Germany

The plan to split the company into three divisions put forward by major German trading and manufacturing group, L. Possehl & Co. mbH, has won the approval of the manroland administrator. manroland’s Offenbach sheetfed printing systems site is to be restructured in the form of a management buyout under the planned three-way split of the company as part of its ongoing insolvency proceedings. The web press manufacturing site at Augsburg, where the IPMG and PMP 96-page presses are being made, will be acquired by L. Possehl &Co. Plauen, the third manufacturing site that was restructured last year as a

The Domino label press, its first foray into printing presses, is in the field with the company expecting a flood of orders over the next year DOMINO PRINTING SCIENCES HAS produced a 5% increase in sales for 2011 to £314.1 million, the 33rd year of growth for the Cambridge business. Pretax profits also rose to £57.4 million, up 10%. The company found it tough going in North America and parts of Europe, the UK and Germany excepted, but noted good growth in the developing markets in central Europe, the Middle East and Asia. The company has increased its staff

MGI Digital Graphic Technology, the digital printing and finishing solutions manufacturer, announced today that it has received the Engineering Prize for Innovation. The annual engineering award is organized by the French magazines “Usine Nouvelle” and “Industrie & Technologies”, in partnership with the National Council of French Engineers and Scientists. The award recognizes engineers who have distinguished themselves by their outstanding achievements. Along with MGI, the 2011 winners include Airbus and Total Petroleum Group. The jury elected to honor MGI’s R&D team for the innovation shown in the development of the JETcard®, the first solution utilizing MGI’s color inkjet technology.

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