Koenig & Bauer News Feed https://www.koenig-bauer.com/ en Koenig & Bauer AG Fri, 07 Aug 2020 23:41:48 +0200 Fri, 07 Aug 2020 23:41:48 +0200 news-1773 Wed, 29 Jul 2020 07:15:00 +0200 Koenig & Bauer publishes its H1 report 2020 http://us.koenig-bauer.com/en/news/details/article/koenig-bauer-veroeffentlicht-halbjahresbericht-2020/
  • Delivery and pandemic-related revenue decline by 20.1%
  • Order intake 16.2% below prior year, considerably better than industry trend
  • Earnings significantly impacted by low revenue
  • On the cost side, massively counteracted with short-time working from 1 April 2020 and other measures
  • Equity ratio of 32.2%
  • In addition to the general investment restraint on the part of many customers in the corona crisis, travel bans, lockdowns and other restrictions significantly affected the business figures of the Koenig & Bauer group in the first half of 2020. The restrictions caused by the Covid-19 pandemic particularly impeded deliveries of the presses to the international customers as well as the worldwide deployment of the assembly staff and service technicians. At €480.2m, orders were 16.2% lower than in the previous year, although this was better than the sector trend for printing presses published by industry association VDMA. At €404.5m, revenue fell short of the previous year by 20.1%. On the cost side, massive measures were taken to address the effects of the crisis, introducing short-time working from 1 April 2020 alongside other steps. EBIT improved substantially from –€34.9m in Q1 to –€6m in Q2. For the first half of the year, EBIT was –€40.9m after €0.6m in the previous year. At –€44.2m, net earnings as of 30 June corresponds to earnings per share of –€2.68.

    Despite substantially lower trade receivables and higher customer prepayments, the half-year loss and the increase in inventories had major impacts on cash flows from operating activities, which came to –€68.6m (2019: –€96.5m). The equity ratio stood at 32.2% at the end of June 2020.

    Die bei der virtuellen Messe Koenig & Bauer Live im Juni neu vorgestellte High-End-Maschine Rapida 106 X für das Bogenoffset-Mittelformat setzt neue Leistungsmaßstäbe im industriellen Druck (1)

    Segment performance

    Despite the substantial gains with large-format sheetfed offset presses and folder gluers, order intake in the Sheetfed segment declined by 12.9% over the previous year’s figure of €330.6m to €288m due to lower orders for medium and half-format presses. Revenue of €205.5m was 20.6% lower than the previous year’s figure (€258.9m) for delivery-related reasons and due to the effects of the pandemic. With the book-to-bill ratio coming to 1.4, order backlog rose from €261.6m to €265.9m. Due to lower revenue, EBIT of –€17.4m was below the previous year (–€1.3m).

    Order intake in the Digital & Web segment came to €56.7m, down from €89.9m in the previous year, due to lower orders in the web offset press business and for flexible packaging printing. At €51.6m, revenue was down on the previous year (€64.5m). The order backlog contracted from €111.2m to €71.2m. The lower revenue had a significant impact on the EBIT of –€12.1m (2019: –€10.8m).

    The decline in order intake in the Special segment from €175.3m to €150.7m reflects lower orders for security printing, marking and coding as well as glass direct printing. In metal decorating, there was an increase in new business. Revenue fell from €204.9m to €160.1m. The order backlog reached €278.1m after €316m in the previous year. After €6.3m in the previous year, EBIT came to –€10.3m in the first half of 2020 for revenue-related reasons.

    Die Umsätze und Bestellungen der im Verpackungssektor eingesetzten Bogenoffset-Großformatmaschinen und Faltschachtelklebemaschinen legten auch in der Krise zu (2)

    Outlook

    CEO Claus Bolza-Schünemann: “In view of the high volatility and the great uncertainties surrounding the severity and duration of the coronavirus pandemic and the success of health, economic and monetary policies, the further global economic development is uncertain. Given these uncertain underlying conditions, it is currently not yet possible to issue any revenue and earnings guidance for 2020 for our group. The management board is working intensively on the Performance 2024 efficiency programme to increase the operating profitability. We have applied for a KfW loan to supplement the existing syndicated credit facilities. In addition, improvements in working capital and cash flow are at the top of the agenda together with the strategic focus on packaging printing and digital services.”

    Figures at a glance

    The financial statements can be downloaded as a PDF file from here.

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    news-1645 Thu, 19 Mar 2020 07:25:00 +0100 Koenig & Bauer publishes its annual report for 2019: On Future Track http://us.koenig-bauer.com/en/news/details/article/koenig-bauer-veroeffentlicht-geschaeftsbericht-2019-auf-zukunftskurs/
  • Managing the possible consequences of the corona crisis is currently a top priority, professional project organisation already established
  • Good order intake in Q4 2019, although not all expected orders were placed in security printing and metal decorating
  • Follow-up orders of strategic importance in digital decor and corrugated printing received after the close of the financial year 2019
  • Group revenue in 2019 at the previous year’s level
  • EBIT margin of 4.6% below target due to some special items
  • Significant cash flow improvement in Q4
  • Equity ratio of 34.3%
  • Suspension of the dividend payment for 2019 in view of the significantly increased uncertainties caused by the corona crisis
  • Impacts of the corona crisis on group performance in 2020 are currently completely open
  • With its strategic focus on the growth market of packaging, Koenig & Bauer is on track to reduce the dependency on politically volatile und lumpy security printing business by increasing revenue and earnings in this area. Through the acquisition of Iberica and Duran, the joint venture with Durst as well as various partnerships in the software field, the portfolio for packaging printing markets was expanded further. Following a testing phase of the CorruCUT sheetfed flexo press for analogue direct printing on corrugated board, the prestigious pilot customer and development partner Klingele accepted the newly developed machine after a demanding factory acceptance test. The machine is now producing in two shifts at the Klingele plant in Delmenhorst near Bremen, Germany. With the CorruFLEX order from Thimm Packaging Systems, Koenig & Bauer received a strategically important follow-up order in corrugated board printing. Interprint ordered the third RotaJET for digital decor printing. After the sixth press sale for digital decor printing and the key order from Tetra Pak for digital full-colour beverage carton printing, the RotaJET digital printing platform is particularly successful in the market. The service initiative launched in 2016 is also bearing fruit. The service revenue share in the Koenig & Bauer group increased significantly from 25.9% in the previous year to 28.2%.

