PrintCAN News RSS PrintCAN RSS en-us Tue, 02 Jun 2020 17:05:32 UTC Tue, 2 Jun 2020 13:02:56 EST Data CEO on Temporary Leave Wed, 27 May 2020 18:17:02 EST Gregory Cochrane CEO DATA Communications Management (formally Data Business Forms ) , announced Gregory Cochrane, DCM’s Chief Executive Officer, is taking a temporary medical leave of absence, effective immediately. In Mr. Cochrane’s absence, Michael Coté, President of DCM, will assume Mr. Cochrane’s responsibilities and will be supported by the Company’s existing senior executive and management team, Xerox and Bobst Pull From Next Drupa Wed, 27 May 2020 17:38:24 EST Xerox booth from Drupa 2016 Xerox and Bobst have both said  they will not be  exhibiting  at Drupa  2021 the industry’s largest event. Xerox occupied about a quarter of Hall 8b . Xerox has said "Given continued uncertainty around holding large events during a pandemic and our own schedule for product introductions, Xerox has decided not to participate in the Drupa 2021 trade fair.” The Fuji-Xerox joint venture will expire at the end of March 2021, just prior to Drupa’s new dates of 20-30 April.  Performance Printing Closing Wed, 27 May 2020 16:29:06 EST Was bought in 2011 by Mertroland ( Torstar) Metroland Media (Torstar) announced Friday that it is closing Performance Printing in Smiths Falls after more than 40 years in operation. Forty-six people will be out of work when the doors close on June 19th. Thirty-eight full-time and eight part-time employees will be affected.In a statement, Torstar says the decision to close the plant “is a function of the exceptional challenges facing Printful Opening First Plant In Canada Wed, 27 May 2020 15:05:02 EST Major player in the promotional products field Printful plans to open a 2,900 square meter facility in Mississauga,  with production expected to start by the end of 2020. This is the on-demand fulfillment company's first facility in Canada and seventh worldwide. Their initial investment will be $2.8 million CAD and they are planning to grow their Canadian team to 50 people in their first 3 years of operation. Jones Buys Custom-built Koenig & Bauer Rapida 106 Wed, 27 May 2020 14:49:11 EST Chris Jones Harris, Principal, Corporate Development and Ron Harris, President & CEO at Jones Healthcare Group Jones Healthcare Group  announces a significant investment in a new, custom-built Koenig & Bauer Rapida 106 eight-colour press. The press will increase the company’s production capacity and drive speed to market for its health and wellness folding carton clients.  Ron Harris, President & CEO at Jones said “Our new press is just the first of our planned equipment investments through 2021 totalling $20 million .” Consumers Prefer Paper Packaging Sun, 24 May 2020 18:28:03 EST Consumers also ranked paper packaging highest As consumers become increasingly aware of the environmental impact of their packaging choices, a majority believe paper-based packaging is better for the environment, according to the results of Two Sides North America’s 2020 Packaging Preferences Survey.  Respondents were asked to rank their preferred packaging materials (paper/cardboard, glass, metal and plastic) based on 15 environmental, practical and visual/tactile attributes. LSC Communications Possible Break Up Wed, 20 May 2020 18:45:22 EST Once part of RR Donnelly , North America's largest printer  LSC Communications  the  forth largest US printer has hired a  investment bankers to explore a sale of the business that could see it broken up. The $3.3bn  printer filed for Chapter 11 bankruptcy protection in April. LSC is  exploreing  a sale of the company or the four segments. The four segments identified are: books; magazines, catalogues and logistics; office products . Canon Rolling Out UVgel Technology With Wallpaper Press Wed, 20 May 2020 18:16:27 EST Canon Wallpaper Press with UVgel technology Canon  announce Canon UVgel Wallpaper Factory, an integration between  Colorado Printer Series and UVgel technology, and finishing partner Fotoba. Designed for  throughput, high-quality, and efficiency, this solution is  for automated production of customized wallpapers.  The Canon UVgel Wallpaper Factory is a complete end-to-end solution for new customers and as an upgrade for existing Colorado roll-to-roll large format printers. 365 Days Till Drupa, Tickets Now Available Wed, 20 May 2020 17:49:53 EST   365 days before drupa. The new date of April 20 - 30, 2021 is now firmly established in the international calendar. The decision to postpone was difficult, but the only right choice for everyone involved. The industry hopes for a quick end of the pandemic and is counting on a strong drupa 2021. "Drupa is the industry’s key event everyone is waiting for. That's why it is so important that the fair can function without restrictions, that many visitors come and that we can exchange ideas intensively for 11 days" Veritiv Becomes Exclusive Distributor For APP Coated Board Wed, 20 May 2020 17:36:49 EST Veritiv 410,000 sq. Ft. Head Office in Mississauga Veritiv Canada has become the exclusive Canadian distributor of coated board from  Asia Pulp & Paper (APP). The arrangement gives Veritiv exclusive marketing, selling and distribution rights in Canada to APP’s lineup of coated board  imported from China.The  coated grade of board   is  used in packaging for cosmetics  , pharmaceuticals, food , point of purchase displays, Horizon and Ryobi Taken Over By RM Machinery Wed, 20 May 2020 16:36:27 EST   Steve Klaric Canadian Sales Manager     RM Machinery is expanding to Canada. They are opening an office on Satellite Drive in Mississauga. They also have become the Canadian distributor for Standard Horizon,RMGT Ryobi, Mitsubishi Presses, Miyakoshi and Bottcher. RM Machinery have hire a staff of three so far on service and sales including Steve Klaric formally of KBR. No Name Association Becomes Printing United Alliance Wed, 13 May 2020 21:07:05 EST New logo of merged associations The Specialty Graphic Imaging Association (SGIA) and Printing Industries of America (PIA), which merged on May 1, 2020, has announce the new organization name as PRINTING United Alliance and their new logo. PRINTING United Alliance also announces its official board of directors as a merged entity. Scott Crosby ofTranscontinental Holland & Crosby Vice President of Sales and Marketing PrintForward Creates New Website Tue, 12 May 2020 20:57:14 EST Western Canada's Printing & Imaging Associations PrintForward Association,  Western Canada's Printing & Imaging Association,  has make major improvements to their website.  It has now taken on a whole new look and feel. They have added a COVID-19 section to the website with links to government sites,  links provide access to information on how to protect staff and programs to assist printers . Added new partners to the association. Federated Insurance,"Telus" & "Baseline Processing has now become a partner.  Monthly webinars, accessible through PrintForward's new partnership with SGIA, now called Printing United; US Post Office -The Power of Direct Mail Tue, 12 May 2020 20:24:56 EST Power of direct mail vs digital advertising study The U.S. Postal Service  worked with Temple University’s Center for Neural Decision Making to conduct a neuromarketing study focused on the differing response to physical and digital media in the consumer buying process, including intent to purchase. Neuromarketing methods reveal actual activity deep in the brain and other physiological responses as opposed to stated answers to survey questions.The results of the study showed that participants processed digital ad content quicker. However, participants spent more time with physical ads. Cimpress Gets $300 million in Financing Tue, 12 May 2020 19:40:08 EST Vistaprint TV ads have been pulled back Apollo Global Management Inc. is investing $300 million in Cimpress , the parent company of Vistaprint which has been hurt by the coronavirus pandemic. The $300m  will be used to pay down some of the group’s existing term loan. The five-year, subordinate second-lien secured note  has a 12% rate, with Cimpress able to pay up to 50% as paid-in-kind. Apollo also has a seven-year warrant to buy just under 4% of Cimpress  stock at $60 a share. Cimpress’ share price has lost more than 50% during March, falling from $119.04 to $46.05.