Walker Improves Eco-Friendliness with New Heidelberg Prepress Processes

The Sustainable Green Printing Partnership (SGP), the leading authority in sustainable printing certifications, announced that the Primex Plastics Corporation facility in Reedsburg, WI is the first supplier facility to become SGP certified. SGP has been certifying print facilities since 2008, but recently expanded the program to include supplier facilities. “Primex Reedsburg has been a dedicated supplier of printable plastics since inception in 1986 and a long-time supporter of SGP’s sustainability mission,” said Blake Pace, General Manager, Primex. “Having had a front row seat to view continuous improvement on the part of companies that participate in SGP, when the opportunity arose to seek certification ourselves under the expanded supplier certification, we jumped at the chance.”

Q3 Key messages *GAAP net sales, including the impact of foreign exchange, increased 6.4%; Non-GAAP organic net sales increased 5.5%; largely driven by strengthening demand for many of the Company’s products and services *GAAP and Non-GAAP income from operations exceeded prior year; both benefitted from higher sales and strong cost management despite supply chain challenges and inflation *GAAP operating margin improved 450 bps while Non-GAAP improved by 20 bps *GAAP earnings per share from continuing operations of $0.38 and Non-GAAP adjusted earnings per share from continuing operations of $0.57, both improved significantly from prior year *Cash used in operating activities during the nine months ended September 30, 2021 was $29 million compared to cash provided by operating activities of $25 million in the prior year period; current year results reflect working capital investments due to increased volume and inflation in addition to $33 million paid earlier this year to settle LSC bankruptcy-related claims and terminate certain interest rate swap agreements *Gross leverage ratio of 3.7x improved 1.0x from September 30, 2020; net leverage ratio of 3.2x improved 0.5x from the same period last year

HP Inc. announced the new HP PageWide Advantage 2200 series press. Designed to meet the needs of print service providers of all sizes, this revolutionary press offers industry leading productivity with quality, and media versatility for those in publishing, direct mail, and commercial print, to help grow their business. “This new PageWide Advantage platform is a game changer for the commercial print industry,” said Annette Friskopp, Global Head and General Manager at HP PageWide. “HP has listened to our customers, and we realize ease of use and up-time are critical success factors. This new press offers configurations to enable customers to optimize the press for their quality, productivity, versatility, and economics to grow their digital production businesses.”