Graphic Arts Magazine October 2018 | Page 10

Print industry news Epson opens new Technology Center in California The Epson Technology Center in Carson, California showcases unique Epson printing solutions and applications, while provid- ing a comprehensive, hands-on experience with the full Epson wide-format printing portfolio – including dye-sublimation, signage, photography and DTG printing solutions. It allows customers to output their own files, while getting a deeper look into how to expand their services and improve workflow. Solu- tions showcased include: the SureColor F-Series dye-sublimation and direct-to-garment printers for textile appli- cations; the SureColor T-Series wireless technical printers; SureColor P-Series aqueous printers for photography, proofing, and graphic design; and the SureColor S-Series solvent printers for signage, vehicle graphics and fine-art reproduction. The new facility also includes factory-automated robots and colour label solutions. Epson will be working with its dealers to launch other Epson Certified Solution Centers in key m et ro p o l i t an areas later this year. Epson Technology Center Kodak to sell its Flexographic Packaging Division Kodak’s FPD produces the Flexcel NX system of flexographic imaging equip- ment, printing plates, consumables and related services. For the past 12 months, FPD reported revenues of $150 million. During this period, FPD has demonstrated strong growth, achieving a 9% increase in revenue and 18% operational EBITDA growth, Jeffrey J. Clarke, said the company. The division cur- CEO, Kodak rently employs about 300 people. Kodak’s Flexcel NX platform uses proprietary imaging technol- ogy to provide consistent, high-quality print with maximum on-press efficiency across the full gamut of flexo applications. “FPD has performed exceptionally well over the past five years and has become a significant player in the industry,” said Kodak CEO Jeffrey J. Clarke. “Kodak has been evaluating monetization opportunities for the last several years in order to deleverage the company, and we believe this is the right time to monetize this valuable asset.” Marquis acquires Webcom to become Canada’s largest book manufacturer Marquis Book Printing (Montmagny, QC) has acquired Webcom of Toronto, another book printing giant. The transaction will create an annual production capacity of over 100 million books 10 | October 2018 | GRAPHIC ARTS MAGAZINE produced in three printing plants. The companies said that their combined strengths will help book publishers successfully navigate changing supply chain dynamics with POD, automatic stock replenishment, and complete life-of-title management solutions. “This acquisition attests to our confi- dence in the future of printed books,” said Serge Loubier, Marquis President and CEO. “It’s a new strategic mile- Serge Loubier, stone on our roadmap to making president and CEO, Marquis a leading book printer in North Marquis Book Printing America.” Mike Collinge, President and CEO of Webcom, added: “The two companies complement each other perfectly. Marquis's leadership serving trade pub- lishers dovetails well with Webcom's digital inkjet leadership supporting educational and professional reference publishers.” The purchase price was not disclosed at press time. Sherwood Printers buys Printer Gateway Leading Ontario trade printer Sherwood Printers (Mississauga, ON) has purchased the Printer Gateway building also located in Mississauga, as well as the majority of its printing assets – including its prepress equipment, presses, bindery equipment, software, online assets and more. Sherwood owner Manoj Sheth is planning to relaunch Printer Gateway as a trade-only gang-run printer next month. Sherwood Printers provides a variety of services and products including stationery, promo- tional, mailing, POS, multi-page, packaging and other specialty printing. Its online printing centre provides instant online quotes and ordering. The company also stays on the cutting-edge of new technology. In 2017, it purchased the LasX LaserSharp Laser Module that eliminates costly mechanical dies. Printer Gateway was one of Canada’s largest nationally recognized web-to-print trade printers, and was closed by owner Supremex (LaSalle, QC) in January, 2018. Cascades to close two Ontario production facilities Cascades (Kingsey Falls, QC) will be closing two corrugated packaging plants in Ontario as part of its ongoing efforts to reorganize, streamline and optimize its operations. The closures, expected to take place by the end of 2018, will affect about 65 workers at its Jellco Packaging plant in Barrie and its Coyle Packaging plant in Peterborough. Both were pur- chased in December 2017. Production will gradually be redeployed to its other Ontario facilities. Cascades has 90 plants across North America and Europe employing over 11,000 people. graphicartsmag.com