Business

Foster City, CA-based EFI cited strong US sales as well as continued demand for its Fiery controllers as it reported Q1 income of $8.2m (Q1 2012: $6.2m) on a 7% revenue rise to $171.4m.

Xerox cited weakness in its Document Technology business, which includes the iGen commercial press line, as it reported Q1 sales declined by 2.7% over the same period in 2012 to $5.4bn.

Leicestershire-based Frip Finishing installed a second Bobst BMA 126 foiler into its Hinkley site recently, as part of a long term investment strategy.

Swiss CTP system manufacturer Luscher has gone bankrupt.

The BPIF is to compile a report on a two-year project, backed by the European Commission which aimed to encourage more SMEs to take up the European Eco-Management and Audit Scheme (EMAS).

George Osborne is expected to announce an extension to the Funding for Lending Scheme (FLS), which is due to expire in January 2014.

Watford-based Lazar Print has invested in a Horizon SPF/FC-200A stitch, fold, trimline to break into trade booklet production work.

Alpha Media Solutions (AMS) has acquired the business and assets of Keighley-based commercial print business Steffprint via a pre-packaged administration.

The 274-year-old <i>The Scots Magazine</i> is unveiling a new look later this month, increasing in size from A5 to B5.

Bavarian manufacturing firm IBS has acquired the former Plauen factory and assets of Manroland AG from its administrators, for an undisclosed sum.

The Forum of Private Business (FPB) will be among a raft of business and industry representatives giving evidence at a cross party meeting next week examining the impact of late payment on SMEs.