KBA News Feed http://www.koenig-bauer.com/ en Koenig & Bauer AG Fri, 15 Dec 2017 07:09:13 +0100 Fri, 15 Dec 2017 07:09:13 +0100 news-807 Wed, 08 Nov 2017 07:01:00 +0100 Koenig & Bauer on track to meeting growth and earnings targets for 2017 https://us.koenig-bauer.com/news/details/article/koenig-bauer-bei-wachstums-und-ertragszielen-2017-auf-kurs/
  • 4% rise in orders to €903m
  • Gains in service and the growth fields of packaging and digital printing
  • 2% increase in revenue to €848m
  • With book-to-bill ratio of 1.07, order backlog of €613m remains at the previous year’s high level
  • EBIT of €20.1m and a margin of 6.5% in Q3
  • Guidance for 2017 confirmed: revenue of up to €1.25bn and an EBIT margin of around 6%   
  • Following a good third quarter, the Koenig & Bauer group took a large step towards achieving its growth targets for revenue and earnings in 2017, the year in which it was celebrating its 200th anniversary. In the first nine months, order intake rose by 3.9% over the previous year (€869.8m) to €903.4m. “In addition to our expanding service business, the increase in new orders was underpinned by gains in the growth fields of packaging and digital printing,” said CFO Mathias Dähn. CEO Claus Bolza-Schünemann reported on a first order for the newly developed digital CorruJET sheetfed press addressing the prospering market of corrugated printing, which attracted great customer interest at the trade event FEFCO in Vienna in October. Revenue rose by 2% to €847.7m. With the book-to-bill ratio of 1.07, the order backlog of €613.2m at the end of the quarter remained at the previous year’s high level. EBIT came to €36.4m in the first nine months. The previous year’s figure of €39.2m had been influenced by a catch-up effect of €4.9m from a security press project. Group net profit came to €29.5m (2016: €32.5m), equivalent to earnings per share of €1.79 (2016: €1.98).  

    Für die digitale CorruJET-Bogenmaschine, die für den überdurchschnittlich wachsenden Wellpappendruck neu entwickelt wurde, hat Koenig & Bauer eine erste Bestellung erhalten (2)

    Group earnings strengthened by increased Sheetfed profit

    Order intake in the Sheetfed segment rose by 11.7% over 2016 (€429.8m) to €480.3m. In addition to the clear increase in service orders, this performance was underpinned by strong demand in the packaging sector and good signings for commercial sheetfed presses and flatbed die-cutters. Revenue grew by 7% from €443.8m in the previous year to €474.7m. The additional revenue with a good service business and lower costs resulted in an increase in segment profit to €20.3m (2016: €17.3m).  

    Order intake in the Digital & Web segment dropped to €111.1m compared with €128.5m in the previous year particularly as a result of fewer new contracts for web offset presses for newspaper and commercial printing. Reflecting this, revenue came to €113.2m, down 8.8% on the previous year (€124.1m) despite the growth in service business and digital printing presses. The positive earnings trend in web offset and digital printing business came under strain from optimisation efforts at KBA-Flexotecnica, resulting in segment EBIT of –€3.6m compared with the previous year’s figure of –€1.9m.  

    In the Special segment, growth in orders for metal, glass/hollow container decorating and coding systems together with a slight shortfall in security printing business over the previous year’s high level resulted in an increase in new orders from €355.3m to €359.8m. At €304.6m, revenue still fell short of the previous year (€323.6m). EBIT came to €25.6m in the first nine months (2016: €29.6m). The segment posted an EBIT margin of 8.4%.  

    Bis Ende September erhöhte sich der Anteil der Serviceerlöse am Konzernumsatz von 24 % im Vorjahr auf 27 %. Zu diesem Wachstum haben Service Complete-Angebote mit Analysen und Consulting über Workflow-Themen bis hin zu Mitarbeitertrainings beigetragen (1)

    Increase in equity ratio to 32.4%

    Despite the higher customer prepayments, cash flows from operating activities came to –€24.6m and were thus down on the previous year’s figure of –€5m. Whereas working capital was successfully reduced in large parts of the group, inventories and customer receivables mainly rose in the Special segment. However, the measures already taken will not have short-term effects. Aside from capital spending of €27.9m, the free cash flow of –€87.8m (2016: –€17m) was burdened by the payment instalments of €37.4m made to date for the external funding of a part of the pension provisions. With its funds of €117.1m, securities of €16.9m that can be liquidated at short notice as well as the high cash and guarantee facilities, Koenig & Bauer has a stable funding base. The equity ratio rose relative to the higher balance sheet total to 32.4% (end of 2016: 31.1%).  

