Thysse Boosts Capabilities with New HP PageWide Advantage 2200 Web Press (piworld.com)

Second Quarter 2024 Financial Results *Net Sales were $634 million in the second quarter of 2024, a decrease of 10% compared to the same period in 2023 primarily due to lower print volumes, a higher mix of lower unit price gravure versus offset print in our magazine and catalog offerings from segment share wins, and lower paper and agency solutions sales, including the loss of a large grocery client. *Net Loss was $3 million in the second quarter of 2024 compared to $6 million in the same period in 2023. The improvement is primarily due to benefits from increased manufacturing productivity, savings from cost reduction initiatives and a $4 million gain on the sale of the Company’s minority investment in Manipal Technologies, partially offset by the impact from lower Net Sales.

Following close consultation with exhibitors and partners, the 2021 edition of drupa, the world’s leading trade fair for printing technologies, will be cancelled due to the impact of the COVID-19 pandemic. The next event will take place as scheduled from May 28 – June 7, 2024 in Düsseldorf, Germany. To maintain the momentum until then, the organizers will offer “virtual.drupa”, a four-day digital event from April 20 – 23, 2021 during the time frame drupa was originally scheduled for. “The pandemic has caused great uncertainty among exhibitors and visitors regarding participation in drupa 2021. Travel restrictions and budget pressure have increasingly intensified the situation in the print industry," explained Erhard Wienkamp, Managing Director of Messe Düsseldorf. “We have made this decision together with our partners who support this step. It was preceded by a detailed process of considering the current conditions and the needs of the industry.”

CJK Group, is pleased to announce the adoption of its GROW Learning Management System (LMS). The GROW LMS standardizes training across the entirety of the global company. For our customers, this set of online best practices will ensure a higher level of consistency and customer satisfaction. When you’re a global company with dispersed teams and diverse holdings, standardizing corporate best practices is incredibly difficult. CJK Group sought to update and reimagine its corporate learning environment, starting with a comprehensive leadership training program on skills development, company policies, and employment regulations. KnowledgeWorks Global Learning (KGL) was appointed to develop the LMS and design an engaging, six-module digital course for upskilling the company’s supervisors. In late 2021, CJK Group launched its secure, customized learning management platform to bring the whole company together with an organized, replicable training process called GROW. GROW offers a blended program featuring six mandatory online modules in a self-service format accessible to everyone in the business.