21 August 2019

SCOTT, QUEBEC—

One of Norecob two Harris M1000 webs
One of Norecob two Harris M1000 webs
Solisco, has announced the acquisition of Norecob. Norecob  plant is in St. Jules Quebec with  about 90 employees, 2 half webs, 5 colour 40 and a Timson Bookpress . They specialties in catalogues, books, magazines and promotional material. Pierre McCann. Norecob's former president will become  Solisco's Vice President of Manufacturing Operations.Both companies are in the Chaudière-Appalaches region of Quebec .

21 August 2019

ST. LAURENT—

About $15 million before creditor protection
Was about $15 million before it went into creditor protection
Pazazz Printing is moving to Mitchel Lincoln building in St. Laurent. Pazazz will be merged with Michell Lincoln's display division Imacor. All the production staff will become unionized the same as Mitchel Lincon employees. Pazazz went into creditor protection in January of this year.

21 August 2019

ROCHESTER, NY—

Xerox getting smaller
Xerox getting smaller
 It has been estimated that approximately 4,500 job have been eliminated so far this year at Xerox. The eliminations came through  attrition, layoffs, and a new outsourcing agreement. The outsourcing agreement announced in March with HCL of New Delhi, India, could cost up to 6000 jobs.

21 August 2019

BRAMPTON—

 
Data Group reported a net loss of $3.8 million, including restructuring expenses of $3.2 million compared to net income of $1.2 million, Revenues of $69.6 million compared with $78.2 million in the prior year. Gross margin as a percentage of revenue decreased to 22.6% from 23.8% in the prior year comparative period.  “ company’s second quarter was a challenging one as we march towards the transformation of a

14 August 2019

MARKHAM—

 
 Some of Bant Printocut bankruptcy numbers are in. The company owed around $500,000 of that only about $30,000 was secured creditors. Of the total owed about $200,000 to a Die Cutting Equipment manufacture . Also over $80,000 was owed to a steel rule trade shop. Unconfirmed reports were the company was put into bankruptcy by the owner.

14 August 2019

KIRKLAND, QUEBEC—

PDI Kirkland , Quebec plant
PDI Kirkland , Quebec plant
PDI is installing  a Heidelberg Speedmaster XL 106-5. Equipped with the DryStar LED Curing system . Integration with prepress delivers  “job ticket information” to the Prinect PressCenter XL 2 Console. The console converts the job data to the press autonomously, triggering a completely automated job change.  Plates are hung automatically with AutoPlate Pro. Using the Prinect Inpress Control, an inline colour and register system,

14 August 2019

GERMANY—

Cluse Bolza-Schunemann Chief Executive Officer
Cluse Bolza-Schunemann Chief Executive Officer
Claus Bolza-Schünemann Koenig & Bauer’s chief executive said the business had taken “careful note” of the recent financial releases from listed competitors Heidelberg, Bobst and Komori. In general, we believe that price cuts to expand or maintain market shares in limited markets, which can at most be subject to macroeconomic fluctuations, is the wrong concept.

14 August 2019

ROCHESTER, NY—

 
Miraclon – the new home of KODAK FLEXCEL Solutions – has received a coveted 2019 InterTechTM Technology Awards for the innovative KODAK FLEXCEL NX Ultra Solution. This  international awards program, sponsored by Printing Industries of America (PIA), recognizes technologies that are predicted to have a major impact on the graphic communications and related industries.

14 August 2019

TORONTO—

17  Foot Vutek FabriVU 520
17 Foot Vutek FabriVU 520
Imaged Advertising Creations (IAC) is the first company in Canada to install the 17-ft. wide EFI VUTEk FabriVU 520 dye-sublimation printer from Electronics For Imaging, Inc. IAC, which is a full-service visual communications company, will leverage the quality, productivity and expanded format of the printer to grow its dye-sublimation business into new markets and industries.“The size of this printer, at 17-ft., opens up new markets for us ,” said Sean Sadhoo, general manager of IAC

7 August 2019

TORONTO—

Astley Gilbert Head Office North York
Astley Gilbert Head Office North York
 
 
Founders Advantage Capital Corp. has announced that it has entered into agreement to sell its 50% interest in Astley Gilbert(AG) for  $17.0 million  to AG management .  Founders Capital bought 50% interest in Astley Gilbert back in October, 2017 for $24.7 million.The reasons  given is  that the Founders  and management  of AG did not share the same long-term vision for AG going forward

LATEST USED EQUIPMENT | RSS
Total Used Equipment Listings: 32
CLICK HERE to list your equipment
Business Opportunity | RSS
Company for sale
Company wanted
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
Marc Giroux, Pazazz says:
I regret to inform readers that the information above is innacurate and mostly false. We are not mo...
North Island Publishing PrintCAN Print Jobs Canada’s Estimators' & Buyers' Guide MastheadOnline Print World 2010 Design City
Graphic Monthly Print Equipment gutenbergs' guide COPA industrial print