The Seybold Report

Hewlett-Packard Announces Restructuring and Elimination of 27,000 Jobs

Hewlett-Packard has announced a multi-year restructuring effort scheduled to end in 2014 which involves the elimination of approximately 27,000 jobs, about 8% of the company's entire labor force. The company estimates the changes will help save the company several billion dollars. No details about how the restructuring might affect the HP Indigo division were released. more

RR Donnelley to Acquire EDGAR Online

RR Donnelley and EDGAR Online have announced the two companies have signed a agreement for RR Donnelley to acquire EDGAR Online, a leading provider of disclosure management services, financial data and enterprise risk analytics software and solutions. The deal is valued at approximately $70.5 million and is expected to close during the third quarter of 2012. more

InfoTrends Foresees Digital Technology Impact on Printed Textile Market

InfoTrends believes digital technologies will have a significant influence over the $165 billion printed textile market beginning in the near future. In its multi-client study, Transforming Textile Printing, InfoTrends will answer important questions about digital technology used in this market and provide insight into the future of the market. more 

OKI Data Americas to Demonstrate Cloud-Based Print Portal

OKI Data Americas will sponsor the Transform 2012 Global conferences, hosted by the Photizo Group, May 24-25 at the Hilton Bonnet Creek in Orlando, Florida. The company will demonstrate its proprietary, Cloud-based managed print services system, Total Managed Print. Tim Brien, Director of MPS at OKI Data Americas, will participate in an executive panel moderated by Photizo Group CEO Edward Crowley on May 25. more

Finch Announces Extended-Size Fine Color Digital Paper

The new Finch Fine Color Copy 14” x 20” and 14” x 36” digital sheet sizes are designed for color production printing on extended-size digital print systems such as the Xerox iGen4 and Kodak NexPress. The company says the new papers have smooth, bright surfaces optimized for dry-toner print production. The paper line also performs on office copiers and printers and conventional offset presses. more 

Houghton Mifflin Harcourt Files for Restructuring

Houghton Mifflin Harcourt has filed a Chapter 11 financial restructuring plan with the U.S. Bankruptcy Court of the Southern District of New York. The company says the plan will eliminate $3.1 billion in debt through an equity swap, reduce the publisher’s annual cash interest costs, and will give the company a stronger capital structure to support its strategic plan and business objectives and to pursue growth opportunities. more

Bell and Howell Shows Criterion Apex at drupa 2012

Bell and Howell demonstrated its Criterion Apex sorting system at drupa. The company says the system provides pre-sort businesses and private European mail carriers to adapt their operations as needed as business needs change. more 

Two SGIA Members Attain SGP Certification

SGIA members Visual Marking Systems and ProGraphix have earned certification under the Sustainable Green Printing (SGP) Partnership. Certification requires commitment to annual sustainability objectives.  more 

QuadTech and System Brunner Enhance Instrument Flight Product

QuadTech and System Brunner have announced the combination of QuadTech’s Color Control system with SpectraCam and System Brunner’s Instrument Flight, which, the companies promise, will deliver a full range of print attribute data for precise color management including L*a*b* and TVI. more 

Kodak and Ryobi Partner to Create Fully Integrated Hybrid Sheetfed Press

Kodak and Ryobi are creating a hybrid sheetfed press family by integrating the Ryobi 750 Series offset press family with the Kodak Prosper S5 Imprinting System. The announcement follows the disclosure of the initial business results achieved by Komatsu General Printing Co. Ltd. after installing the prototype hybrid and is a response to customer demand received by Ryobi distributors. more

http://graphics.kodak.com/US/en/About_GCG/News/default.htm

PODi Announces Cloud Production Printing Initiative

PODi has announced a partnership with EFI, HP, Xerox, and others to define how Cloud computing will be used to create, prepare, and produce printed work. The strategy working group, chaired by HP Distinguished Technologist Craig White, will hold its first meeting in 2Q12. more 

Women in Print Gathering at drupa Attracts 100+

More than 100 women attended the international Women in Print networking meeting in Heidelberg’s customer lounge at drupa on May 6. Women from 22 countries including Spain, France, Germany, Turkey, Russia, North America, China, Israel, Egypt, Indonesia, India, Qatar, and Brazil, compared experiences and heard speakers from a wide range of industry sectors. more 

MGI Presents New Digital Toner and Inkjet Presses at drupa

MGI Digital Graphic Technology of Ivry-sur-Seine, France, announced a new lineup of products, including a broad range of new toner and inkjet digital production devices, at drupa. The new products include a preview of the AlpahJet B2 sheetfed inkjet press scheduled for commercial release next year, the JETvarnish 3D digital spot UV coater, the Meteor DP8700 S dry toner press, Nova UV inline UV coater scheduled for release late this year, and the Jet 7540 4-6 color inkjet press. more

GMG Introduces OpenColor Proofing at drupa

GMG has introduced BMB OpenColor, a proofing system designed by Dr. Hanno Hoffstadt’s research group for advanced color management. According to the press release, GMG OpenColor creates color-accurate proof reproductions of print processes using spot colors and multicolor separations with more than the traditional four process colors for offset, flexo, and gravure prints. more

Kodak Honors Frank Romano with Print Ambassador Lifetime Achievement Award

Kodak presented its Print Ambassador Lifetime Achievement Award to Frank Romano at drupa. Romano is the third recipient of the award, created to honor individuals with a passion for advocacy and education in the printing industry. For more than 50 years Romano has worked for in the graphic arts industry. He has worked industry suppliers, written dozens of books and articles, served as a professor in the field, addressed professional groups worldwide, and consulted with most major print suppliers, and more, very much more. The Seybold Report congratulates Romano, a long-time Friend of Seybold, for receiving this well deserved honor. more