Business

Trade finisher First 4 Print Finishing has launched a new direct mail division, on the back of a 150,000 investment, to diversify into new markets and future-proof the business.

OKI is to lose around 175 people from its factory in Scotland after Japanese parent firm OKI Electric announced the global restructure of its printer division.

Hickling & Squires has opened a new wide-format suite to make room for two new printers to boost its banners, posters and point-of-sale material.

Litho printer Park Lane Press has won an environmental award for using green measures inside and outside its base including waterless kit and rainwater harvesting.

Eastman Kodak has announced its intention to sell two of its businesses to its own UK pension fund to help move towards an exit from Chapter 11 bankruptcy.

Walstead Investments has posted maiden profits, with chairman Mark Scanlon hailing "excellent progress" in 2012 following extensive restructuring at the business.

Business organisations have given evidence at a parliamentary inquiry into the practice of late payment and its impact on UK SMEs.

Allied Images has been appointed as sole distributor of Contex large format scanners to the UK and Ireland.

Northumberland's Potts Print has finalised its finishing upgrade with an MBO B30/444 folder, taking the total investment to around £530,000.