Flint Group’s CPW Division Announces Implementation of a Surcharge

Flint Group announce the application of a surcharge for all of its publication products effective for deliveries from March 1st.

Tony Lord President of Flint Group Commercial Publication Web Division said, “The first responsibility of a supplier is to meet its obligations to its customers for provision of required volumes to maintain the integrity of the supply chain. To meet this requirement we have been successful in responding to the post pandemic’s unprecedented disruption in both global raw material and energy markets by ensuring both product and energy availability to meet our customers’ demands. This has, however, been at previously unparalleled price levels across our entire portfolio of raw materials and manufacturing locations”.

Lord further stated “Regrettably the hoped for stabilisation in both raw material availability and pricing has failed to materialise so far in 2022 with products remaining scarce and their pricing continuing to escalate accordingly. This, coupled with the exponential increase in energy tariffs, has created a situation where current selling price levels for our products are simply not sustainable. To respond to this sudden rise in costs we feel the sensible approach is to avoid a general price increase and apply a monthly surcharge whilst awaiting further market developments. To this end, effective for deliveries from March 1st 2022, surcharges to recover these recent cost increases will be applied across our entire publication ink portfolio so that we can maintain supply to our customers”.

Lord continued, “it is of course a matter of deep regret this surcharge is needed and we understand the difficult printing markets that currently prevail and can assure all of our valued customers that as the situation normalises, we will seek to reflect this development by reducing or eliminating the surcharge applied.
https://www.flintgrp.com/en/news-information/press-releases/flint-groups-cpw-division-announces-implementation-of-a-surcharge/

Related Posts

PrintAmerica and The Peer Group Merge, Forming Group With Combined $400M in Revenues

Two long-standing industry peer groups, PrintAmerica and The Peer Group, announced that they have merged. PrintAmerica focuses on strategic renewal and growth of its members by providing opportunities for learning, sharing and collaborating. Members of PrintAmerica include Aradius Group (Omaha, Neb.), Best Press (Addison, Texas), Cohber (Rochester, N.Y.), Corporate Communications Group (Upper Marlboro, Md.), DCG One (Seattle, Wash.), The DOT Corporation (Irvine, Calif.), Garlich (Fenton, Mo.), GLS/Next Precision Marketing (Brooklyn Park, Minn.), Graphic Visual Solutions (Greensboro, N.C.), Heeter (Canonsburg, Pa.), Standard Press (Atlanta, Ga.), The Standard Group (Reading, Pa.), Suttle-Straus (Waunakee, Wis.), and Trabon Group (Kansas City, Mo.). Click Read More below for additional information.

The State of the Printing Industry (publishersweekly.com)

Questions surrounding the future of book printing drew a capacity crowd of 155 publishing professionals to the BMI (Book Manufacturers Institute) Book Manufacturing Mastered conference, held September 14 at Penguin Random House’s New York City headquarters. And though the book manufacturing sector was booming during the pandemic, economic conditions have softened and costs for most materials are continuing to go up. Still, speakers at the conference said book printers are generally in a good place, albeit with a host of challenges ahead of them.In addition to rising costs, topics discussed at the daylong conference included the renewed postpandemic threat of work moving off-shore, sustainability concerns, the shift from offset to digital printing, and labor shortages. “We’re basically where we were back in 2014,” said Marco Boer, v-p of IT Strategies, in the opening presentation. “We haven’t lost all that printed book volume that people were worried about when e-books came in, and so we all say this is okay. People are continuing to read and print, and that’s great.”

Royle Printing’s Continued Growth – Purchase and Installation of a Goss Sunday 2000 48-Page Press

Royle Printing is pleased to announce the purchase of a late model Goss Sunday 2000 48-Page Press. This investment complements Royle's existing press capacity and will help the company grow its position in the catalog and magazine markets. The press was originally purchased and installed in 2015 and became operational in mid-2016. The 8-unit Goss S2000 48-page press provides a broad range of print formats and page configurations for high-volume catalog and magazine projects. The press has a combination and double form folder capable of producing a 48-page signature or a variety of different page configurations (i.e., 4, 8, 12, 16, 24, 32, and 48). The installation will commence in the coming month, with the start-up and commissioning taking place in September '21.
Back To Top
×Close search
Search