    The group workforce increased by 210 over the previous year to 5,542 employees as of 30 September. In addition to recruiting in the service business and for new applications for the packaging and digital printing markets, 44 employees joined the group as a result of the first-time consolidation of KBA CEE.  

    Guidance for 2017 confirmed

    Following the 2% increase in revenue in the year to 30 September 2017 and the good earnings in the 3rd quarter, the management board’s guidance for 2017 is based on the high order backlog of €613m. Said CEO Claus Bolza-Schünemann: “The numerous press deliveries and service orders in the fourth quarter will trigger a surge in revenue and earnings. In view of this business concentration, which is challenging due to the high capacity utilisation but not unusual, we expect an organic growth of up to €1.25bn in group revenue and an EBIT margin of around 6% in 2017.”  

    Figures at a glance 

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


    news-798 Tue, 24 Oct 2017 02:41:06 +0200 New KBA Rapida 106 20,000 SPH Press Advances D’Andrea Visual Communications’ Pressroom https://us.koenig-bauer.com/news/details/article/new-kba-rapida-106-20000-sph-press-advances-dandrea-visual-communications-pressroom/
  • World’s fastest press running at 20,000 sph
  • Opens doors into growing packaging sector
  • Installation in its new facility in Orange County, CA
  • Ever since it was established in 2005, D’Andrea Visual Communications has set its course as a premier, yet revolutionary, visual communications creator in Los Angeles. As its competitors remained dubious of UV technology and its printing benefits, this young minority-owned firm immediately embraced the innovation and, after 12 years of experience, has built a sterling reputation for high quality printing production and the most up-to-date technology for some of the most impressive Fortune 500 brands on the globe. 

    But that’s not the only area that distinguishes D’Andrea from the rest of the field. To better serve its customers, the firm is currently combining both its commercial UV litho printing and top tier grand format production and finishing along with its 150 employees to have its litho, bindery and digital grand format production all under one roof. It continues to be one of the few to print on all types of substrates, from fly sheet to 36 pt board as well as a variety of synthetic stocks.   

    The team at D’Andrea Visual Communications is excited about its new KBA Rapida 106 press. Left to right: David Schiller, Founder / VP of Business Development; Carson Ladd, Vice President of Operations; Lety Villegas, Controller; Gary Reyes, Litho Division Manager; and David D’Andrea, Founder / CEO.

    This fall, the firm is installing its new KBA Rapida 106 alongside an existing press. Ever since the Rapida 106 was launched, it has gained a reputation for being the world’s fastest press at an incredible 20,000 sph. But it also provides fast makeready speeds with simultaneous processes, the highest print quality, and the ability to print on the widest range of substrates---all mandates that D’Andrea has imposed to continue to keep its competitive advantage over its competitors. 

    “For two years we researched which sheetfed press would be best for our clients and for us,” says Gary Reyes, litho division manager. “Ultimately, KBA offered us advanced technology that we didn’t have before, the fastest 20,000 sph speed, and the highest quality that our customers demand. Plus, the press opens doors for us into a new market: small packaging. It will be our workhorse press and differentiates us from any of our competitors.”

    Press operators are eager to begin production on the new KBA Rapida 106 eight-color press with coater and UV technology. Its amazing 20,000 sph production speed will increase job throughput and its unique KBA ErgoTronic and KBA QualiTronic technology systems---which provide precise quality and color control measurement of each sheet---will raise quality levels even further, especially important for DVC’s well-known brands. 

    D’Andrea Visual Communications is headquartered in a gleaming white, ultra-modern two-story facility in Cypress, CA under a bevy of Southern California palm trees between Long Beach and Huntington Beach. This new facility, opened in 2013, offers a large manufacturing space. It’s in this prime location where its experienced craftsmen can print and produce important projects for elite firms across the national market but particularly in Southern California, including large advertising and design agencies, entertainment companies, movie studios, record producers, DVD production and distribution firms, as well as major automobile marketers. Its sales experts, project managers, engineers, craftsman and installers all work closely to collaborate with its clients in order to enhance their brand. 

