Fiery and Esko Partner to Extend Advanced Digital Print Technologies and Packaging Workflows

The desire to expand into the large-format sector and increase capacity without sacrificing quality or speed, led Walton Press to add the Durst P5 350. The addition of this innovative digital printer will be the centerpiece of their wide-format print offering allowing them to expand into new markets. Walton Press located in Monroe, GA began in 1900, originally started in conjunction with the Walton Tribune a hometown newspaper and has been in the printing business for over 120 years. Walton Press is the first in Georgia to add the Durst P5 350 all-in-one hybrid solution for flexible roll and board printing. They take a personal stake in the success of their customers and will do what it takes to support that objective. The Durst P5 350 is an all-in-one hybrid large format UV LED Inkjet press that prints both rigid and roll materials up to 138” (3.5 meters) wide with 1200 dpi output.

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.

Net sales for the first quarter ended March 31, 2018, were $968 million, representing a 3.1% decrease as compared to 2017. Organic sales declined 5.1% due to ongoing print industry volume and pricing pressures after excluding acquisitions (2.0% impact), pass-through paper sales (-0.2% impact) and foreign exchange (0.2% impact), and is consistent with previous guidance. The Company incurred a net loss of $3.5 million, or $0.07 per share, for the three months ended March 31, 2018, which included a special $22 million non-cash employee stock ownership plan contribution as part of the benefit of tax reform. Net cash provided by operating activities was $2 million for the first quarter 2018, compared to $63 million in the first quarter of 2017, and Free Cash Flow decreased $62 million to a negative $22 million. These variances were primarily due to expected timing differences in 2018 versus 2017 for cash generated from working capital, which will be weighted more towards the fourth quarter. Click Read More below for additional information.