Heidelberg Clarifies Direction

HEIDELBERG, GERMANY—As part of its traditional year-end press conference in early December, Heidelberg senior executives used the occasion to better explain its recent announcements.

Those announcements had included the impending sale of its web systems business, an additional worldwide work force reduction of up to 1,000 employees (primarily in Europe) and the repositioning of its digital division. Instead, the company will concentrate on the more profitable sheetfed offset printing market and its related value chain.