Driving Direct Mail Demand with Embellishments (piworld.com)

The UK’s printing and printed packaging industry struggled with its performance in Q3, at least as far as output and orders are concerned; however, expectations are more positive for Q4. The forecast for Q3 was for some output growth to return; that expectation has turned-out to be overly optimistic as more companies experienced a decline in output than an increase. As mentioned last quarter, a fragile economy, lingering concerns over inflation levels, for both consumers and businesses, and the possibility of further interest rate increases; have not made it easier to do business. Printers continue to concentrate on controlling costs, increasing productivity, and looking for new sales opportunities. Some cost pressures have eased, and are expected to ease further, but so too have prices – and lower prices yet may be required to encourage more output and order growth in Q4. The latest Printing Outlook survey reveals that one-third (33%) of printers managed to increase their output levels in the third quarter of 2023, whilst another third was able to hold output steady.

TC Transcontinental announced that it is phasing down the printing activities of Transcontinental LGM – Coronet, located in Winnipeg, Manitoba, in anticipation of the complete closure of the facility on January 31st, 2021. Operations will be transferred gradually over the next few months, mainly to Transcontinental RBW Graphics in Ontario and, to a lesser extent, to Transcontinental Calgary in Alberta, to ensure a smooth transition for customers and maintain a top-quality service. "In order to protect the long-term financial health of our sector, our teams are constantly working to align the capacity and costs of our printing platform with our business volumes," said Brian Reid, President of TC Transcontinental Printing. "With this in mind and in light of a thorough analysis of the situation at our Winnipeg plant, it is with regret that we have to close Transcontinental LGM – Coronet and transfer operations to two of our other plants. We thank our employees who have always demonstrated their professionalism and commitment in serving our loyal customers with dedication."

Cenveo, Inc. announced that it has filed a Chapter 11 plan of reorganization and related disclosure statement with the United States Bankruptcy Court for the Southern District of New York, White Plains. The Plan outlines a proposed path to strengthen the Company's balance sheet, increase its financial flexibility, and position it for long-term success. "We are continuing to make significant progress as we enter the next phase of our restructuring," said Robert G. Burton, Sr., Cenveo's Chairman and Chief Executive Officer. "The Company's Plan represents a clear and viable path forward for Cenveo to establish a sustainable capital structure that supports future growth and investment in the business. We will continue to work closely with all of our stakeholders to refine the Plan, as this is a critical step to achieving our timeline of emerging from this restructuring process in the summer of 2018." Click Read More below for additional information.