    Der Service-Umsatzanteil konnte 2019 im Konzern auf 28,2 % gesteigert werden (1)

    CEO Claus Bolza-Schünemann: “The end markets we address are fundamentally intact with packaging printing showing good structural growth. However, growth requires normal business years. Due to the increasing economic uncertainty, we decided to invest significantly in reducing manufacturing costs and to join forces more strongly within the group. With these measures, we aim to position ourselves to a greater extent independent of the economy and more competitively for the future.”

    Dr Andreas Pleßke, the Management Board member responsible for the Performance 2024 programme explains further details: “With the Performance 2024 programme, we are currently targeting reducing costs by over €70m by 2024 with one-off costs of €30m to €40m. We expect the package of measures to be expanded further. The focus of the various projects aimed at optimising group-wide structures and processes is on considerably reducing manufacturing costs to achieve a significant improvement in the earnings situation in the new machine business. This includes design-to-cost projects, purchasing optimisations and some further measures. Bundling tasks as shared services as well as the reduction of holding costs and SG&A expenses are also on the agenda.”

    CFO Dr Mathias Dähn adds: “In addition to the cost-cutting projects, the efficiency programme aims to reduce lead times in assembly and accelerate customer acceptance. In addition to shorter delivery times, this will lead to a drop in working capital and a cash flow improvement. Moreover, we work with further activities and a sophisticated controlling of all measures with permanent monitoring on the significant reduction in working capital. We see considerable potential for improvement, particularly in security printing in terms of inventories and receivables through optimised sales management and stepping up export financing. The comprehensive package of measures also aims at a more even distribution of revenue over the year in the Sheetfed segment.”

    Business performance in 2019 in the Koenig & Bauer group

    Not all expected orders in security printing and metal decorating were awarded in 2019, therefore order intake and order backlog of €1,141.3m and €533.7m respectively were below the figures for the prior year (€1,222m and €610.9m respectively) favoured by the major Egyptian order. With €1,218.5m, group revenue reached the level of the prior year (2018: €1,226m). Earning were burdened by high investments in the growth offensive 2023. While a lack of profit contributions due to delayed or shifted contract closings and higher costs in order processing further reduced earnings, one-time income had a positive effect. On balance, a margin of 4.6% was achieved with EBIT of €56m (2018: €87.4m and 7.1% respectively). At €38.4m, group net profit (previous year: €64m) translates into earnings per share of €2.31 in 2019 (2018: €3.86). In view of the significantly increased uncertainties caused by the corona crisis, the Management Board and Supervisory Board will propose to the annual general meeting to suspend the dividend payment for the financial year 2019 and to carry forward the retained profit generated by the holding company Koenig & Bauer AG to new account. The fundamental policy of distributing 15% to 35% of group net profit remains unaffected.

    Mit eigenen Entwicklungen, Akquisitionen und Kooperationen hat sich Koenig & Bauer Sheetfed zum One-Stop-Shop-Partner im Wachstumsmarkt Faltschachteln entwickelt (2)

    Business performance in 2019 in the segments

    In addition to the strong service business, more orders for large- and medium-format presses led to growth in order intake in the Sheetfed segment of 8.9% to €625.3m (2018: €574.3m). Compared to 2018 (€615.9m), revenue increased by 2.6% to €631.8m. The slightly lower order backlog of €183.4m compared to the previous year (€189.9m) remained at a good level. Due to the product and regional mix and higher order processing costs, EBIT of €19.4m was below the figure from the prior year (€35.4m).

    In Digital & Web, order intake of €144.9m was 18% below the prior-year’s figure of €176.6m. In addition to the shrinking web offset service business, lower orders in flexible packaging printing were the main reason for this decline. Revenue increased by 7.4% from €153.3m to €164.6m. On balance, the order backlog decreased from €85.8m to €66.1m at the end of 2019. The EBIT of –€16.5m (previous year: –€10.2m) was burdened by high market-entry and growth-related expenses as well as the negative result in flexible packaging printing.

    In the Special segment, order intake of €406.7m was below the prior-year’s figure of €505.1m, which was impacted by a major order in security printing. After €491.5m in the previous year, revenue of €463.9m was achieved. Order backlog at the end of 2019 was €287.3m (31 December 2018: €344.5m). As a result of the lower revenue, product mix and unexpected project expenses for the major security printing order, EBIT amounted to €43.9m after €48.2m in the previous year despite one-time income.

    Above-average balance sheet ratios

    In addition to the high investment expenditures and the dividend payment, cash flows were influenced by one-time effects such as the significant capital lock-up resulted from the major Egyptian order. Accordingly, cash flows from operating activities of –€7.9m and free cash flow of –€52.3m were below the prior-year figures (€66.3m and –€19.5m respectively). The long-term credit facility syndicated by renowned banks is strengthening the group’s stability. In terms of balance sheet ratios, the Koenig & Bauer group is well-positioned with an equity ratio of 34.3%.

    Guidance for 2020

    CFO Mathias Dähn: “Even before the outbreak of the coronavirus, global economic conditions were demanding. Given the daily worsening global economic situation due to the coronavirus, the impacts on our company and the achievement of our planning are currently completely open. For 2020, we are planning to achieve a largely stable group revenue compared to the previous year and the prior year's EBIT level without the around €10m in special expenses from the efficiency programme. Managing the possible consequences of the corona crisis is currently a top priority.”

