Hurricane Sandy hit the East Coast on Friday evening, bringing with it winds and flooding across the most populated corridor in the United States. Estimates of the damage are still coming in as millions in the U.S. have been left without power. As of noon Tuesday, at least 21 are reported dead in the U.S., bringing the total death toll to 67.
Printer News
Hewlett-Packard Co. is set to unveil a new line of printers for business Tuesday. This marks one of the first major fruits of Chief Executive Meg Whitman's efforts to invest more in research and development as she tries to turn around the struggling technology company.
The printers, so-called multifunction machines that combine standard printers with scanners and software to manage electronic documents, are among the fastest-growing segment in the printing industry.
Dayton, Ohio-based Standard Register (SR), a leader in critical communications management solutions, announced its financial results for the third quarter and first nine months of 2012.
Rochester, New York-based Eastman Kodak Company announced that its board of directors has elected Douglas Edwards as a senior vice president of the company, effective immediately.
Chicago-based RR Donnelley & Sons Company has been awarded a $25 million multi-year agreement by Parke-Bell Ltd, Inc. to provide prepress, printing, binding and logistics services for the company's Touch of Class catalogs.
According to Printing Industries of America’s (PIA) 208 survey panelists, printing industry sales increased by 2.3 percent year-to-date (YTD) 2012. According to the U.S. Census Bureau, YTD 2012 shipments on a nominal unadjusted basis declined 2.2 percent.
Xerox saw a 12 percent drop in Q3 profits as demand for its equipment and supplies declined.
The company has mentioned facing weaker-than-expected demand in Europe amid economic turmoil and competitive pricing. Investors are searching for increased profitability in services, where Xerox is making up for declining print revenue with contracts such as automating payments for governments or processing claims for insurers.
During their quarterly earnings announcement Tuesday, Lexmark International executives might make their first public comments on how efforts are going to sell the company's inkjet printer operations.
The company, based in Lexington, announced in late August that it would shut down its increasingly small inkjet operations. The move came a few years after the company stopped producing inkjet printers aimed at home consumers because the customers weren't printing enough to meet profit expectations. Instead, the company had used the inkjet technology to complement its laser printer lines aimed at businesses.
Butler, Wisconsin-based Western States Envelope & Label is a proud supporter of the new Print Apply iPhone app, which means it’s free through a special link.
Mass customization and an increasing mix of retail channels have had a significant impact on operational efficiency for many manufacturers, particularly when it comes to labeling.