Petty site is sold in leaseback deal
The Polestar Group has made a sale and leaseback deal of its Polestar Petty plant to US-based investment firm WP Carey for 15.5m ($27.7m).
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The Polestar Group has made a sale and leaseback deal of its Polestar Petty plant to US-based investment firm WP Carey for 15.5m ($27.7m).
Printers will have more influence on marketing campaigns if they move towards digital print technology according to two marketers at a Hewlett-Packard (HP) event last week.
Escalating losses at its metallised paper division have seen API post an operating loss in its first half, and the group has also parted company with chief executive Derek Ashley.
Curtis Fine Papers has reached agreement with the GPMU to close its Dalmore mill, with the loss of 100 jobs, around a quarter of its workforce.
The managing director of book printer CPI Bath has said that the company would return to profitability after it posted growing losses in its accounts to March 2003.
The Journal Printing Company (TJPC) has invested 6 million in equipment, including its first web press, in what it hopes will be a "wake-up call" for competitors.
News International (NI) has again refused to comment on renewed speculation over plans to move its print facilities away from Wapping.
Antonio Fernandez, the managing director of Quebecor World Spain, will take over from John Dickin when he retires next month.
Polestar has officially confirmed that its new greenfield gravure plant will be based in the UK, in Sheffield.
Italian stacking and palletising specialist Civiemme is showing two new stackers at Drupa, including its first horizontal format machine.