    “Ultimately, our goal is to create visual marketing materials that get noticed,” says Reyes. “Every day, we’re producing impactful and innovative visual experiences that inform, motivate, and inspire while reinforcing our clients’ brand and making a lasting impression. Currently in our market we see clients wanting quality work with a speedy turnaround. They also want that one on one service so they feel confident their projects are being handled in an efficient manner. Our clients praise us for our unparalleled customer experience.”   

    D’Andrea Visual Communications was launched in April 2005 and is a complete visual communications producer for Fortune 500 brands as well as unique start-ups.  DVC is a minority owned and FSC® certified company. Its founder, David D’Andrea, has been in the printing industry in Southern California for more than three decades. D’Andrea Visual Communications was created to provide top-tier grand format graphic and finishing solutions to the national market with a focus on Southern California. 

    news-781 Mon, 09 Oct 2017 23:51:04 +0200 Classic Graphics Expands Operation With New KBA Rapida 164 Hybrid UV Press https://us.koenig-bauer.com/news/details/article/classic-graphics-expands-operation-with-new-kba-rapida-164-hybrid-uv-press/
  • Increased production speeds, fast makereadies, precise inline quality control
  • Expanding regional reach
  • First UV and large format conventional offset press
  • When you’re in the retail signage and point-of-sale promotion business, size, consistency, quality, and localized message matter. No matter where you live, whether you’re walking down the main boulevard in Miami or visiting a mall in any city, retailers demand eye-catching graphics to lure business into their stores. That’s the task of Classic Graphics, a leading printing, finishing, and fulfillment firm based in North Carolina and part of the Imagine! family of companies. 

    Classic has been growing its business exponentially over the past decade and gaining a sterling reputation for its innovation and technical astuteness for its customer base of top national and international brands. But this Charlotte-based business is not content with its current status quo. Rather, the firm is increasing its footprint in the region and investing in its first large-format printing press to expand its capabilities and its reach among its customer base. Its Charlotte facility, set in a low-rise building amid an industrial park, will take delivery of a new KBA Rapida 164 64-inch hybrid UV press in December 2017. It will complement their fulfillment and production department which will move this fall to a newly-constructed facility in the Concord Airport Business Park. Classic also operates a second facility in Research Triangle Park (Morrisville, NC). In all, Classic’s business encompasses 385,000 sq ft of space and 350 employees. 

    “This is a tremendous investment for us,” says David Pitts, president of Classic. “Our new seven-color, 64" KBA Rapida 164 hybrid printing press will support our growing UV business with increased production speeds, fast makereadies, and precise in-line quality control. Not only are we acquiring our first large-format press but our facility expansion includes a full range of large-format finishing and kitting capabilities, enhanced design services, and triples the size of our current fulfillment center, increasing our secure storage options and boosting our digital print-on-demand capabilities.” 

    Photo 1: (Left to right) David Pitts, president of Classic, and John Hans, CEO of Imagine!

    The point-of-purchase signage market has continued to dramatically become personalized and localized as well as requiring the highest quality, fastest turnaround, and color fidelity to the product and brand. The KBA Rapida 64-inch press will bring those new enhanced capabilities to Classic’s pressroom. Its inline camera control system, says Pitts, will bring Classic’s operation to a new level, ensuring consistency throughout the run, and evaluating each sheet inline without operator intervention. The maximum production speed of 15,000 sheets per hour on the new KBA Rapida 164 along with its larger size of 64-inches in contrast to the firm’s existing 40-inch presses will expand the amount of work being produced on press. 

    “Our goal is to continue offering our clients customized, targeted solutions,” says Pitts. “We’ve become more and more granular for our customers printing five different versions of their signage or printing 500 versions. Our customers might have 1,000 stores each with unique signage, different products for their area, and localized pricing. Not only do we print for them but we manage the signage going into these retail stores. Each location has specific signage based on what it sells. Our reputation is based on producing multiple signage versions with fast changeovers and quick makeready. That’s what sets us apart. Our vision is to be the best-in-class consumer outcomes company.” 

    After all of these enhancements have been completed this fall, Classic will be offering a complete in-market solution, production, and distribution footprint for its customer base. These investments will heighten Classic’s awareness within its current customer base that reside on the East Coast and mainly in the Southeast and will help to expand Imagine!’s reach into this part of the country. Full operation of these expanded services is targeted for the first quarter of 2018. 

