Pennsylvania Printer MSP Plans to Eliminate Offset with Installation of Truepress Jet520HD AD (piworld.com)

Digital marketing runs at remarkable speeds. To help customers not only activate their deep data sets but do it exponentially faster, direct mail powerhouse SG360° found a powerful solution in production inkjet. With this technology, SG360° is pushing the envelope of what direct mail — and their business — can do. see more at: https://www.piworld.com/xchange/production-inkjet-printing/sg360-powering-direct-mail-communications-with-digital-print-and-next-generation-inkjet/#ne=d7f0e6e16b0d037f71fc050491da5623&utm_source=today-on-piworld&utm_medium=newsletter&utm_campaign=2020-11-16

Paul Ramirez, president of Barrington Press in Paramus, New Jersey had a problem – his offset presses were offline as much as three hours a shift. The downtime, set-up and overtime costs made it difficult to keep jobs profitable. Knowing that delivering high quality printing with quick turnaround was critical to grow his business, Ramirez looked to Xerox for a solution and the answer was to go digital with the Xerox iGen® 5 Press. “If someone would have told me how much money I’d be saving each month using the Xerox iGen 5 Press, I wouldn’t have believed it,” says Ramirez. ”When we combined the excessive paper waste, overtime wages and offset press supplies, the numbers were staggering.” With its market leading uptime, substrate versatility and job automation features, the iGen 5 created a fundamental turnaround at Barrington Press. The figures tell the story. In the year Barrington Press has owned its iGen 5, the company has saved $10,000-$15,000 per month and has created new opportunities for growth. Click Read More below for additional information.

First quarter net sales were $929 million, up $108 million, or 13.2%, from the first quarter of 2017. After adjusting for acquisitions, changes in foreign exchange rates, pass-through paper sales, and the adoption of new revenue recognition standards, organic net sales decreased 1.7% from the first quarter of 2017 which represents an improvement in the Company’s organic net sales trend. This improvement was driven by sales performance in the Print segment, especially within the book reporting unit, that was more than offset by the impact of customer inventory reductions in the Office Products segment. GAAP Net Income: First quarter 2018 net loss was $11 million, or $0.32 per diluted share, compared to a net loss of $1 million, or $0.02 per diluted share, in the first quarter of 2017. The first quarter 2018 net loss included after-tax charges of $7 million and first quarter 2017 net income included after-tax charges of $5 million, both of which are excluded from the presentation of non-GAAP net income. Click Read More below for additional information.