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KODAK - US Govt puts billion-dollar injection on hold

The Trump administration's decision to entrust USD$765 million of taxpayer money to Eastman Kodak has raised several questions about the financial vetting of the inkjet printer and plate company, amid an investigation into potential insider trading.

Fairview latest: all creditors paid, all jobs preserved under DOCA tabled

Fairview Architectural administrators Grant Thornton have formerly received a DOCA proposal from FVA Group - staffed by former management of Fairview Architectural, under which creditors will be paid in full and all 52 jobs preserved. At least ten other concerns are expected to tender their offers. If any one exceeds the FVA Group offer, sources indicate what is known as an 'Embarassment Clause' can be invoked, giving FVA Group the opportunity to increase its offer.

Kornit Digital buys UK software company Custom Gateway

Digital textile printing technology manufacturer Kornit Digital says the acquisition of UK-based global software firm Custom Gateway expands its cloud software workflow portfolio for on-demand apparel and home décor production.

Starleaton to distribute 3M digital print portfolio

The 3M Digital Graphics range includes films, laminates and wraps for multiple applications including signs, display, vehicles, floors, windows, buildings, walls and reflective films. Stocks are now available in all of Starleaton’s seven warehouse locations across Australia. 

FAIRVIEW ARCHITECTURAL - ELEVEN PARTIES INTERESTED IN BUYING COMPANY

Grant Thornton, voluntary administrator of Fairview Architectural - a leading supplier of ACM panels for Signage and Architectural use - has filed a report with the Federal Court and requested an extension of until October 13th for the ‘convening meeting’. A second meeting of creditors will take place on August 25th to vote on this.

New Covid-19 signage solutions from Roland DG

Roland DG Australia has launched a new section on the company’s website that is designed to assist customers with creating Covid-19 related signage. Free social distancing signage templates can be downloaded. “There has never been a better time to offer these signage services or to consider bringing the production in-house."

Industry survey closing this week - your opinions matter

The Signage and Wide format industry survey, in association with Ascent Partners, on the state and future of the sector will close off and share the results after Friday this week. We really value your input for the benefit of all industry participants. Just follow the link below - it won't take long.

CERM buys out of Heidelberg after nine years

The current management of CERM, a global provider of Management Information System (MIS) software for the printing industry, says it has acquired “full independence” through a Management Buyout (MBO) from press giant Heidelberger Druckmaschinen AG (Heidelberg). Heidelberg and CERM will continue to develop and distribute CERM software as ‘Prinect Business Manager’ for the commercial print market.

Pandemic creates positive mindset shifts: B&D RESET

Leigh Hooper, national manager of Ball & Doggett’s fastest growing division Display & Visual, says the Covid-19 pandemic has underlined the importance of diversification, innovation and collaboration in the industry. Hooper and Benn Murphy, managing director of Clarke Murphy Print – responsible for the NRL’s successful Fan in the Stand program - are this week’s guests on Ball & Doggett’s YouTube series RESET that asks the question: “What does optimism look like to you for your business right now?”

Printing industry welcomes JobKeeper extension

“The Australian printing industry breathed a sigh of relief with the announcement that JobKeeper would be extended to the end of March 21,” says print industry analyst Richard Rasmussen of Ascent Partners.  A further 500,000 Victorians are expected to join the program in the September quarter.

 Uncertainty over safety forces EFI users’ conference online

Digital printing giant says its annual global users’ conference will now be held online on six days over the course of two weeks in January 2021. EFI Engage will feature “detailed information on choosing the right technologies to navigate an uncharted market.” 

ASGA awards & conference set for Feb 2021 in Sydney

The 2020 HP Awards for Excellence presented by ASGA and FESPA Australia will be held on 19th February at the Beta Bar & Gallery on Castlereagh Street in Sydney. An industry conference will be held throughout the day at the same venue. The premier sign industry awards event, held every second year, was to have taken place in May 2020 at the since-postponed Visual Impact Gold Coast trade show.

Green light for some sign installation in Melbourne

The Australian Sign & Graphics Association (ASGA) says a late change to Stage 4 lockdown restrictions allows for sign installation in many areas that were not allowed 24 hours earlier. “Multiple worksites are now officially allowed to be visited by our employees."

Susan Heaney named chair of revamped Women in Print

Susan Heaney, the original founder of the Women in Print (WiP) and MD of Heaneys Performers In Print on Queensland’s Gold Coast, has been appointed the new chair of a re-launched WiP program that includes a new website and a new partnership with industry group The Real Media Collective.

Fuji Xerox accounting case – Whittaker denies any wrongdoing or breach of duty

Neil Whittaker, former Managing Director of Fuji Xerox New Zealand and Australia, has filed his defence in the case of FUJI XEROX AUSTRALIA PTY LTD & ANOR (Fuji Xerox Finance) v NEIL WHITTAKER & ORS, the other defendants being former CFO Devlin Bell, accountancy form Ernst & Young, and EA (Andy) Lang, a former EY partner. UPDATED see below

'Work will dry up very quickly': Do I Need to Shut Down? – ASGA update

The Australian Sign & Graphics Association (ASGA) has updated members on Stage Four Covid-19 restrictions in Victoria and how they will affect business operations.  “It is an unfortunate reality for most businesses that your work will dry up very quickly.  Within one week, you may find that you have little or no work regardless of your decision to keep operating.”