Royle Printing Celebrates Success in the 2024 Graphics Excellence Awards

The Ricoh Commercial & Industrial Printing Business Group (CIPG), established in April, is keenly focused on getting the word out about its commitment to the production printing market. That was the key takeaway for a group of industry press and analysts who recently toured its Customer Experience Center (CEC) that is home to an array of continuous-feed inkjet, toner-based sheetfed and wide-format printers, along with several product development and testing labs, inside its Executive Briefing Center in Boulder, Colo. Ricoh defines industrial as wide-format digital printing and printing done as a part of the manufacturing process to produce finished goods such as garments, textiles, metals and architectural components. And the group’s ambitious goal isn’t merely lip service. According to Dollard, CIPG has nearly doubled its production inkjet printing direct salesforce since April; has created a Production Dealer Advisory Council to build stronger ties with its dealer network for toner-based sheetfed production and wide-format inkjet printer sales; is expanding its service and consulting business; and is fully committed to assuming a leadership role in industry advocacy, education and market advancement. Click Read More below for additional information.

Allen Press, Inc. is excited to announce the purchase of a Brausse 1050SFi Automatic Diecutter and Foil Stamping Machine with Stripping Alternative. The Brausse 1050SFi is the most advanced piece of equipment of its kind on the market, and Allen Press is the first and only commercial printer in North America with the Brausse 1050SFi on its shop floor. This acquisition allows Allen Press to produce superior commercial, publication and direct mail printing materials exclusively in-house and creates unprecedented efficiency and quality-control from start to finish. Our clients will benefit immensely as projects will be completed faster and more seamlessly without compromising quality. Click Read More below for additional information.

Net sales in the first quarter were $1.31 billion, up $138.8 million or 11.8% from the first quarter of 2021. While first quarter net sales decreased nearly $3 million due to changes in foreign exchange, the majority of the increase relates to higher client demand for most of the Company’s products and services, and price increases to partially offset inflationary cost increases. The Company experienced significant growth in Supply Chain Management, Commercial Print and Labels products. Organic net sales increased 12.0%. Loss from operations was $25.5 million in the first quarter of 2022 compared to income from operations of $25.1 million in the first quarter of 2021. The first quarter of 2022 included $64 million of expenses related to the merger, and net restructuring, impairment and other charges of $18.9 million which increased $13.1 million from the prior year period. Net loss from continuing operations of $58.4 in the first quarter of 2022 compared to $1.7 reported in the first quarter of 2021. The 2022 net loss from continuing operations reflects the increased loss from operations, higher income taxes and loss on debt extinguishment, slightly offset by lower interest expense.