Business

Unions have threatened strike action after Royal Mail announced that its £7.4bn defined benefit pension scheme will close to future accrual in March 2018.

GI Solutions Group has appointed a new managing director for the recently acquired Eclipse 4DM business, and is poised to roll out a digital re-equip at the site.

Aurora Digital Print has invested around £100,000 in a Ricoh Pro C9100 digital press to replace an eight-year-old HP Indigo.

Chancellor Philip Hammond has delivered his first – and last – Spring Budget, and with it a raft of measures that could impact printers, particularly SMEs.

Agfa-Gevaert has posted mixed results for 2016; the group saw a 4.1% drop in revenue but a 1.7% jump in gross profit and a recurring Ebitda margin above 10% of revenue.

Belle Design & Print has invested in a Horizon SPF/FC-200A stitch-fold-trim line to support its move to larger premises.

Central Mailing Services (CMS) has supported its continued growth with a £170,000 investment in a raft of new machinery and software.

HP has grown its turnover in the first quarter of 2017 by 4% compared with the same period in 2016 – from $12.2bn to $12.7bn (£10.4bn) – and overall profits are also up from $592m to $611m.

IST (UK) has signed up for next month’s inaugural PrintWeekLive! and will inform show visitors about its UV retrofit service.

Industrial Inkjet (IIJ) is developing a system that can digitally print wallpaper with production speeds that it claims are comparable to conventional methods.

David John Papers has invested in its third Renz machine in under a year as it continues to streamline its binding workflow.

Automation systems and consumables manufacturer Baldwin has acquired LED UV curing technology provider Air Motion Systems (AMS).