Tuesday, 31 March 2009

German offset press makers take a fall

Heidelberg, KBA and manroland all downsize after drop in sales

April 06, 2009 | By Patrick Howard

The global financial crisis has taken its toll on the three companies, which have each been plagued by a lack of orders and overall lack of enthusiasm from customers who are not willing to invest in new technology. In a statement, Heidelberg listed print shops’ low capacity utilisationand the difficulty being experienced by the printers in securing bankloans as crucial factors.
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