KBA to Raise Prices on Sheetfed Offset Presses
WÜRZBURG, GERMANY—In response to the increased purchasing costs for materials, energy and other resource inputs, press manufacturer Koenig & Bauer AG (KBA) has announced a price increase of 2.5 percent for its sheetfed offset presses, effective April 15.
This step is viewed by the company as part of an extensive program of measures supporting stronger and sustainable profitability across all fields of business. Since 2009, the KBA Group contends it has been the only major press manufacturer to realize 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 a new press generation.
- Companies:
- KBA North America