Sheetfed

A big increase in orders for special presses has boosted first-half results at Koenig & Bauer, with the order backlog at the manufacturer ‘extraordinarily high’ at more than €800m (£712m).

Ricoh has extended its portfolio with a new digital colour cut-sheet printer targeted at the corporate reprographics department (CRD), print rooms and other corporate, on-demand environments.

Heidelberg has described ink as “the gold of digital printing” as it set out a €200m (£176m) sales target for its Primefire and Labelfire high-end inkjet presses.

Sheetfed magazine specialist Pensord is investing over £3.3m in highly automated kit as it rolls out a future-proofing strategy at the business centred on profitable capacity.

Henry Stone had less than £1,000 in the bank when it went bust earlier this year, and left behind a total shortfall of almost £3.5m.

Heidelberg chief executive Rainer Hundsdörfer has described his €3bn turnover target as “increasingly within our grasp”, despite the group posting a drop in sales its preliminary results.

Steve Turner has been promoted to managing director of Komori UK as part of a corporate reorganisation at the manufacturer’s European operations.

Koenig & Bauer said it is on track to meet its 2018 targets, despite its revenue falling by 16.1% year-on-year in Q1.

A potential bid to resurrect the shuttered Henry Stone print site will not go ahead.

Label and flexible packaging specialist Mark Andy has acquired Direct Imaging press and plates specialist Presstek from its private equity owners, in the latest consolidation play among industry...

Koenig & Bauer is working “intensively” on new products for the packaging, digital and industrial printing markets, after filing a strong set of results for its latest financial year.

Henry Stone has gone into administration just four months after the collapse of its ill-fated venture into web offset at Stones Ashford, and will be wound down immediately.