More News
Poly Plates Vindicated
While polyester printing plates may have once been guilty of stretching and failing to register, those days are now past, according to a study by Printing Industries of America's Graphic Arts Marketing Information Service.
The study uncovered numerous examples of printers producing quality process color work in tight register. Today's poly plates can handle up to 25,000 impressions, the study says, and will work on a range of presses. They can print products with half tones, screen tints and heavy coverage. For more information, visit www.gamis.org.
Profits Down
Quick printers reported a drop in profits in 2000, according to the Printing Industries of America 2001 Ratios survey. Before-tax profit rates, as a percent of sales, declined from 4.11 percent in the 2000 survey to 3.69 percent in the 2001 survey.
Respondents reported average sales per employee of $102,732, an increase from 1999's figure of $83,888.
News Briefs
• Unable to secure new capital within the time frame of provisional creditor protection, the Board of Directors for Xeikon N.V. is arranging to sell the company's assets prior to liquidating it and repaying its outstanding debts. There will not likely be any remaining funds available for shareholders.
• After fighting it for more than a year, Willamette Industries has agreed to be sold to Weyerhaeuser.
• A.B.Dick is moving its press manufacturing operation to Rochester, N.Y., by the end of March, closing its Niles, Ill., plant. Up to 175 employees will be eliminated. Headquarters will remain in Niles.
• Marconi Data Systems Inc. (formerly Videojet Systems), will be purchased by Danaher Corp.
Calendar
• April 7-11. Association of College and University Printers conference. Hosted by Louisiana State University, in Baton Rouge. For information, call (225) 578-2883, visit www.lsu.edu/graphic_services or e-mail mkloyd@lsu.edu.
• April 23-25. On Demand Conference. Jacob K. Javits Convention Center, in New York. Call (203) 882-1300, e-mail ondemand@advanstar.com or visit www.ondemandexpo.com.
