Arandell Finalizes Sale to Private Equity Firm, Successfully Exits Chapter 11 Bankruptcy (piworld.com)

Quantum Group, a trusted expert in commercial and digital printing, direct mail, and fulfillment, continues to expand its print technology leadership through its investment in an HP PageWide Web Press T240 HD. This latest technology offers a digital print engine that delivers unprecedented versatility and color-consistency combined with the agility to deliver personalized communications cost-effectively. With the ability to print 4/4 images at 500 feet per minute the production capabilities of this new printer are vast. “Today’s commercial print providers require a combination of offset-class print quality, productivity, and media versatility, along with the unique capabilities and efficiency of digital printing,” says Avi Basu, Americas director of marketing, HP Graphics Solutions Business. “Quantum’s investment will enable their clients to experience the benefits of digital printing, whether they are printing hundreds or hundreds of thousands, using Quantum’s multiple HP platforms from sheetfed Indigo to HP PageWide Web presses.” Click Read More below for additional detail.

Deluxe announced that it has finalized a long-term agreement with Truist Financial Corporation. This new agreement is anchored by Deluxe’s world class check products, while also expanding the ongoing relationship across the company’s four business segments. “We are very pleased that Truist is trusting Deluxe to deliver the latest innovations and technology to enhance the exceptional products and service its customers have come to expect,” said Barry McCarthy, President and Chief Executive Officer of Deluxe. “This is a real validation of our One Deluxe approach, being able to provide a wide array of products and services from across all of our segments to our customers. Truist clearly understands that our goal is to collaborate on creating and finding solutions to help their entire portfolio.”

Heidelberger Druckmaschinen AG (Heidelberg) is expecting the global label printing market to continue growing at an annual rate of around four percent. Growth is even expected to be above average in the in-mould label segment, which has not been affected by the COVID-19 pandemic. These labels are typically utilized in the food and cosmetics industries, and by companies producing chemicals for household and industrial use. The benefits of the in-mould process lie in its comparatively low manufacturing costs, good temperature and moisture resistance, and resource-friendly characteristics. For example, the polypropylene used for the labels and containers is 100 percent recyclable. Cutting-edge, increasingly efficient manufacturing processes are a further growth factor on the in-mould label market. With its state-of-the-art technology, Heidelberg is playing a key role in improving the efficiency of in-mould label production and is the technology leader in this segment by some margin. The company is looking to build on this strong position and is therefore stepping up its investment in the development of new technologies for IML production.