The privately owned British engineering group Langley Holdings has emerged as the investor behind a takeover of the sheetfed printing equipment division of manroland AG, along with its production facilities, and the international marketing organization active in more than 40 countries.
A creditors’ committee was able to reach an amicable solution for an investor concept in the course of manroland’s insolvency proceedings. The preferred solution is to divide the press manufacturer into three independent units.
The prospects of a successful investors’ agreement for the insolvent manroland AG have improved further. Auditor Werner Schneider of the law firm of Schneider, Geiwitz & Partner reported conducting numerous negotiations with interested parties in the past few days.
More than 40 year after moving to Alaska, Warren Fraser—manager of Printing Services for the University of Alaska-Fairbanks—has no regrets about having left New England. Fraser became manager of the University's Printing Services in 1990, and immediately set out to establish a benchmark for quality.
With 68 percent of in-plants still providing offset printing (according to a new IPG survey), and shops like University of Alabama, University of Oklahoma, Vanderbilt University, and many others still keeping their presses very busy, it appears that long-run offset printing is a long way from fading away.
After negotiations with a potential investor failed to reach fruition, web and sheetfed offset press manufacturer manroland AG has filed for bankruptcy protection. Its insolvency proceedings represent Germany’s largest corporate filing in two years, Bloomberg.com reported.
Printing Industries of America has announced the recipients of the 2011 InterTech Technology Awards. The innovative technologies receiving this award are expected to have a major impact on the graphic communications industry.
Watch and listen as the judges discuss the merits and shortcomings of finalists in six categories, and then pick the winners.
Amidst economic rebounds, manroland recorded clear gains in orders for its 2010 financial year. Incoming orders were up by 15 percent from the previous year, totaling EUR 976 million. Sales, on the other hand, decreased to EUR 942 million(compared to EUR 1,112 million in the previous year), attributable to the low number of orders in 2009. Operating earnings (EBIT) registered a loss of EUR 66 million.
Océ Printing Systems and manroland AG have partnered to offer total digital printing solutions aimed at the graphic arts industry, including consulting, systems, services and materials provided by a single source. The companies will supply solutions that cover all of the manufacturing steps within the graphic arts industry by combining print data management and digital and offset printing as well as post processing.
