Chris Carpenter, President and owner of Sun Prairie, Wisconsin-based Royle Printing, describes why his catalog and magazine printing operation invested in an eight-unit Goss Sunday 2000 heatset web offset press with double former folder. He also discusses the current industry-wide paper shortage.
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Larry Martin is the plant director for Quad’s print-production plant in The Rock. As plant director, Martin oversees all plant and employee operations, strategy development, growth-planning initiatives, and more. He is a Georgia native and was named plant director at The Rock in March 2021. Martin’s career in printing began at Quad 28 years ago. He has worked in management for the last 18 years, and prior to being promoted to plant director, served as the plant’s finishing operations manager for 10.5 years. Martin credits much of his success to his cousin Trent Jones, who served as a mentor to Martin throughout his upbringing and worked 32 years as a saddle stitch operator at Quad. Finishing is one of Quad’s largest departments, with quality-assurance and exceptional customer service as top priorities. Martin says he gained immense insight on teamwork and relationship building as a leader in finishing. It provided him opportunities to interact with teams and individuals in every area of the plant, and to engage with clients from around the world, according to Quad officials.
“Our return to drupa brings some of the most transformative announcements in EFI history,” said Frank Pennisi, CEO of EFI. “We’re excited to use this opportunity to launch groundbreaking innovations, like the world’s first full-colour, on-demand rightsized box system, and true water-based single-pass inkjet technology for corrugated printing. The solutions on our stand present game-changing opportunities that visitors can implement today and plan for tomorrow to future-proof their businesses in a highly competitive and rapidly changing marketplace.” Revolutionary innovations and announcements EFI is unveiling two new solutions at drupa, as well as announcing disruptive developments for existing solutions. Featured live at EFI’s stand is the must-see Packsize® EFI™ X5® Nozomi, the world's first full-colour, on-demand, right-sized box system. It prints, cuts, creases, glues, and erects customized boxes at rates as fast as one box every six seconds with high-resolution graphics, all in a single, streamlined solution – a truly astonishing new offering for the corrugated packaging industry.
Highlights: *Continued improvement in profitability in the Packaging Sector and maintained rigorous cost control in the Printing Sector. *Revenues of $655.7 million for the quarter ended October 25, 2020; operating earnings of $81.2 million; and net earnings attributable to shareholders of the Corporation of $51.3 million ($0.59 per share). *Solid financial position with liquidities of $241.0 million and access to unused lines of credit of $432.8 million, for total available liquidities of $673.8 million. *Improved net indebtedness ratio(1) to 1.9x as a result of the decrease in long-term debt of $363.0 million and the increase in adjusted operating earnings before depreciation and amortization(1) during the fiscal year. *Launched new packaging made of 30% post-consumer recycled plastic for the case wrap of AHA® Sparkling Water, a brand of The Coca-Cola Company.