If the printing company of tomorrow is going to look vastly different than it did even just five or 10 years ago, then it stands to reason that the printing trade show of tomorrow is due for an infusion that goes beyond Botox and a fanny implant. These changes will be more philosophical than cosmetic,…
As of Dec. 31, 2010, Kodak had tax attributes of approximately $2.9 billion pre-tax. Its board has now adopted a “Net Operating Loss” shareholder rights agreement designed to preserve those tax assets in the event of an “ownership change” as defined under Section 382 of the U.S. Internal Revenue Code and related U.S. Treasury regulations.
The revolution in the printing industry is one of survival, of technology and redefining and reinvention. Think Patented boasts of offering digital static and variable data printing, mailing, fulfillment, promotional products and other Web-based solutions to go with its sheetfed offset printing arsenal.
Commercial printer equipment installations and other news from Printing Impressions’ August 2011 edition, featuring items on The Foresight Group and Mercury Print Productions.
Bill Miller, who estimated a decade ago that Eastman Kodak Co. was worth about $100 a share, sold his flagship fund’s stake in the imaging company for a lot less. Legg Mason Capital Management Value Trust, run by Miller since 1982, disclosed in a semi-annual report last week that the fund sold 18.2 million Kodak shares late last year and during this year’s first quarter for about $3.89 each on average.
“Both the board and long term investors understand we are building a new company and they know that this isn't accomplished overnight,” said Gerard Meuchner, a Kodak spokesman, adding that
A lot of hope is riding on the Prosper 5000 XL sitting in Mercury Print Production’s Lee Road plant. The Rochester (NY) commercial printer is banking on the massive investment into the digital color inkjet printing press to help it be more cost competitive in the educational book industry.
And Eastman Kodak Co., the maker of the Prosper, is counting on the presses to help lift it out of the chasm in which it has languished in recent years.
The price tag—upwards of $5 million, including all the finishing equipment to go with the Prosper—made it the biggest investment in Mercury’s history
This year, Kodak customers won 22 of the 75 awards at the In-Print 2011 competition. Kodak’s solutions were used to produce 12 Gold Award winners, more than any other brand in the competition. The awards were presented at the 2011 IPMA conference, where all 75 winning pieces were on display.
The current high-speed inkjet web presses from vendors such as HP, Océ, InfoPrint, Screen and Kodak are exciting but impractical for most general short-run commercial printers. “They’re too expensive, too large, and too limiting for the range of substrates and formats commercial printers need,” says David Davis, a director at Interquest. “They’re great for many specialty providers such as book printers, direct mail and transactional printers, where these products have made a big impact in short order.”
But as Drupa 2012 draws near, we can expect to see more options for the “average” printer. “Inkjet is a very scaleable process,
Commercial printing industry news briefs, including items on Consolidated Graphics, RR Donnelley, Valassis, Grafix Systems, Southwest Offset, Mercury Print Productions, Rider Dickerson, Fort Orange Press and Printcrafters Group.
Commercial printing industry supplier company and personnel news from Printing Impressions’ June 2011 edition.