    Classic chose the new KBA Rapida 164 due to the deep relationship and long partnership that its parent company, Imagine!, has with the Dallas-based press manufacturer. “We’re highly anticipating our new KBA press and the capabilities that it will bring to our business,” says Pitts. “KBA has delivered ten presses to Imagine’s facilities over the years and brings its own highly-regarded reputation and experience with UV.”

    Steve Korn, KBA’s Director of National and Key Accounts, adds, “This new KBA Rapida 164 press purchase made by Classic Graphics, an Imagine! company, signals once again that the largest independent printing company in North America continues to invest in new technology for its clients to drive further improvement in the production of branded materials and retail offerings across the country. Classic Graphics can also look forward to the Service Select team at KBA.  Offering the best service coverage in the industry, KBA offers technical expertise and performance services to ensure our customers are operating at peak productivity 24/7/365. We applaud the entire Classic Graphics team on what they’ve accomplished, its extraordinary growth both in sales and physical facilities, but most importantly its relentless customer-focused solutions approach. We are confident that this new KBA large format press will provide increased capacity, fuel future growth, and continue Classic Graphics flawless execution of high quality printing and on-time service with its existing and future clients for many years to come.” 

    Headquartered in Charlotte, NC, Classic is a nationally recognized, award-winning, privately held, full-service graphic communications company. Founded in 1983 by David Pitts and Bill Gardner, it offers an ever-expanding portfolio of services, serving top corporations in the nation and their agencies of record.

    In December 2013, Classic Graphics became part of the Imagine! family of companies. Together with sister companies Imagine! Express and Midnight Oil Agency, the combined capabilities of the most respected names in the visual communications industry offers clients an optimal service and distribution model while leveraging creative capabilities and manufacturing technology for the most sophisticated visual solutions.

    John Hans, CEO of Imagine!, added, "Imagine! is excited to increase our presence in the Southeast marketplace and further our comprehensive suite of services. This expansion will allow us to continue offering our clients customized, targeted solutions, and will aid in our future vision of being a best-in-class consumer outcomes company." 

    About Imagine! 

    Imagine! is an industry-leading, complete visual communications provider, delivering end-to-end solutions for retailers and CPG companies. We help brand marketers execute in-store campaigns with the highest level of quality and accuracy while maintaining a streamlined, cost-effective process. Learn more and be inspired at DiscoverImagine.com. Headquartered in Minneapolis, the Imagine! family of companies includes Imagine! Print Solutions (Minneapolis, MN), Imagine! EXPRESS (Minneapolis, MN), Classic Graphics (Charlotte, NC) and Midnight Oil Agency (Burbank, CA).



    news-775 Wed, 04 Oct 2017 16:35:47 +0200 Koenig & Bauer Receives Contract For New MetalStar 3 Press Line https://us.koenig-bauer.com/news/details/article/koenig-bauer-receives-contract-for-new-metalstar-3-press-line/ A packaging solutions supplier for large manufacturers has purchased a new four-color MetalStar 3 press from KBA-MetalPrint. The new MetalStar 3 four-color press line will include KBA UV curing, fully automatic plate change (FAPC), KBA CleanTronic Synchro for simultaneous washing of the blanket and impression cylinder, simultaneous roller wash (SRW), automatic camera register control (ACRC), sheet management system, inline Metalcoat 470 coater, and a double box stacker.  The press will be installed in the first quarter of 2018.

    Photo 1: The new four-color MetalStar 3 press from KBA-MetalPrint being installed at a large billion dollar packaging solutions supplier for large manufacturers.

    Commenting on the order, Sam Pernice Director of Sales & Service for KBA-MetalPrint in the USA said: “This particular customer is successful for a variety of reasons, not the least of which is their meticulous and professional approach when choosing their business partners. Their selection of the MetalStar 3 press is the culmination of very careful planning and due diligence. While we realize that there are other vendors from which to choose, we are honored that they have chosen to place their confidence and trust in our hands.” Pernice continued, “Coming on the heels of another order we received from them last year, we are especially gratified to receive this repeat business.” 

    KBA North America assumed responsibility of new equipment sales and became the sales agent on July 1, 2017 on behalf of KBA-MetalPrint.