    Figures at a glance

    The Annual Report can be downloaded as a PDF file from here.  

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    news-1622 Wed, 04 Mar 2020 20:43:00 +0100 Cedar Graphics Achieves 30% Increase in Productivity and Increased Customer Satisfaction With Koenig & Bauer Rapida 106 http://us.koenig-bauer.com/en/news/details/article/cedar-graphics-achieves-30-increase-in-productivity-and-increased-customer-satisfaction-with-koenig-bauer-rapida-106/ •        Popular fully-automated press is helping to drive in new customers from the pharmaceutical and short-run packaging markets

    •        Its high-end customer base of designers and ad agencies sees even more efficiencies, quicker turn times, and higher quality 

    •        New press technology such as industry leading color control systems and simultaneous production processes yields 40% additional capacity

    Ever since it was established in 1986, Cedar Graphics has had a firm focus on delivering high-end quality printing at its expansive Hiawatha, Iowa facility. But in today’s world of printing in which designers and ad agencies are constantly pushing the envelope with creative artwork, intricate four-color builds, and massive ink coverage, Cedar’s owners rely on their knowledgeable employees and array of advanced technology, including their Koenig & Bauer Rapida 106 LED perfector press, which anchors its pressroom.

    “Our Rapida 106 four-over-four press has flat out knocked the socks off of our customers,” says Scott Burnett, production manager at Cedar Graphics. “Whether it be during tours from our annual Think to Ink open house, or during requested customer press checks, our customers all walk away impressed at how quickly the Rapida 106 press matches the desired color reference and how effortlessly the press reaches top speeds of up to 18.000 sph. Not only has this allowed us to continue to exceed our customers’ expectations, but word of mouth has spread and we have been contacted by new customers that we weren’t currently servicing.”

    When the press was installed in 2017, it distinguished itself with ground-breaking automated features that have proven to provide Cedar with massive gains in productivity and additional capacity. “Our makeready times have decreased by 50% and we’ve seen a reduction in makeready stock by 35% to 40%,” says Burnett. “We’ve also been able to eliminate two shifts (four operators) and repurpose those employees in our digital pressroom, thus allowing us much needed capacity in that area.”  

    What else has the press given Cedar Graphics?

    With a goal to offer complete customer satisfaction, the new Rapida 106 LED has allowed Cedar to enhance and improve on the markets and high-end customers that it serves. Its makeready technology advancements, like DriveTronic SPC, and QualiTonic in-line color control, lets Cedar gain even more efficiencies, quicker turn times, and higher quality to its customers.  “We’re now driving in new customers from the pharmaceutical market to print on 40# stock to short run packaging in which we are printing on 24 pt. board,” says Burnett. “We accomplish this production by perfecting four-over-four at high end speeds up to a maximum of 18,000 sph.”

    When asked which of the many features on press have helped Cedar the most, Burnett is quick to point out the Koenig & Bauer QualiTronic system and System Brunner. The QualiTronic system, he says, has amazing quick to color capabilities as well as the consistency of color from first sheet to last sheet. It is second to none, he adds.  

    In Burnett’s estimation, System Brunner Instrument Flight software is industry-changing technology.   Never before has a printer been able to measure and control gray balance inline on press, he says. It measures every sheet for density, TVI (tone value increase), and gray balance. Instrument Flight then takes these measurements and will raise or lower the density in each color across the sheet to keep the press in perfect gray balance based on the standard the press operator has entered into the software. “Instrument Flight is an amazing color control software that gives us the ability to keep our print jobs in a completely higher level of control,” says Burnett. “It allows us to achieve and maintain true color at all times.”

    “Our innovative brands and creative customers are always pushing the envelope for eye-catching or tactile coatings and varnish combinations,” says Justin McDonald, marketing director at Cedar Graphics. “Recently, we’ve been testing LED soft touch coating. With so many customers enjoying both the look and feel of soft touch coating on their printed material, we are always looking at improving this process in quality, durability, and turn time.” 

    Plus, the press has given Cedar the means to produce work that they couldn’t have done before. Recently, the firm received a very difficult print project for a catalog that contained four color gray builds both in the product itself and the background color as well, recalls Burnett. By utilizing the System Brunner Instrument Flight software on its Koenig & Bauer Rapida 106, Cedar’s skilled press operators were able to control color via gray balance and keep the four color gray builds looking consistent throughout the catalog. “Controlling color by density alone is something that would have been extremely difficult, if not impossible, before,” he says

    www.cedargraphicsinc.com

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    news-1613 Tue, 25 Feb 2020 21:10:29 +0100 Ellis Packaging Increases Net Output by 30% With Fourth Koenig & Bauer-Iberica Optima 106 K Die Cutter http://us.koenig-bauer.com/en/news/details/article/ellis-packaging-increases-net-output-by-30-with-fourth-koenig-bauer-iberica-optima-106-k-die-cutter/ •        Fourth high-speed automated Koenig & Bauer-Iberica die cutter at its Pickering facility becomes key post-press machine

    •        Important capital investment improves speed, throughput, and turnaround for its pharmaceutical, consumer goods and food packaging customers

    •        New Optima 106 K die cutter contributes to higher net output, lower waste, and improved quality

    •        Largest privately owned manufacturer of folding cartons in Canada

    At the modern two-story facility for Canadian packaging specialist Ellis Packaging, a member of the Ellis Group, the country’s largest privately-held manufacturer of folding cartons, a wide variety of product formats race through the 85,000 sq ft plant on a daily basis destined for the food, confectionary, liquor, personal care and pharmaceutical industries. What sets this manufacturer apart from its competitors is its ability to focus on customer service---whether they be new or existing---each and every day.

