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1 April 2025
Highcon Files For Creditor Protection
YAVNE, ISRAEL—
Highcon Systems is seeking court protection to restructure its debt after orders worth millions of dollars were postponed in the light of geopolitical and impending US tariffs. The Israel manufacturer of digital cutting and creasing systems came out of last year’s Drupa on a high with a strong order backlog.
Most of Highcon’s employees have been laid off, with 20 remaining to continue its operations and customer support, and to maintain Highcon as a going concern. The effects of the “tariff war initiated by the US, has caused growing concern about large investments, among other things” from the company's customers and potential customers. Highcon’s key products are the Euclid for short-run production in folding cartons and corrugated, and the Beam 2 and Beam 2C for medium and longer runs. It announced new products for packaging and corrugated last years Drupa.
Develops post-press equipment for cutting and creasing into digital production.
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Highcon digital diecutter
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