    KBA North America is located in Dallas, Texas and a member of the Koenig & Bauer Group which was established 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-cutters, inkjet presses and systems, flexographic presses, commercial and newspaper web presses, corrugated presses, special presses for banknotes, securities, metal-decorating, smart cards, glass and plastic decorating. For more information visit the company's web site at www.koenig-bauer.com.



    news-744 Wed, 06 Sep 2017 01:10:03 +0200 Everett Graphics Continues to Elevate Innovation With its New Rapida 145 Six-Color Press https://us.koenig-bauer.com/news/details/article/everett-graphics-continues-to-elevate-innovation-with-its-new-rapida-145-six-color-press/
  • Business strategy consistently geared towards pro-environmental printing
  • Expands their capabilities into large format printing
  • New press addresses needs for additional customer applications
  • To be successful in today’s competitive and ever-changing market, no matter what industry you serve, a business needs to have its pulse on upcoming government regulations, be ever mindful of changing trends, and take a positive and proactive approach. That’s been the stance of leading northern California folding carton manufacturer Everett Graphics.  

    As California leads the nation in adopting additional pro-environmental policies, businesses like Everett are showing their resourcefulness in catering to these new needs. But Everett goes quite a few steps further. While many print shops offer eco-friendly printing, Everett has consistently geared its business strategy towards pro-environmental printing through its choice of substrates, its production technology, and its social responsibility towards its customers and its region.

    Whit Everett, president and CEO of Everett Graphics, stands in front of his direct print-on-micro-flute KBA Rapida 106 press, which will soon be joined with an enhanced-performance highly-automated KBA Rapida 145 57-inch press---its first large format---at its Oakland, CA facility.

    Throughout its nearly 40 years in business, Everett has chosen its equipment very carefully to align with its business philosophy. During the past decade, KBA has become a partner with Everett supplying it with new sheetfed offset technology. Thus it was no great surprise when the firm ordered another enhanced-performance highly-automated KBA Rapida 145 57-inch press---its first large format---to augment its KBA Rapida 106 41-inch press at its Oakland facility. This premier designer and manufacturer of quality packaging primarily catering to the food industry is currently installing its new Rapida 145. 

    “Being a California-based company that is one of, if not the most environmental progressive state in the country, we are shaped a lot by our state’s environmental outlook and planning,” says Whit Everett, president and CEO. “To remain competitive and successful we are trying to stay one step ahead of the markets and our customer’s needs.  We are aggressively innovating ways to replace Styrofoam and plastics in packaging, which is being driven by local legislation. With the upcoming restrictions being placed on the use of plastics and Styrofoam by the state of California and by the desires of our customers, we are moving more aggressively into the produce, poultry and meat markets, as we create innovative recyclable, compostable alternatives for these products.” 

    That’s where the new KBA press plays its important role at Everett. “With this new KBA press, we will be able to run e and f-fluted materials at higher speeds than ever,” says Everett. “It will differentiate us from our competitors because we now have the ability print high quality, offset work, directly onto micro-flute substrates in large format. Other companies have to print a top sheet then laminate it to single face. We save an entire process, which enables us to be more efficient and faster.” 

    Headquartered in a quiet tree-lined industrial area not far from the San Leandro Bay, Everett is situated in a modern two-story gleaming white facility with 82,000 sq ft of manufacturing space.  To accommodate its move into large format from 41-inch to 57-inch presses, the firm also invested in several other areas. 

    When Everett decided to purchase a large-format press, it examined both KBA and another press manufacturer. Both firms, says Everett, boasted that their presses had the capabilities of printing directly onto micro-flute substrates. What tipped the order toward KBA was its solid five year partnership between the two firms plus its customer service and KBA’s dedication to innovation and problem solving. 

    “In 2012 I was looking for a press that could handle extra-heavy, rigid substrates as well as corrugated,” says Everett. “It led to purchasing our first, direct print-on-micro-flute KBA Rapida 106 press, which changed the way we served our customers and our markets. This ambitious new investment brought to fruition the ability to operate a one-of-a-kind, state-of-the-art litho printing press and enabled us to lead the way in the highly efficient production of 100% recyclable packaging solutions. Partnering with KBA on this one-of a kind press made a huge positive impact on our business.” 

    Today, Everett Graphics counts its food related business market as its fastest growing, it is approximately 73% of the firm’s business. Additional industries being served are health and beauty (12%) and pharmaceutical/medical (8%). The firm, ever ambitious, is seeking out new markets, such as produce, poultry, seafood, meats, and recreational cannabis. 

