After nine months of financial year 2012/2013 (April 1 to Dec. 31, 2012), Heidelberger Druckmaschinen AG (Heidelberg) is on track to achieve its operating targets for the current financial year.
Five years after introducing Saphira Aqueous Coatings to the market, Heidelberg recently began manufacturing the coatings locally at its new Hi-Tech Coatings plant, located in the Detroit suburb of Taylor, Mich. A ribbon-cutting ceremony to mark the opening was held Aug. 30.
The chief executive officer of Heidelberger Druckmaschinen AG, known in the U.S. as Heidelberg Printing Machines, said the end of the print industry slump is coming soon.
Company CEO Bernhard Schreier sees an end to the years of decline for Germany's printing-press manufacturers, according to an interview with Welt am Sonntag.
Makers of printing presses will be able to defend market share from digital-print competitors, Schreier told Die Welt. Digital-print makers now have about 10 percent of the market by print volume, and this shouldn't rise to more than 20 percent, Schreier told the German newspaper.
Harwood Heights, Illinois-based FCL Graphics Incorporated, a leading printer of marketing and direct mail materials, announced its latest investment in a newly installed high-speed Heidelberg stitching line with six model TAS signature feeders with the Optigraf signature recognition system.
PINE, New England's largest trade association for printing and graphic communications companies, has named well-known industry expert Ray Prince of GreensheetBIZ.com recipient of its 2011 Influencer Award.
Heidelberg USA announced that James P. Dunn will retire from the company. Harald Weimer will take over as President of Heidelberg USA and Market Head for North America effective later this year.