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National print association PrintNZ says it was “caught by surprise” on Friday when the New Zealand government announced that under new COVID-19 measures only major daily newspapers were considered essential services and that “all other printed newspaper and magazine production was to cease immediately.” The move comes as the fight to declare printing and signmaking an essential service heats up on both sides of the Tasman.
PVCA CEO Andrew Macaulay said all Australian print and packaging businesses that maintain the latest CoVid19 safe health work guidelines can continue to operate, "if that is their commercial decision.”
News Corp Australia has stopped printing 60 local newspapers because of a collapse in advertising revenue. News Corp announced on Wednesday it would turn its 60 community mastheads into digital-only products.
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ASX-listed outdoor advertiser oOh!media is out of a trading halt after raising $156 million to complete the institutional part of an emergency $167 million capital raising. US investment firm HMI Capital is providing $17.7 million, which could leave it with 25 percent of the company. oOh!media also announced a cost-cutting drive of $45m-65m.
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"Because print is such a powerful communication tool, we are providing print-ready Color-Logic metallic files that anyone can use in these stressful times,” says sales and marketing director Mark Geeves.
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Director drupa and Global Head Print Technologies of Messe Düsseldorf, Sabine Geldermann, has promised a ‘unique and successful’ drupa 2021, following the postponement of the world's leading trade fair for printing technologies.
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Digital textile printing manufacturer Kornit Digital has withdrawn its first quarter earnings guidance because of the impact of COVID-19. "The first quarter was off to an excellent start before the global effects of COVID-19 began to severely impact the fashion, apparel and home décor sectors."
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PrintNZ GM Ruth Cobb says the decision to include signmakers/speciality graphics in the Top 12 Apprentices of the Year finalists for 2020 illustrates that the national association “strives to keep at the forefront of evolutions within the sector.”
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“For businesses to bounce back when this health crisis is over, they need a holiday from all costs that they incur during this extremely difficult period,” says Australian Small Business and Family Enterprise Ombudsman Kate Carnell, who welcomed Prime Minister Scott Morrison’s COVID-19 business hibernation plan that was flagged on Friday.
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“The outbreak of the coronavirus (COVID-19) and the responses from governments, both federal and state, has put restrictions on some businesses and forced many to close, which has consequences for employees,” says the Fair Work Commission (FWC) in its latest COVID-19 update. “Please read this Information note – Government responses to COVID-19 pandemic.”
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“While we remain open-minded about M&A as a tool to add value for HP shareholders at the right time and on the right terms – it’s abundantly clear that now is not that time,” HP has told its shareholders in a letter. It warned that any large-scale transaction in the current economic environment could be disastrous.
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Sydney-based printer Cactus Imaging and large format systems manufacturer Durst, based in Italy, have updated customers about the measures they’ve introduced in response to the COVID-19 pandemic.
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A new Mimaki 3DGD-1800 3D printer boasts ground-breaking production speeds to transform production of large-sized objects, opening up a wide range of new possible applications across industries from sign and display to manufacturing. It is clearly made by Massivit of Israel but, when combined with Mimaki's range of 2D wide format printers, offers major advantages.
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Graphic Art Mart's Executive General Manager Mous Elsarky explains what services will remain available and what will not in this letter.
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The short-lived DOCA (Deed of Company Arrangement) for Clear Skies Corp Pty Ltd, executed last September 17th, whereby the supporting creditor Skope Group Pty Ltd agreed to pay $22,000 per month and 30 cents in the dollar by 2022, will be terminated and the company liquidated if a meeting of creditors votes for it on April 2nd.
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The terrible effects of the Covid-19 pandemic are beginning to be felt in New Zealand as lockdown and isolation laws reduce sign businesses to emergency-only signage and work-from-home designs.
- 3M ramps up production of respirators to fight COVID-19
- FESPA 2020 rescheduled for October 2020 in Madrid
- “Unprecedented uncertainty”: IVE puts catalogue automation on hold, cancels guidance, dividend
- HP mobilises 3D printing team to provide essential coronavirus medical gear
- Latest COVID-19 package a lifeline for small businesses: Ombudsman
- Global inkjet printing market to hit $118 billion by 2025 says Smithers
- "The biggest issue will be cashflow": PVCA begins COVID-19 crisis sessions
- Konica Minolta shuts down production in Malaysia and France as Chinese factories recover
- Gold Coast Visual Impact Expo Falls Victim to COVID-19 Restrictions
- Pride in Print NZ awards postponed due to COVID-19
- Coronavirus signage prioritised at Bailey Print Group
- PacPrint Melbourne 2021 to be rescheduled
- Andy’s Mum’s Chicken Soup virus-beater
- Durst shuts down manufacturing operations for two weeks
- ASGA’s guide for employers facing challenges over COVID-19