    Founded in 1980, Everett is a leading producer of innovative, folding-carton packaging solutions, designed and manufactured in Northern California. Everett produces environmentally friendly packaging in partnership with startups and Fortune 500 companies around the globe. From structural design to manufacturing, shipping, and logistics, Everett has the tools it takes to create award-winning customized packaging solutions.


    news-737 Tue, 29 Aug 2017 22:58:38 +0200 High Anticipation as Foremost Graphics Invests in First-Ever KBA Rapida 106 at New Packaging Facility https://us.koenig-bauer.com/news/details/article/high-anticipation-as-foremost-graphics-invests-in-first-ever-kba-rapida-106-at-new-packaging-facility/
  • KBA’s consistency and reputation put Foremost in the best position for success
  • Multi-million dollar investment in new equipment
  • Expansion into fast-growing packaging segment
  • Replacing two presses with one KBA running at 18,000 sph
  • There’s high anticipation for this upcoming fall season at Foremost Graphics in Michigan and it’s not due to college football. That’s when the 100-employee firm will move its fast-growing packaging division from an old multi-floor furniture factory to a newly remodeled state of the art 80,000 sq ft facility outside of Grand Rapids and install its first-ever KBA Rapida 106 41-inch sheetfed press. Along with the press, new ERP software and additional material handling equipment will provide improved workflows and shared resources with its existing corporate headquarters in the city of Walker, MI. 

    “We’re at an exciting crossroads in our packaging business. We’ve invested millions of dollars in new equipment, including the KBA press, as well as in a new facility,” says Paul Kelly, president of Foremost Graphics. “Our goal is to facilitate the strong expansion in the packaging segment of our business, where we see equal growth opportunities in market segments including health and beauty, automotive and food processing for our national client base.” 

    Originally formed as a commercial and flexographic printer, Foremost Graphics Group LLC entered the packaging sector two years ago when it acquired the print packaging business from Cedar Springs-based Display Pack Inc.  Since then, Foremost Graphics has developed its growth strategy around the folding-carton packaging industry, which encompasses paper-based packages used primarily for consumer items. 

    The Foremost Graphics team is eagerly anticipating its first-ever KBA Rapida 106 41-inch sheetfed press. From left to right: Mark Oosting - Partner - Packaging Sales Development; Tim Karel - Partner - VP Sales & Marketing; Paul Kelly - Partner - President/Managing Partner; and Brian VanderHooning - Partner - VP National Accounts.

    Since adding packaging to its broad portfolio of services, the firm has taken an aggressive stance to partner with folding carton buyers and differentiate itself from its competition. Foremost has had its pulse on the packaging industry seeing the proliferation of products on today’s market shelf as opposed to 10 years ago and the keen sense that marketers want their products to stand out, look different and unique. Foremost is offering its expertise to these marketing managers and brand owners who require flexibility, color fidelity, and smaller volume runs of multiple designs, as well as, longer runs of specialty packaging. 

    That’s where the new KBA Rapida 106 41-inch press comes into play as the key workhorse for Foremost. Kelly and his management team decided that the KBA Rapida 106, as opposed to other press manufacturer competitors, will double its capacity, allow for faster changeovers, expand its range of substrates, and improve efficiency throughout its workflow. 

    “This new KBA press answers the demands that our customers are requesting,” says Kelly. “We’re currently running paperboard and PVC plastic but we see expanded caliper and plastics with our new KBA press. We really like the feeder system of the KBA, which should allow us to consistently run at higher speeds. We also think the plastics package will provide a competitive advantage and we expect the camera system to assist with our quality initiatives. Our new KBA Rapida 106 is state of the art technology when running heavier substrates and plastics and will be used primarily for packaging products. This single press should allow us to produce all our current business with the highest quality and best throughput while providing additional capacity for growth. We are pretty conservative in our projections but we anticipate at least 50% more throughput on the KBA than on our two current presses.” 

    The impetus to add the new KBA press came from communication with Foremost’s customers who are seeking efficiency and speed-to-market. Foremost’s full service offering - from engineering and structural design through production and inventory management – allows the firm to reduce time and cost in bringing its customers’ products to market. Foremost prides itself on total solutions for its customers and its ability to respond quickly to their needs. 

    “One of the many things that makes our company special is that we’ve created a lot of successful solutions for customers, both in the commercial and the packaging space,” Kelly said. “Because we’re relatively small, we’re able to work with our customers to create unique solutions and do it relatively quickly, whereas sometimes a bigger boat is harder to turn. We can be pretty nimble in that space and has been very successful for us over the years.” 

