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2019-11-01 08:41Oosterhout, 1st November 2019 – Now the installation at the Newsquest printing site in Oxford has reached the forecasted results, the British media group, owned by the American company Gannett, is investing again in measurement and control equipment of Q.I. Press Controls. In conjunction with press manufacturer Koenig & Bauer (K&B), automatic cut-off and colour-register and closed-loop colour- and damp control are being installed at the Glasgow site. Read more ... -
2019-11-01 08:08Kinna, October 31th, 2019 – DCOS Automation has been awarded a contract to install closed loop ink density / color registration equipment to a DGM 440/430 press at Stuart Web, located in Stuart, Florida. Working with imPressions Worldwide on a comprehensive press addition and system upgrade project, Stuart Web will also add 3-used DGM 430 4-high towers to their existing press. Read more ... -
2019-10-31 12:34Montréal, Oct. 31, 2019 /CNW/ – Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today reported a net loss for the quarter ended September 30, 2019, of $43 million, or $0.47 per share, compared to net income of $117 million, or $1.25 per diluted share, in the same period in 2018. Sales were $705 million in the quarter, a decrease of $269 million from the year-ago period. The third quarter of 2018 included sales from the Catawba (South Carolina) and Fairmont (West Virginia) facilities, which were sold in the fourth quarter of 2018. Excluding special items, the company reported a net loss of $34 million, or $0.37 per share, compared to net income of $96 million, or $1.03 per diluted share, in the third quarter of 2018. Read more ... -
2019-10-29 14:34Montreal, Oct. 29, 2019 /CNW Telbec/ – Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) today announced that it has entered into an amended and restated senior secured credit agreement for up to $360 million, replacing the company's existing $185 million senior secured credit facility. The amended and restated credit agreement includes a term loan facility of up to $180 million and a six-year revolving credit facility of up to $180 million. The term loan facility is available with a delayed draw period of up to three years, and the choice of maturities of six to ten years from the date of drawing. Read more ... -
2019-10-29 12:48Würzburg, 29.10.2019 – One of the largest newspaper printing houses in Iceland, Landsprent ehf, has decided to bring its Commander press from Koenig & Bauer into line with the latest state of the art. Landsprent General Manager Gudbrandur Magnússon: “We have already enjoyed a close and trustful relationship with Koenig & Bauer for a very long time. And it was together that we developed the project of a step-by-step retrofit for our press.” Read more ...
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The newspaper industry is under pressure globally. While in the West, decline of the newspaper has been rapid, in the East, newspapers will probably survive for longer. However, there are several pressures on the newspaper industry in the East as well – competition from digital readership, increasing input costs, reducing advertising spends, and so on. In such a scenario, it is important for newspaper industry players to collaborate to improve internal operational efficiencies across the industry. Through such an effort the overall industry will stand to benefit. With this objective in mind, an industry-wide benchmarking exercise was carried out to identify specific improvement opportunities across players. The result has been extremely encouraging. This report details out the methodology and findings of this benchmarking exercise.