Posts tagged: direct to press

manroland enters insolvency

Ralf Schlozer
 Nov 25, 2011

While times have been tough for offset printing equipment suppliers in recent years it still came as a surprise that manroland has filed for insolvency protection (the German equivalent of Chapter 11) on the 25th of November. The announcement came only one day after reports that negotiations with a potential investor failed.

In a statement issued on its website manroland confirmed that it had been forced to initiate insolvency proceedings following a “dramatic downturn in incoming orders” since July. The company has filed a request at the local magistrate for self-administration in order to finalise its on-going restructuring efforts as a “debtor in possession,” a court-appointed lawyer will act as general representative during the time of restructuring, while the company’s situations and options are evaluated.

While several offset press vendors have exited the market in the last decade (InfoTrends not long ago reported on the state of the offset press manufacturing industry), the insolvency of manroland gives the decline in offset press manufacturing a new dimension. To put these proceedings into perspective: the insolvency of manroland is the biggest insolvency of any kind in Germany for the last two years, despite many companies having been hit by the financial crisis. It is affecting a company, which has been in business for more than 160 years and survived two world wars and the transition from letterpress to offset. Read more »

Presstek Announces Larger Format Multi-Station DI Press

Jim Hamilton
 Mar 19, 2010

Presstek announced this week that the larger format DI product that it first mentioned at drupa 2008 will be shown at IPEX in May and Graph Expo in October. The product is called the Presstek 75DI and is a multi-unit press with a 31.02″ x 23.62″ (788 x 600 mm) format. This size, which will fit 6-up letter, is even larger than the 4-up format that InfoTrends initially assumed it would be. Presstek has chosen a tower design that will allow up to ten colors (plus optional aqueous coating). After beta testing, Presstek expects the 75DI will be available prior to the end of 2010. In the future it expects to offer features such as perfecting (i.e., duplexing), printing with UV inks, and other types of coating. List pricing will start at around $1,175,000 for a four-unit press and go up from there depending on the number of stations and other options.

Five-station Presstek 75DI

Five-station Presstek 75DI

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