    “Our customers demand short turnaround,” says Cathie Ellis, president, who oversees the business along with her brother Dave among three facilities. “To provide that level of quality service, we’ve invested nearly $15 million in new equipment. Most recently, we added our fourth high-speed Koenig & Bauer-Iberica die cutter here at our Pickering facility. Since the installation, we’ve seen our net output, which factors in press speed, makeready times, and down time, improve by an impressive 25-30%. Due to the significant improvement in our productivity, we’ve seen a major increase in the amount of savings because we’re not running the die cutters in overtime.”

    Members of Ellis Packaging and Koenig & Bauer celebrate the recent installation of the Koenig & Bauer-Iberica Optima K die cutter. First row: Rob Orfalian, Ellis Press Operator; Rob Levesque, Die-Cutting Lead Hand; and David Singh, Ellis Press Operator. Second row: Tom Fitzgerald, Koenig & Bauer product manager; Cathie Ellis, president of Ellis Packaging; and Mitch Spooner, Manager of Die-Cutting & Finishing Operations. Third row: Aleks Lajtman, Koenig & Bauer Regional Sales Manager, Canada; Don Smart, Ellis Plant Manager; and Joe Lang, Ellis Press Operator.

    The post-press department at Ellis is critical to its success. Since nearly 70% of Ellis’s operation is sheetfed production, it requires an efficient die-cutting department that is productive and reliable so that it can quickly process orders and move those jobs along into gluing in short lead times. Customer lead time requirements are continuously getting more demanding, says Ellis, and having efficient, reliable equipment in all its operating areas is critical to the firm’s success. 

    Improved makeready times, user friendliness, enhanced productivity

    According to Ellis, the Optima 106 fulfills all of those requirements. Its operator friendly controls provide ease of handling for the Ellis team. Her operators find the controls to be easier to understand and find all of the functions to handle the machine. “Our operators love it,” she says enthusiastically. “Makeready times have improved due to click lock and other automation.”

    The Optima 106 K’s impressive features contribute to reduced makeready times and lower operating costs. Some of Ellis’s products require very efficient setup times to be cost effective, she explains, and the slick pneumatically actuated quick lock system for locking up dies helps to reduce makeready times. In turn, she says, the die cutter helps to keep costs low on short run work. Conversely, Ellis has other customers and product formats where vendor managed inventory is part of its value proposition, and subsequently, those run quantities tend to be much longer where speed and press uptime is critical.

    Investing in the Koenig & Bauer-Iberica die cutter was an easy decision for the team at Ellis. For more than two decades Iberica die cutters have made major contributions to the growth at Ellis. Replacing an existing Iberica die cutter presented minimal learning curve to the staff. This fourth die cutter follows three new Koenig & Bauer-Iberica Optima 106 K 40-inch diecutters, two for Ellis Paper Box and one for Ellis Packaging. In fact, Ellis Mississauga was the first Iberica-Koenig & Bauer installation.

    First woman named as Printing Leader of the Year

    Recently, Cathie Ellis was recognized for her leadership and named Printing Leader of the Year at the 14th annual Canadian Printing Awards, organized by PrintAction and its parent company Annex Business Media. She has worked for the family business dating back to its early days in the 1980s. Over the past 30 years, she has performed many jobs throughout the operation and rose through the company, officially taking the reins from her father Bill in 2010 as president. At the helm of Ellis Packaging today, she continues to direct the company with the same passion, core values, investment and integrity passed down by her predecessor, mentor and father.

    “It was truly an honor and quite remarkable to be the first woman to receive the award,” she says. “I feel that pursuit of excellence starts with a vision and is executed by quite an amazing team. My father Bill was the best mentor I could have asked for and I have continued to follow his core values and beliefs – invest in your equipment and people and the rest will take care of itself.”

    Founded in 1946 in Ontario, Canada, The Ellis Group is comprised of over 250 employees at Ellis Packaging, Ellis Paper Box and Ellis Packaging West servicing and specializing in the food, confectionary, pharmaceutical, neutraceutical and beverage industries. It has earned a superior reputation for the design, production and distribution of paperboard packaging. Its customers are comprised of North America's largest brand name companies due to its expert handling of projects from initial consultation, design and pre-press through to production and distribution.

    Interesting website: www.ellispkg.com

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    news-1601 Thu, 06 Feb 2020 18:48:11 +0100 Coral Graphics Maintains Leading Edge With Two Ultra-Modern Koenig & Bauer Duran Omega Carton Folder Gluers http://us.koenig-bauer.com/en/news/details/article/coral-graphics-maintains-leading-edge-with-two-ultra-modern-koenig-bauer-duran-omega-carton-folder-gluers/ •        New Omega folder gluer allows new inhouse capabilities and a 20% increase in total job throughput

    •        Significant investment is part of a $2 million purchase to benefit its clients and expand its post press solutions

    •        Louisville location serves the publishing, healthcare, packaging and home entertainment markets

    Louisville has a long tradition of showcasing the best-in-class. Since 1875, the Kentucky Derby has been held there, and the Coral Graphics team, a leading printer and subsidiary of the Bertelsmann Printing Group, likes to quip that it offers the same high quality and speed of those thoroughbreds running in that premier race. To maintain its leading edge, Coral Graphics has made a variety of investments at its centrally-located 100,000 sq ft facility in order to supplement its portfolio with high-quality finishing solutions and in 2019 invested approximately two million U.S. dollars in a number of new machines for the Louisville site, which serves the publishing, healthcare, packaging, and home entertainment markets.

    In recent months, for example, the Louisville team has bolstered its post press department with a number of new machines including two ultra-modern Omega carton folder gluer machines with hot and cold glue application: an Omega Intro 110 and an Omega Allpro 110. Additional investments have been made in a saddle stitcher, several folder units and stackers, two automated cutters, a collator and booklet maker, and new packaging machines. The team in Louisville is hiring new members too.

