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18 March 2020
Heidelberg to Discontinue Primefire , XL 140 and XL 162 Presses
HEIDELBERG , GERMANY—
Heidelberg will be discontinuing several of unprofitable businesses as well as sharp cuts in production costs and structural costs . Production of “Primefire” and “very-large-format presses ” will be stopped. In digital printing, the market for the Primefire 106 product has grown much more slowly than expected . Similarly, in sheetfed offset printing, the very-large-format presses including the 56" and 64" range has fallen well short of targets.
To improve overall profitability as soon as possible, production in both businesses is to be discontinued by the end of 2020 . The aim is to focus Heidelberg consistently on profitable activities. It is estimated that Heidelberg has sold 4 or 5 of the XL 140 and 162 in Canada. Heidelberg has said they world wide they will continue to service all very-large-format presses they have sold.
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