Business Management - Finance/Financial

Stamford, Conn.-based Cenveo Inc., which has been struggling for some time partly from its heavy debt load due to past acquisitions as a one-time major printing industry roll-up consolidator, announced that it has reached an agreement with holders of a majority of its first-lien debt to support a voluntary Chapter 11 plan of reorganization.

Now in its 34th year, the Printing Impressions 400 has been unveiled, detailing the top 400 printing companies in the United States and Canada based on annual sales volume. As packaging continues to represent a lucrative growth segment of the industry, package printers are well-represented on this year's list.

The 2017 Printing Impressions 400 provides a detailed ranking of the top 400 printing companies in the United States and Canada based on annual sales volumes. As a major growth market of the printing industry, the packaging segment is well-represented, yet again.

In addition to announcing its third quarter results last week, EFI indicated that it intends to spin off its inkjet label line. The company also detailed its intent to continue its growth in both the textile and corrugated segments of the printing industry.

International Paper (IP) has signed a definitive agreement to contribute its North America Consumer Packaging business to Graphic Packaging in a transaction valued at $1.8 billion.

Formerly known as the TLMI Technical Conference, the printTHINK Summit will feature technical, business and operations related content.

The Landa Group has announced the appointment of Dafna Gruber as CFO of Landa Digital Printing. Gruber comes to Landa with more than 20 years of a successful track record in the financial and operational management of global public high-tech companies.

The Printing Impressions Top 100 print buyers collectively are predicted to procure $50 billion worth of printing, about 1.2% below 2017. What follows is a breakdown of the Top 100 print buyers in chart form and a more in-depth look at several companies.

Heidelberg hosted its Annual General Meeting, in which the Management Board discussed the company’s strategy and the figures for the past financial year with the shareholders. CEO Rainer Hundsdörfer presented “Heidelberg goes Digital!” in his speech, outlining the future direction for Heidelberg.

Keeping up with evolving brand and consumer demands along with rapidly advancing technology, means many package printers will be assessing the latest capital equipment. packagePRINTING recently hosted a webinar sponsored by BOBST outlining the steps you need to know to navigate the capital equipment purchasing process.