    “We now have more powerful and sophisticated machines than at any time in our history,” says Coral’s General Manager Mike Murray. “That makes us 20% faster and better, because we have more control over the whole production process. Our customers benefit from that locally, and so does our entire network.” And the new equipment provides a further advantage: In the recent past, Coral Graphics Louisville has been allocating finishing work to external service providers from a budget of about ten million U.S. dollars per year. With the new machines, these jobs can now be performed in-house.

    Coral was extremely pleased with the quick installation and training for its two Omega machines. The folder/gluers are producing straight line, double wall, crash lock and optional four- and six- corner with single finger servo fold for high speed precision as well as inner partition, Z-fold, conical crash lock and CD boxes at a maximum belt speed of 400 m/ min for the Allpro and 300 m/min for the Intro. Both Omega folder/gluers handle a wide range of substrates from cartonboard to corrugated, are extremely versatile and capable of producing the most complex range of carton styles, which minimizes makeready and maximizes productivity and profitability. All Omega gluers are equipped with touch screen control panels, and modems for diagnostic purposes that are designed for strength and reliability.

    Related Links:

    www.bpg-usa.com

    www.koenig-bauer.com

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    news-1596 Tue, 28 Jan 2020 18:39:53 +0100 Koenig & Bauer Maintains Strong Technological Position in the Global Corrugated Board Market with Launch of CorruCUT Sheetfed Flexo Press and Die Cutter http://us.koenig-bauer.com/en/news/details/article/koenig-bauer-maintains-leadership-position-in-the-global-corrugated-board-market-with-launch-of-corrucut-sheetfed-flexo-press-and-die-cutter/ •        Leading corrugated packaging firm is first to install the new CorruCUT

    •        Unique features such as a vacuum-belt feeder without infeed shaft, a new solution for anilox roller exchange, and an overhead vacuum delivery are included

    •        Strong durable side frames made from cast iron poured to shape at 1300 °C at the foundry display almost no vibrations

    Koenig & Bauer is maintaining its strong technological position in the growing global corrugated board market with the launch of the CorruCUT, a new sheetfed flexo press designed for the large and high growth market for direct printing on corrugated board.

    “Corrugated customers are seeking machines with faster setup and more automation as well as tailor-made solutions for their specific environment,” says Jeff Dietz, vice president of the Web & Specialty Press Division at Koenig & Bauer (US). “Waste handling in the corrugated process is a big concern as is color consistency and repeatability for brands. We believe the new CorruCUT will satisfy the needs of printers who require high graphic corrugated printing and converting machines that are faster and more cost efficient to operate. Our CorruCUT flexo press will enable us to further consolidate our strong technological position in the growing packaging market.”

    The sheetfed flexo CorruCUT press is designed with extremely robust mechanical engineering paired with maximum ease of operation and maintenance. Its strong durable side frames are made from cast iron poured to shape at 1300 °C at the foundry, which display almost no vibrations. It unites proven technology with modern electronics and intelligent automation, establishing a high performance production tool geared to all current demands of the corrugated industry. By virtue of its printing and diecutting quality, the short makeready times and general operating comfort, this new innovation with a spectacular design has generated a very positive response from customers and the global corrugated board industry.

    The CorruCUT incorporates a number of unique features such as a vacuum-belt feeder without infeed roller, a new solution for anilox roller exchange, and an overhead vacuum delivery. The CorruCUT handles corrugated sheets with a width of up to 110 inches and a thickness of 0.354 inches, running at speeds up to 12,000 sheets per hour. Koenig & Bauer engineers have designed it with DriveTronic shaftless drives that allow the demands of high precision multicolor flexo post-printing to be easily achieved. It allows operators to set up while production is running and affords fast job change and low-maintenance. It provides operators with integrated error diagnostics and online remote maintenance. Users control the machine with a flexible Profibus system and easy-to-use ergonomic touchscreen. Its open-architecture design permits access to the printing units for setup while the current production continues. Its production management system permits the saving of repeat jobs and the automatic presetting of job parameters. The integrated error diagnostics and online remote maintenance also surpass general standards.

    Sheets are carried in exact register from the feeder, via the printing units to the rotary die-cutter by way of a continuous overhead vacuum transport system. The direct drive technology also allows the use of different printing plate thicknesses by compensating the circumferential speed of the cylinder. The CorruCUT printing units are fitted with the proven quick-clamp chamber blade system made from carbon fiber composite. The low volume of the chamber blade serves optimum ink transfer and minimal ink losses during washing. The ink supply and the automatic washing system are designed to achieve the best possible results with low water consumption and fast washing times.

    The prestigious Klingele Group is the first customer to install the new CorruCUT sheetfed flexo press with integrated high board line rotary die-cutter at its German box plant. In developmental partnership with Klingele, the new press has been designed for the high-performance rotary production of die-cut corrugated products in ultimate flexo post-printing quality. The Klingele six-color press is a completely new design – from the feeder, via the printing units and rotary die-cutter to the delivery. Due to the high quality of the CorruCUT’s printing and diecutting, its short makeready times and general operating comfort, the new machine has generated a very positive response from Klingele and the global corrugated board industry. 

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    news-1590 Wed, 22 Jan 2020 23:16:33 +0100 NEPA Carton & Carrier Adds 50% Capacity With Spring Delivery of New Koenig & Bauer Rapida 145 http://us.koenig-bauer.com/en/news/details/article/nepa-carton-carrier-adds-50-capacity-with-spring-delivery-of-new-koenig-bauer-rapida-145/
  • New custom-built large format Rapida 145 doubles productivity and accentuates quality
  • Fully automated Koenig & Bauer Rapida will provide additional capabilities for further marketplace expansion
  • Duo of high-speed six-color presses bring unique Koenig & Bauer color control, quality, and superior build and technology
  • As the craft beer industry continues its steady growth and momentum, NEPA Carton & Carrier is seeing increased demand from this specialized niche contribute to its own exceptional sales growth. With a sterling reputation as a full service folding carton manufacturer for businesses across the U.S. specializing in beverage carriers, this northeastern Pennsylvania package printer is poised to deliver products that are not only sturdy but fun, artistic, and colorfully creative, telling the story of each brand, special seasonal occasion or limited edition.

