In-plants that hire temporary workers during busy seasons take heed. A Pennsylvania trade binder that used a staffing agency learned too late that the agency underpaid the temps and kept the excess money. Now the bindery has to pay a hefty fine.
Sussex, Wis.-based Quad/Graphics is acquiring LSC Communications, of Chicago, to create a combined $8.1 billion, publicly-held company. The deal is the result of a whopping $1.4 billion all-stock transaction, which includes the refinancing of LSC Communications' debt.
Agfa Graphics has announced that it will be closing its 250,000-sq.-ft. offset printing plate manufacturing facility in Branchburg, N.J., by the end of this year in order to optimize its global production capacity and supply chain efficiencies. The plant closure will impact 125 workers.
Mercury Print Productions, Rochester, NY, will be taking delivery of the first B1-format Landa S10P nanographic digital press in the U.S. on Nov. 10, with plans to having the perfecting press up and running in about one month.
There has been a lot of discussion as to how to attract more young people to the printing industry, including more women and minorities. There is no simple answer to the problem, but there are some solutions that can be implemented on a national and regional level.
We are seeing a big shift to investment in digital inkjet printing. That is because of the developments in inkjet technology over the past few years. Inkjet now has the fast speed, high print quality and great vibrancy needed to produce high-quality images on a range of different substrates.
In a unanimous ruling this week, U.S. International Trade Commission (ITC) commissioners determined that U.S.-based manufacturers of uncoated groundwood (newsprint) papers are not being materially injured or threatened by Canadian newsprint producers, ending the import tariffs.
A GPO contracting officer allowed Cenveo to alter its bid, the GPO-led investigation found, which then made its bid the lowest price.
The 10% tariff that the Trump administration has imposed on imported aluminum is now being passed through as a surcharge by major lithographic printing plate manufacturers to their U.S. offset printing customers.
The U.S. Department of Commerce slightly lowered tariffs on imported Canadian newsprint from a maximum 32%, to a maximum 20.26% duty.
As part of presenting Xerox's second quarter financial results, new CEO John Visentin also confirmed that Xerox's new leadership is not conducting an auction process to look for a potential buyer.
The U.S. Department of Justice decided to end the Census contract that had been initially awarded by the GPO to Cenveo.
In response to Fuji's $1B lawsuit, Xerox Vice Chairman and CEO John Visentin blamed the accounting scandal at Fuji Xerox as a main reason why the proposed $6.1 billion acquisition of Xerox by Fuji fell through and, at the same time, announced plans to sever their long-standing Fuji-Xerox partnership.
Fuji filed a new lawsuit June 18 claiming that Xerox breached its agreement with the company by making a unilateral decision to terminate the proposed agreement to combine Fuji Xerox and Xerox, without legitimate cause.
The offset and digital printing presses shut down on June 15 at Ann Arbor, Mich.-based book and journal printer Edwards Brother Malloy, ending the storied timeline of an independent, family-run business that dates back to its founding in 1893.