An insolvency practitioner has been appointed to South Wales-based CD printing and fulfilment specialist Traxdata Wales.
Earlier this year the company launched what was described as the worlds first method of individualising CDs and DVDs.
The Disc-ID system, which was developed with US manufacturer Apex, prints a unique code onto CDs during the standard decorative process.
Traxdata Group invested 5.5m in an expansion programme in July 1998 after the merger of its graphics division with Three Arch Press. It expected to create 170 new jobs.
The firm was unable to provide any further details as PrintWeek went to press.
Have your say in the Printweek Poll
Related stories
Latest comments
"I walked away from working with these people, too much effort for little reward! nice people, wish them all the best for the future!"
"Does that mean we'll have to think up a new name for fine white-glazed porcelain ceramics? How about Spode? Or is that a bit too, well, English?"
"“Eucalyptus globulus is five to seven times more productive than Nordic Pine and requires significantly less wood (up to 40% less) to produce the same amount of paper."
"The company added..."
Up next...
Aims to enhance efficiency
New nationwide printing framework launched
Plate tariffs in US 'a big win'
Kodak invests in innovation as print wing posts loss
Was still working at 81