    As a leading folding carton provider to the beverage, food, cosmetic, and tray marketplace, NEPA’s customers will be the beneficiaries of a second new Rapida press, to be delivered in the spring of 2020, allowing NEPA to continue to provide superior customer service, quality products and quick turn-around.

    “Our work is of the highest quality and time sensitive and we work hard to consistently exceed our customers' expectations,” says Mike Collins Sr, president of NEPA. “Our current Koenig & Bauer Rapida 145 57-inch press has added value to our business and allowed us to become trusted professionals that deliver exceptional products to our customers. Due to the continued growth of craft beer sales, now amounting to 24% of the total $114-billion U.S. beer market, as well as our continued new market penetration, we are excited about adding a second Rapida to our pressroom equipped with increased efficiencies and added capabilities that will contribute to the high level of quality and service that our customers expect from us.”

    Superior Koenig & Bauer technology and unique features outperform competitors

    NEPA places the highest premium on providing high quality custom folding carton solutions that meets the needs of individual customer production. “We chose a second new Koenig & Bauer sheetfed press because it has unique technology as compared to other press manufacturers,” says Collins. The new press, with a top speed of 17,000 shp, will be equipped with a host of automated modules specific to Koenig & Bauer such as QualiTronic Color Control, QualiTronic PrintCheck, and QualiTronic Instrument Flight – grey-balance control from System Brunner. All of these advanced color control systems will provide the ultimate system for total print quality control and it requires no operator intervention.

    What makes NEPA’s current Koenig & Bauer press stand out?

    NEPA chose to add a second Koenig & Bauer Rapida press due to its outstanding productivity, sharp reduction in client turnaround, and high quality produced on its current Rapida press. This key workhorse, a 57-inch six-color large-format press, which has been operating unabated for the past three years, is delivering the highest speed to bring their customer’s products to market with total quality control systems. To provide the utmost degree of quality, it is equipped with inline color measurement and control via a camera located in one of the units that takes a picture of each sheet as it is printed. This system improves quality for NEPA’s customers and substantially increases productivity.

    To ensure that its beer cartons are color consistent from run to run, NEPA relies on its Koenig & Bauer ErgoTronic color control system on its Rapida 145. NEPA operators are clearly enthused by the streamlined automation and reduced makeready from hours to only minutes, says Collins. Additional important automation systems include the multi-function CleanTronic washing systems and the Koenig & Bauer DriveTronic SIS (Sensoric Infeed System), a patented sheet infeed system that eliminates the need for NEPA’s operator intervention.

    To maintain its leadership role in the beverage carrier and carton industry, NEPA utilizes its environmentally-friendly Koenig & Bauer VariDry HL Blue system to provide ultra fast throughput due to its drying capabilities resulting in a greener footprint.

    Leader in using QualiTronic System Brunner Instrument Flight

    Its new Koenig & Bauer Rapida 145 will also be equipped with the inline QualiTronic System Brunner and its Instrument Flight system, just as the current Rapida 145 is equipped. When NEPA installed it three years ago on its current Rapida 145, the firm became one of the first printers in North America to have System Brunner and its Instrument Flight system featured on its new press. In that time, this important feature, says Collins, has allowed the press to be controlled via grey balance with the QCC option from Koenig & Bauer. It also is the only system on the market that allows a printer to change and select the grey balance that they prefer on press and control. This allows NEPA to run and control its printed product to G7 standards. 

    NEPA Carton has served the folding carton industry from its present location in Moosic, PA since 1984. The firm, which brings to the industry over 50 years of collective experience, is headquartered in a 55,000 sq ft facility and 80,000 sq ft warehouse space. It is family owned and operated, and prides itself in the personal attention given to each and every customer. NEPA Carton offers the fastest turnaround in the industry even on custom designs. It provides superior customer service, quality products and quick turn-around.

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    news-1581 Thu, 09 Jan 2020 13:38:05 +0100 Koenig & Bauer Flexotecnica Launches New Evo XC Compact CI Flexo Press http://us.koenig-bauer.com/en/news/details/article/koenig-bauer-flexotecnica-launches-new-evo-xc-compact-ci-flexo-press/
  • Aimed at flexible packaging printers who seek a space-saving solution and considerable energy savings
  • Outstanding printing quality at reduced investment costs
  • Printing speeds up to 400m/min, ultra fast job changeovers
  • Koenig & Bauer Flexotecnica recently launched a brand new high performance compact CI flexo press---the Evo XC---to join its well-established line of Evo models. The eight-color press offers one of the smallest footprints in the industry and is available in two different versions with a maximum repeat length of up to 850 mm and printing speeds up to 400 m/min.

    “This press represents state-of-the-art technology for newcomers as well as experienced printers (e.g. from the rotogravure industry) who want to enter the CI flexo market in a budget-friendly way,” says Preston Neetzel, sales director-flexo  of the Web & Specialty Press Division at Koenig & Bauer Flexotecnica. “We developed the Evo XC to enable efficient printing with environment-friendly water-based inks not only on paper, but also on plastic films. The Evo XC is aimed at flexible packaging printers who are seeking a space-saving solution and considerable energy savings at the same time. This small-sized machine can be an additional press to an existing wide-web machine converter in order to achieve a new level of cost-efficiency.”

    Koenig & Bauer-Flexotecnica is launching the Evo XC, a brand new high performance compact CI flexo press, to join its well-established line of Evo models.

    Wrapped in the iconic Koenig & Bauer design, the Evo XC features traditionally solid machine engineering in combination with the intuitive HMI, a completely new dryer concept as well as the latest digital Industry 4.0 features, which herald a new era in terms of output efficiency, production uptime and operator-friendliness.

