Companies & suppliers

Kodak losses continue to mount in latest monthly report

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.

Presstek touts positives of proposed acquisition by AIP

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.

SPM invests in new XL 75-5 to provide 'closed loop' control

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.

Alderson Print Group to start redundancy programme next week

The Alderson Print Group has said it expects to start making up to 90 of its staff redundant as early as next week.

Agfa's former Shoreham site could become Tesla museum

A dormant Agfa-Gevaert photographic emulsion manufacturing plant in Shoreham, Long Island has become the subject of a preservation campaign that has already raised $1.2m (735,000) in donations.

Adare reveals second debt-for-equity swap in 2011 accounts

Adare has been forced into a second debt-for-equity swap, according to its latest accounts, which revealed that the group had net liabilities of 5.9m for the year ended 31 October 2011.

Pageflex axes 26% of global workforce

Malborough Software Development Holdings, parent company of Bitstream subsidiary Pageflex, has announced a global restructure in a bid to save $2.6m (1.6m) a year.

Watkiss Automation takes on MOHR guillotine distribution

Finishing equipment manufacturer and supplier Watkiss Automation has secured the UK distribution of the MOHR range of guillotines.

Heidelberg rallies apprentices ahead of UK Skills Show

Heidelberg is urging printers to showcase their most talented apprentices and ensure UK has representation at forthcoming WorldSkills competitions.

Paperlinx blames European closures for A$266m statutory loss

The loss posted in the paper merchant's 2011/2012 financial report was almost double the anticipated amount of A$171m predicted by the Paperlinx board prior to the publication of its annual review in...