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Xerox has withdrawn its 2020 revenue and profit forecasts, citing economic uncertainty caused by COVID-19. The company’s revenue fell 14.7% in the first quarter.
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Over the past six weeks, Mimaki’s Virtual Print Festival registered over four million views, with more than 2000 people actively participating in webinars, virtual coffee sessions and other online events.
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In a major consolidation move, leading US industry groups The Specialty Graphic Imaging Association (SGIA) and Printing Industries of America (PIA) have announced an official merger effective May 1, “to bring resources and services together under one roof to best support future industry growth and longevity.” The new association’s name will be announced in coming weeks.
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Drupa's 3rd Global Trends Report is about to be released in May. It will show that printers are adapting to challenging market conditions by successfully launching new products and services. It also spells a much more serious problem for commercial offset than even post-Covid scenarios suggest, with only 20% of respondents predicting investment over next 4 years.
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With commercial printers hit by steep revenue falls of up to 90% because of COVID-19, print businesses may need to work with other printers if they want to stay in the game, according to industry analyst Richard Rasmussen of Ascent Partners. “We must accept that the world has changed." Ascent has launched a new collaboration program.
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“It won't be long before we'll see more businesses opened up again and we'll try and get back to some type of normal,” Prime Minister Scott Morrison told ABC Radio.
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Most printing and signage companies reopened for business on Tuesday as 400,000 New Zealand workers returned to work under more relaxed Alert Level 3 lockdown restrictions.
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ASGA and FESPA Australia are collaborating on a series of free webinar sessions, beginning this Thursday, to examine the JobKeeper scheme and other issues related to coronavirus guidelines.
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Small businesses across Australia have been given an extension to pay their employees under the JobKeeper program, after concerns raised last week by Small Business Ombudsman Kate Carnell.
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The federal government has released national COVID-19 safe workplace principles for businesses and workers that are designed to prepare workplaces to resume normal operations during the coronavirus pandemic.
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An infectious diseases expert says Australian factories and businesses hoping to reopen under any government easing of Covid-19 restrictions will have to rethink how they operate. The comments came as Prime Minister Scott Morrison said the federal government was building towards a ‘COVID-safe economy.'
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Software company Enfocus, a global leader in PDF productivity and workflow automation for the graphic arts industry, has released PitStop Pro and PitStop Server 2020: “A must have, not only for printing companies, but especially also for Large Format Printing.”
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Wide format technology manufacturer Durst has responded to a lack of suitable protective masks for industrial work by converting the demo centre at its Brixen headquarters in South Tyrol, Italy to industrial mask production.
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The Japanese government will invest up to two billion dollars to encourage Japanese firms that manufacture products in China to move back to Japan, according to industry researcher Keypoint Intelligence. Ricoh recently moved its production print manufacturing from China to Thailand to offset US tariffs.
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Outdoor advertiser oOh!media has partnered with Greater Bank to recognise local heroes including nurses, teachers and café owners across NSW for their kindness and generosity during the COVID-19 crisis. Meanwhile, ASX-listed oOh!media this week completed the retail component of a $167 million capital raising.
- Small businesses urged to apply now for JobKeeper payment
- Epson once again recognised for Environmental, Social & Governance practice
- Recovery: JDA Print Recruitment – planning ahead
- Recovery: NZ Signmakers D&D show how it's done
- Outdoor industry lights up the dawn for Anzac Day
- Calling all wide format flatbed cutting table owners! Cut out & Scrub Up!
- Good response to ASGA free membership offer
- “After the storm comes a rainbow”: one year to drupa 2021
- New Zealand printing industry to reopen next week
- Large format market to grow to $11.2 billion by 2025
- Fujifilm Australia HQ moves to new high-tech hub
- ASB Ombudsman demands 30-day payment time legislation
- Minuteman Press brings 'Bounce Back Australia' hope to our shores
- EasyCut updates its vinyl cutting software
- New Zealand printing industry prepares to reopen