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Taylor Corporation, a Minnesota based company and one of the largest privately held companies in the United States, announced today that it has entered into an agreement to acquire the assets of Staples Print Solutions, a division of Staples, Inc. The assets will be acquired by Taylor Communications, Inc., a subsidiary of Taylor Corporation. The parties expect to complete the transaction within the coming months.

The new Managing Director Mr. Sudeep Bhattacharjee. | © manroland web systems

Printing Industries of America (PIA) has launched a new Group Purchasing Initiative for skills training through its iLearning Center training center. The aim of the program is to provide affordable and accessible training opportunities for organizations within the printing industry at a bulk purchase rate.

Karen Heumann (50) has joined the Supervisory Board of Heidelberger Druckmaschinen AG (Heidelberg). The entrepreneur and advertising strategist was appointed by the Mannheim Court of Registration on March 24, 2016. In line with the recommendations of the German Corporate Governance Code, Karen Heumann will be nominated for election by the shareholders in a separate agenda item at this year’s Heidelberger Druckmaschinen AG Annual General Meeting on July 28, 2016.

A EUR 100 million loan from the European Investment Bank (EIB) is to support the research and development (R&D) activities of Heidelberger Druckmaschinen AG (Heidelberg), focusing on digitisation, software integration and expansion of the digital printing portfolio. To help finance the R&D program, which will span several years, the EIB is providing the company with a development loan that can be drawn down in tranches, each with a seven-year term. This is the first time a large German company has benefited from the European Fund for Strategic Investments (EFSI) – the centrepiece of the Investment Plan for Europe.

Bobst Group SA, Mex/Switzerland, and WIFAG-Polytype Group, Bern/Switzerland, have entered into exclusive negotiations regarding a potential acquisition of WIFAG-Polytype’s coating technology business, as part of the BOBST strategy to successfully drive and continuously expand its existing product portfolio. With this acquisition, BOBST intends to leverage the strengths of both companies and to continue growing its coating technology business internationally.

EFI™ has announced an innovative educational initiative designed to increase awareness for customers wanting to benefit from the advanced workflow automation. Presented as a series of free webinars with associated ebooks, topics cover workflow solutions leading to greater levels of automation. The webinar series features industry experts and EFI customers emphasising the productivity and profitability benefits they have seen possible through the adoption of certified, integrated workflows.

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