Graphic Arts Magazine March 2018 | Page 22

Cover story What do you expect your investment to be over the next two years, as a percentage of your annual sales? 5% 3% or less 10% 30% 13% 16% 3-6% 6-9% 9-12% 27% 12-15% More than 15% If you plan to invest more over the next two years, tell us why? To operate more efficiently 64.2% Invest to stay competitive 63.4% Need to keep up with growth 39.0% Starting a new division 17.1% If you plan to scale back your investment over the next two years, why is that so? Economic uncertainty 47.4% Lack of financial resources 19.0% Lower sales 31.6% Scaling back the company 7.4% At capacity, so we have no need 28.4% Borrowing ability stays the course This is usually a contentious topic. But for our respondents, this year, financing seems to be a stable topic. Would you say it’s becoming easier or harder to obtain financing for equipment purchases? Significantly harder 7.0% Moderately harder 12.7% Somewhat harder 13.4% The same 52.8% Somewhat easier 9.2% Moderately easier 2.8% Significantly easier 2.1% Reasons for investing The most crucial reason for investing is to increase efficien- cies, though almost half of our respondents say they plan to enter new markets or offer more services. That’s encouraging. As for investment choices, it’s bindery, wide-format inkjet, automation, and colour toner presses that lead the way. 22 | March 2018 | GRAPHIC ARTS MAGAZINE Please tell us what your investment goals are for the next two years. Increase efficiencies Enter new markets Offer more services Replace obsolete equipment Environmental considerations Reduce labour costs by increasing automation 59.9% 48.2% 54.0% 43.0% 11.0% 35.0% Indicate what you plan to invest in over the next two years. Digital infrastructure, servers, etc. Workflow systems Database management systems Other software Computer-to-plate (CTP) Mailing equipment Fulfillment and kitting Offset presses 28” 40” larger than 40” Web offset presses Digital colour (toner) presses Inkjet wide-format printer Inkjet sheetfed presses Inkjet continuous-feed presses Inkjet packaging presses Inkjet label presses Bindery/finishing equipment Digital finishing equipment Other 34.33% 30.60% 18.7% 11.94% 6.7% 5.97% 5.22% 4.5% 3.0% 1.5% 3.0% 27.61% 34.33% 5.97% 1.5% 3.0% 7.46% 31.34% 34.3% 10.5% Tell us more about your inkjet equipment investments. If you plan to invest in a large-format printer, what type are you looking at? Choose all that apply. Aqueous Latex Solvent 17.86% 28.57% 13.10% Eco-solvent 33.33% UV-curable 28.57% Dye sublimation 17.86% UV Gel 9.52% graphicartsmag.com