    The management team at Foremost sees a bright future ahead. “If we were looking into a crystal ball, we see continued investment to diversify our product and service offerings in both packaging and commercial print markets,” says Kelly. “Our five-year goal has a 100% sales increase coming from organic and acquisition growth strategies. Our goal is to continue to streamline our workflows to become as efficient and cost-effective as possible so we can pass these savings along to our customers. Continuous change is expected and we have proven that we can adapt to a changing business environment. Market diversification and cross training of our employees will be increasingly important as we attempt to serve our customers. Lead-times and run-lengths will continue to shrink as our customers adjust to serving more markets more quickly.” 

    Foremost Graphics is an independent printing, packaging and marketing communications supplier based in Grand Rapids, Michigan. The company was formed in 2002 as a merger of two local companies—Printing Arts Co., established in the 1930s, and Foremost Graphics, founded in 1967. With deep roots in West Michigan, the firm puts its innovation, service and quality to work for customers in the Great Lakes region and beyond.




    news-722 Wed, 09 Aug 2017 07:33:00 +0200 Koenig & Bauer growing in the service business and in the packaging and digital printing markets https://us.koenig-bauer.com/news/details/article/koenig-bauer-waechst-im-service-und-in-den-verpackungs-und-digitaldruckmaerkten/
  • Good order intake of €602m
  • Revenue of €539m down slightly on the previous year due to more deliveries in H2
  • High order backlog of €621m
  • EBIT of €16.3m
  • Favourable customer response to new and enhanced solutions
  • Guidance for 2017 confirmed: revenue of up to €1.25bn and an EBIT margin of around 6%   
  • After a good start to the year in which Koenig & Bauer celebrates its 200th anniversary, the group is able to report favourable business performance in the second quarter of 2017. “The successful trade shows Print China in Beijing, interpack in Düsseldorf and METPACK in Essen contributed to a substantial year-on-year increase in order intake in packaging solutions for cardboard, metal decorating, marking and coding and glass and hollow container printing. Despite this growth and the expansion of service business, the order intake of €601.9m was slightly down on the previous year’s figure of €618.8m, which had been spurred by major security press orders,” explained CEO Claus Bolza-Schünemann. With group revenue dropping slightly to €538.9m compared with the previous year due to more deliveries in H2, the order backlog remained high at €620.5m.  

    EBIT came to €16.3m. “The previous year’s figure of €20.7m had been influenced by a strong catch-up effect in Q2 (€4.9m) from the execution of a large security press project and higher revenue,” said CFO Dr Mathias Dähn. The group net profit of €15.2m (2016: €17.2m) is equivalent to proportionate earnings per share of €0.93 (2016: €1.05).  

    “In addition to the continued expansion of service business, profitable growth will be particularly driven by our existing and new solutions for printing, finishing and postpress processing of packaging as well as our industrial digital printing applications,” explained Dr Mathias Dähn. Claus Bolza-Schünemann mentioned the strong customer interest in the newly developed CS MetalCan solution for printing two-piece beverage cans. Sales launch is to commence in 2018 following the completion of intensive field testing.  

    Autonomous printing – made by Koenig & Bauer: KBA-Sheetfed is setting new benchmarks in sheetfed printing with AutoRun and the Rapida LiveApp (1)

    Group earnings boosted by the substantial increase in Sheetfed profit

    Order intake in the Sheetfed segment grew by 12.2% to €326.3m thanks to increased service business and more orders for medium-format presses. The flatbed die-cutters for postprint processing of cardboard and corrugated also made a gratifying contribution to growth. Revenue rose by 5.5% from €291.7m in the previous year to €307.8m. The additional revenue with better margins and lower costs resulted in a substantial increase in segment profit to €12.1m (2016: €8.6m).  

    Solid order intake of €85.7m was achieved in the Digital & Web segment. With revenue declining to €68.3m (2016: €75.5m), the order backlog rose from €92.3m to €93.6m. The EBIT of –€ 2.8m (2016: –€2.7m) came under pressure from KBA-Flexotecnica, which contributed a figure of –€3.1m. Optimisation efforts at the Italian subsidiary target to speed up the growth course in the future market of flexible packaging. Without the flexo activities, Digital & Web posted a clear improvement in earnings.  

