KBA Raises Prices for Sheetfed Offset Presses by 2.5 Percent
In response to the increased purchasing costs for materials, energy and other resource inputs, the second-largest press manufacturer in the world, Koenig & Bauer AG (KBA), has announced a price increase of 2.5 percent for its sheetfed offset presses with effect from April 15, 2013.
This step is viewed as part of an extensive program of measures supporting stronger and sustainable profitability across all fields of business. Since 2009, the KBA Group has been the only major press manufacturer returning a positive overall bottom line. The company has now declared the same goal specifically for the sheetfed offset segment, after considerable streamlining of the workforce, comprehensive cost reduction measures and development of an innovative new press generation.
- Companies:
- KBA North America