Equipment manufacturers

Converting machinery manufacturer Brausse is to set up sales and service bases worldwide by the end of 2012.

Kodak's US operations made a net loss of $78.7m (49.7m) on revenues of $162.5m in July taking its combined losses since the start of the year to $745m on sales of $1.1bn.

Direct imaging press manufacturer Presstek has said that the proposed acquisition will provide a range of benefits as well as boosting the company's financial resources.

Rotherhithe, London-based SPM Print has invested 850,000 in a new Speedmaster XL 75-5 plus coater to replace two older SM 74-5 presses.

Xeikon has cited the 'Drupa effect' for a 1.1m (874,000) year-on-year decline in net profit and a 1.9m fall in pre-tax profit during the six months to June 2012.

Stationery manufacturer Duraweld has dedicated an in-house team to its 'paper over board' range following a seven-fold increase in sales over the past year.

Eckhard Horner-Marass has been appointed to the vacant managing director position at Manroland Web Systems.

Santa Ana, CA-based Foster Printing has bought a new KBA Rapida 205 81-inch, six-color UV press in order to meet demand for larger formats in everything from point-of-purchase displays to packaging.

American Industrial Partners (AIP), the private equity firm that owns narrow and mid-web flexo press manufacturer Mark Andy, has launched a bid to acquire Direct Imaging press builder Presstek.

Gemini Group has invested in a raft of new litho and digital kit, including two new Heidelberg Speedmaster XL presses, as part of a "long overdue" 3.4m capital equipment upgrade.