective was an organized wind down to maximize the return to stakeholders, Fisher said. “It was thought to be most efficient through a restructuring process.”  

5 December 2014

LAVAL, QC—DIECO and Matrices A Decouper LM Inc. have merged their production operations to form one of the largest capacity trade diecutting services in Quebec.

DIECO has been in business since 1969 and supplies the converting industry with products to optimize press preparation, makeready and cutting in many sectors, including paperboard, and printing, from leathers to composites, rubbers to felt, labels, electronics and plastics.

3 December 2014

ORLANDO, FLA—Xeikon’s strategy of focusing on the label and packaging market is paying off with impressive growth. That was the key message during a press and analyst meeting, which the company hosted in Orlando, Fla., in late November.

PrintCAN editor, fourth from left, and colleagues suit up to tour the Xymogen nutritional supplement facility in Orlando.

Company execs delivered an update on the company’s performance to date, and took the journalists and analysts to tour Xymogen, a manufacturers and distributor of nutritional supplements, which also houses a digital label printing shop with a Xeikon 3500 press.

3 December 2014

VAUDREUIL, QC—Cascades Inc. has acquired and installed two new Mitsubishi Evol presses in its Norampac operated plants in Vaudreuil and Drummondville. Both locations specialize in manufacturing corrugated packaging products.

"This major investment in Québec is part of our efforts to modernize Norampac's and Cascades' assets,” Charles Malo, vice president and chief operating officer for packaging at Norampac said. “Similar investments were made at several of Norampac's corrugated converting plants in Ontario, and productivity at the plants increased significantly. We believe that the investments in Québec will have the same positive spin-offs, allowing us to respond more quickly to our customers' needs, offer packaging products of greater quality, and increase our productivity."

2 December 2014

VAUGHAN, ON—Image Four has improved its material handling with the installation of a Busch SWH 180RLA 64" pile turner.  The Busch includes programmable aeration and vibration options allowing Image Four staff to handle both light and heavy weight materials.

Photographed in front of their new Busch Pile Turner are from left: Tim Treloar, president; Koko Boudakian, general manager; and Jason Taylor, prepress manager

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Most Recent News Comment
Derpina says:
I guess Union shop in the printing sector isnt the answer. Sad news, another one bites the dust....
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