    Its key features include:

    ·       Iconic machine design: the clear and minimalist design concept of this printing press increases safety while reducing failures in operator workflow due to a new level of accessibility.

    ·       Human machine interface: a new intelligent HMI with large 24-inch touch screens has been introduced to promote simple and intuitive job data input and control of the press functions.

    ·       PrintTronic automatic impression settings: this proven technology ensures automatic control of print impression positions with minimized material waste and increased production uptime. Integrated in the HMI, PrintTronic delivers practical benefits such as quicker printing impression adjustment on all printing decks at once, no requirement for video cameras or additional external equipment, no need for dedicated marks or RFID imbedded sleeves, no ink consumption during the process and compatibility with any type of material, plates or inks.

    ·       Doctor blade chamber: this system achieves outstanding printing results because adjustments are made automatically for accurate and fast job changeovers. A fast clamping system and extra long-lasting doctor blades provide easy operation and low maintenance. An optimized interior geometry of the chamber with a reduced volume results in additional ink savings and ensures smooth operation with hardly any ink spitting

    ·       DryTronic: In order to meet the demands for efficient drying of solvents and water-based inks for both inter-deck as well as final dryer stages, Koenig & Bauer has introduced an enhanced inter-color drying system for efficient heat transfer to the web while at the same time reducing heat loss. Due to an optimized configuration, the dryers generate effective airflow – even at high printing speeds – to promote homogeneous drying. Accurate temperature control of the system ensures constant drying and low energy consumption without sacrificing print quality or damaging the web. An important benefit of the novel drying system between colors is its compact and ergonomic design that improves operator-friendliness for maintenance and cleaning.

    ·       WashTronic: The WashTronic system optimizes the inking supply and allows the ink to be changed more quickly. Due to less ink in the circuit, a higher productivity level can be achieved, especially with increasingly shorter jobs. The integrated arrangement of the system reduces the total footprint of the press while remaining ergonomic for the operator at the same time.

    The new Evo XC from Flexotecnica made its maiden debut at the K2019 fair in Düsseldorf, Germany, where it drew crowds to view its several live demonstrations each day and will next appear at the Koenig & Bauer booth at Drupa 2020 in Düsseldorf.

    Koenig & Bauer (US) is located in Dallas, Texas and a member of the Koenig & Bauer Group, which was established over 200 years ago in Würzburg, Germany. Koenig & Bauer’s claim, “We’re on it.” gets to the heart of Koenig & Bauer’s values and competencies for all target groups. The group's product range is the broadest in the industry; its portfolio includes sheetfed offset presses in all format classes, post press die cutting, folder gluers, inkjet presses and systems, flexographic presses, commercial and newspaper web presses, corrugated presses, special presses for banknotes, securities, metal-decorating, glass and plastic decorating. For more information visit the company's web site at www.koenig-bauer.com.

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    news-1572 Tue, 17 Dec 2019 00:36:33 +0100 Carlson Print Group Holds Exciting Ribbon Cutting Ceremony To Introduce Its New Impressive High Speed Koenig & Bauer Rapida 105 PRO Six-Color Press http://us.koenig-bauer.com/en/news/details/article/carlson-print-group-holds-exciting-ribbon-cutting-ceremony-to-introduce-its-new-impressive-high-speed-koenig-bauer-rapida-105-pro-six-color-press/
  • New Rapida 105 PRO’s preset capabilities and color control systems are a few of the highlights
  • New press will provide a 25% reduction or more in make-ready time as compared to its existing press
  • Koenig & Bauer management team provided press tours and explained its unique technical features and advantages
  • On a highly-anticipated day, the Carlson Print Group officially unveiled its new Koenig & Bauer Rapida 105 PRO 41-inch six-color press to its entire organization in an exciting ribbon cutting ceremony on October 29th, 2019. The award-winning printer, with headquarters in Eden Prairie, south of Minneapolis, produces some of the most vivid eye-popping customized print pieces from commercial to packaging for some of the most recognizable brands in the world. The event, which was held at Carlson’s 74,000 sq ft facility, provided its team from the sales, production, and office staff with in-depth knowledge about the unique capabilities of the new Rapida 105 PRO, how it will open doors to even more high-end packaging opportunities, and expand its high value print products for all of its customers’ brand marketing.

    “We are proud to reveal our latest investment---our Rapida 105 PRO press---which will play a key role in producing our attention-grabbing and inventive work for our wide variety of nationwide clientele in the Fortune 100 to 500 list of businesses,” says Darren Carlson, chief executive officer of Carlson Print Group. “By investing in the new Koenig & Bauer press, we are accommodating our firm’s rapid growth and increasing our capacity for our valued clients that require bold, unique printed products by utilizing unique materials and special effects.”

    Left to right: Darren Carlson, CEO and President of the Carlson Print Group; and Eric Frank, senior vice president of marketing and product management at Koenig & Bauer; introduce all of the newest unique features of the popular medium-sized Koenig & Bauer Rapida 105 PRO 41-inch six-color press at the exciting ribbon cutting ceremony.

    Indeed, the firm’s internal analysis of the new press has calculated impressive productivity increases and important savings reductions in other important areas. The Rapida 105 PRO will increase CPG’s productivity by at least 30% or higher, according to Earl Guinter, Carlson’s sales manager, and a minimum 25% reduction in make-ready time as compared to its existing press. The latest Koenig & Bauer model at Carlson will meet its environmental and sustainable goals with the addition of energy saving LED-UV lamps.

    The special event kicked off with welcome remarks from Eric Frank, Koenig & Bauer’s senior vice president of marketing and product management, who addressed the crowd from the press deck on the importance of a strong partnership between the two leading firms and a vision forward. CPG’s CEO Darren Carlson, standing alongside him, emphasized the importance of providing value added print solutions and explained to the audience the importance of this key investment to the organizations’ continued strong growth. It is, he said, market acknowledgement of the firm’s fine reputation as a high quality print provider. Carlson also noted his appreciation towards his dedicated team that continually provides the industry’s top satisfaction.

