DOME to Bolster Digital Capabilities with Two 29˝ HP Indigo 12000 Presses

Luxury packaging printer JohnsByrne has installed the Eagle Systems Cold Foil system to better serve their client base and increase their ability to innovate. Founded in 1959, the organization remains a family-owned operation, with founder, John B. Gustafson’s four sons: Corey, Jack, Mike and Pate, running the business as President, COO and Executive Vice Presidents, respectively. “We are a very client-centric, customer-focused operation,” said Corey Gustafson. “We look at the marketplace, and look for ways to provide solutions to problems our customers are having, and new ways to enhance their current product lines. We try to be very proactive about getting in front of our clients’ needs and the available technology, and the Eagle Systems Cold Foil system proved to be a great compliment to our offering; it was the right fit, at the right time.” He noted that while they have, and continue to offer, hot stamping technologies, there were some applications where that process wasn’t a perfect fit. They could find a way to get it done, but Cold Foil, said Corey Gustafson, “gives us a great deal of flexibility, now, and nuance to our offerings. We can provide different solutions to the same problem, to find the one that best suits the project, product and customer. It’s a different tool in our belt.” Click Read More below for additional information.

Revenues went from $467.8 million in the third quarter of 2016 to $477.7 million in the third quarter of 2017, an increase of 2.1%. This increase is attributable to the contribution from the acquisitions in the packaging division, as well as the favourable exchange rate effect and the organic growth in revenues for the Printing and Packaging Sector. Organic growth in revenues is attributable to higher volume in the packaging division and higher demand for all services to Canadian retailers, namely for flyer and in-store marketing printing services, as well as for premedia and door-to-door distribution services, notably under the terms of the expanded agreement with Lowe's Canada, partially offset by the decline in revenues from the other printing division verticals. Net earnings increased by $3.1 million, from $45.9 million in the third quarter of 2016 to $49.0 million in the third quarter of 2017. This increase is mostly attributable to the increase in operating earnings, partially offset by the increase in net financial expenses. On a per share basis, net earnings went from $0.59 to $0.64. Excluding restructuring and other costs (revenues) and impairment of assets, net of related income taxes, adjusted net earnings increased by $6.0 million, or 13.6%, from $44.1 million in the third quarter of 2016 to $50.1 million in the third quarter of 2017. On a per share basis, adjusted net earnings went from $0.57 to $0.65.

ENPOINTE has achieved a significant milestone with the expansion of its production and fulfillment capabilities in Brooklyn Park, MN. The company proudly announces the addition of a second production facility adjacent to its existing location, as well as a state-of-the-art Fulfillment Center nearby. “This new facility marks a pivotal moment for ENPOINTE,” stated Todd Matuska, CEO and President. “It not only streamlines our operations and enhances efficiency but also underscores our commitment to sustainability through improved green initiatives. These advancements align with our dedication to delivering exceptional value to our clients and future partners.” Dubbed the “Year of the Move,” ENPOINTE’s initiative includes the installation of a six-color Mitsubishi full web press at the new production facility with speed efficiencies, enhanced color controls and a wide range of folding capabilities. All ENPOINTE production is now operating out of one campus with two buildings connected by a skyway.