    After the welcoming remarks, Koenig & Bauer’s sales and management team were on hand to provide insight into the unique features of the new press and lead small group walk-throughs that allowed the CPG team to understand all the new technical features and advantages it can bring to their customer base. In-depth round table discussions were held with all facets of the organization on Carlson’s high growth and how the new press will support its diverse, high quality product portfolio that is unique to the marketplace.

    One of Carlson’s biggest targets is to attain the highest quality color for its worldwide brand customers and ensure perfect customer press checks. Equipped with a trio of superior color control systems--- ErgoTronic Color Control, ErgoTronic LAB, QualiTronic Color Control---the new Rapida 105 PRO is providing Carlson’s press operators with color control that insures that their printed product maintains superior color consistency from the beginning of their production run to the end. These systems are also giving Carlson the ability to measure every single sheet and execute automatic color correction with QualiTronic ColorControl inline measuring equipment.

    Carlson Print Group is pioneering new dimensions in print with the latest in imaging and finishing technologies. The Eden Prairie, MN firm prints on virtually any substrate, from the lightweight paper publication grades to a variety of synthetics including various forms of plastic. No matter what the job, from short run digital solutions to large-scale litho print projects, the quality of its work is matched only by its dedication to service.

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    news-1563 Tue, 03 Dec 2019 23:18:47 +0100 Koenig & Bauer Awarded “Company to Watch” at Fifth Annual Digital Packaging Summit http://us.koenig-bauer.com/en/news/details/article/koenig-bauer-awarded-company-to-watch-at-fifth-annual-digital-packaging-summit/
  • Fifth annual event attracts 95 printing/packaging executives to expand digital technology knowledge
  • Koenig & Bauer demonstrates its holistic approach, encompassing digital vision for packaging
  • All eyes on launch of new Koenig & Bauer VariJET 106 at Drupa 2020
  • At the recent fifth annual Digital Packaging Summit 2019 in Ponte Vedra Beach, Florida, Koenig & Bauer was honored to be recognized with the coveted “Company to Watch” award. Organized and managed by NAPCO Media and Packaging Impressions magazine, the Digital Packaging Summit 2019, a three-day, invitation-only gathering in Ponte Vedra Beach, FL, played host to 95 printing/packaging executives anxious to expand their knowledge of digital technology as it relates to their package printing and associated businesses.

    On hand were 43 solution providers, including Koenig & Bauer, who presented to and interacted with the packaging executives, sharing case studies and first-hand reactions by users of the sponsoring companies’ technologies. Label and packaging executives at this year’s summit voted Koenig & Bauer as the “Company to Watch” basing their decision on what they see in the market and what they hear at the summit.

    Left to right: Brian Ludwick, VP & Publisher/Brand Director, Packaging Impressions; congratulates Eric Frank, senior vice president of marketing and product management at Koenig & Bauer; and Maik Laubin, sales director of digital solutions for the VariJET 106; and presents them with the coveted “Company to Watch” award along with David Pesko, EVP at NAPCO Media & Event Director, Digital Packaging Summit.

    “The Digital Packaging Summit is an extremely unique opportunity to present our company’s digital vision and provides the opportunity for personal round table discussions on the future direction of our industry,” says Eric Frank, senior vice president of marketing and product management at Koenig & Bauer. “We are very proud to receive this coveted award.”

    Koenig & Bauer was also represented by Maik Laubin, sales director of digital solutions for the VariJET 106. “This event was an outstanding venue for Koenig & Bauer to inform the market on our new VariJET 106 digital 41-inch press and further understand the exact needs of the folding carton market,” says Laubin. “The VariJET 106 will be launched at Drupa 2020 in Düsseldorf, Germany, and we expect tremendous excitement about Koenig & Bauer’s digital initiative that will help our customers grow into new markets and enhance their capabilities. We enjoyed meeting with attendees to understand their options, challenges, economics, and critical decision-making criteria.”

    At the summit, attendees learned more about the new VariJET 106. The VariJET 106 combines the strengths of digital inkjet with those of classic offset printing and inline finishing by integrating inkjet technology into the platform of the high-performance Rapida 106 offset press. The consistent modular concept combines the opportunities of digital inkjet with the acknowledged print and inline finishing capabilities of the offset process. Coating, cold foil transfer and printing before the inkjet unit, coating, printing and die-cutting thereafter. With the VariJET 106, printers are ideally equipped to produce the packaging of the future, whether that means personalized and individualized print products or constant alternation between short and medium runs.  As a modular system, the VariJET 106 can be configured exactly the way a printer requires for its particular production needs. It is this unique flexibility which defines the VariJET 106 as the most productive and most cost-efficient hybrid printing system on the emerging market for digital packaging printing.

    The Digital Packaging Summit puts users and suppliers together to show how digital printing technology in labels, folding cartons, flexible packaging and corrugated materials can deliver a bottom-line difference. With compelling presentations by leading analysts and industry experts, in-depth real-world case studies in intimate boardroom settings, and focused one-on-one meetings, the Digital Packaging Summit is a unique venue that defines the agile, responsive and profitable future of label and package printing.

    “Koenig & Bauer (US) has been a loyal supporter of the Digital Packaging Summit since we started the event in 2015,” says David Pesko, executive vice president at NAPCO Media and event director. “We congratulate them on winning this coveted award. The ‘Company to Watch’ award is voted on by all of our executive attendees and represents the sponsor they feel is poised for success, the most innovative, and a company to keep an eye on moving forward.”

    The Digital Packaging Summit is a free, all-inclusive experience for qualified attendees – senior managers and business executives who want to understand how current and future digital production printing technology, software and solutions will impact their business and investment decisions. This summit offers strategic-level insights into what printing and converting industry leaders should do to improve and optimize their business.

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