    Despite the growth in orders for packaging printing solutions, new business in the Special segment dropped to €216.3m, down from €269.5m in the previous year, in which major security press contracts had been received. At €189.2m, segment revenue fell short of the previous year (€222.9m) due to more deliveries in H2. EBIT came to €14.6m, translating into a gratifying margin of 7.7%. The previous year’s figure of €22.1m had been influenced by a high catch-up effect of €4.9m from a large security press project.  

    The innovative CS MetalCan metal decorating press is revolutionising the printing of 2-piece beverage cans with unrivalled makeready times and ten inking units (2)

    Increase in equity ratio to 32.6%

    Despite the higher customer prepayments, cash flows from operating activities came to –€20m compared with the previous year’s figure of –€10.6m. In addition to higher inventories for the planned revenue growth in the second half of the year this was due to the increased receivables resulting from an accumulation of deliveries shortly before the end of the first half. Aside from higher capital spending, the free cash flow of –€65.5m was burdened by the first payment instalments of €32.4m for the external funding of a part of the pension provisions. With its funds of €127.5m, securities of €14.7m that can be liquidated at any time as well as the high cash and guarantee facilities, Koenig & Bauer has a stable funding base. The equity ratio rose relative to the slightly increased balance sheet total to 32.6% (end of 2016: 31.1%).  

    The group workforce increased by 158 over the previous year to 5,359 employees as of 30 June. In addition to targeted recruiting in the service business and for new applications for the packaging and digital printing markets, 71 employees joined the group through the acquisition of KBA-Iberica Die Cutters for the growing die-cutter market.  

    Guidance for 2017 confirmed

    The order backlog of €620.5m at the end of the first half, expanding service business, steady demand in the packaging markets and promising customer projects in security and digital printing, the management board expects revenue growth to accelerate with a positive effect on earnings in the further course of the year. In the absence of any material deterioration in global economic and political conditions impacting its international business, group management expects to achieve organic growth of up to €1.25bn in group revenue and an EBIT margin of around 6% in 2017.

    news-713 Wed, 12 Jul 2017 08:34:00 +0200 Bolger Vision Beyond Print Adds Innovative Rapida 105 UV Press https://us.koenig-bauer.com/news/details/article/bolger-vision-beyond-print-adds-innovative-rapida-105-uv-press/
  • One new KBA Rapida 105 replaces two-and-a-half presses
  • Becomes key workhorse
  • Adds more UV capabilities
  • The Twin Cities of Minneapolis/St. Paul have long held a rich tradition of being the home to many well-known names in the printing industry. But among the leading printers in this crowded market space, one has decided to set seismic goals amid the competitive field in an effort to reap benefits for both its prized customers and its own 200 employee internal team. Bolger Vision Beyond Print, a commercial printer and customized technology solutions company led by CEO dik Bolger, has long needed a sister press to accompany its KBA Rapida 105 10-color long perfector press to provide its sales force with additional capacity for its growing sales volume. Later this summer, the pressroom will be accommodating that need with the installation of a new KBA Rapida 105 six-color press with UV and full automation.

    “The new KBA Rapida 105 six-color press will become our key workhorse,” says Bolger. “Our clients love our existing KBA 10-color perfector but we’re selling out of hours on the press. Not only will the new press give us extra capacity but it will also help us expand our luxury and education markets, as well as custom packaging. Now that we’re moving into our busy season in late summer, we’re depending on the new Rapida 105 six-color with all of its automation to cut our makeready times in half and double our run speed, which will have a multi-million dollar impact to our top line sales.” 

    Bolger CEO dik Bolger is all smiles in front of his new KBA Rapida 105 six-color press with UV and full automation.

    Bolger has been deftly overseeing the firm’s diverse portfolio, purchasing new growth business, adopting new workflow techniques, and continuing to be a pioneer for the environment. Of the many markets it serves, Bolger drilled down on its health care clients, which make up 30% of its business, and the demand by its luxury market for a high level of service and quality.

    “Our goal is to go above and beyond our clients’ expectations and provide them with the highest level of service and quality,” says Bolger. “For example, our healthcare market continues to grow and our clients expect a high level of security. To that end, we have numerous audits during the year to inspect our security systems. Like our health care customers, our luxury market clients have very high quality expectations. Our combination of services---litho, digital, large format, assembly, and mailing---are perfectly in tune to produce the highest level of luxury products for our clients.”

    Bolger says that his press operators are clearly anticipating the arrival of the new KBA press with its comprehensive kit of fully automated technology. In an effort to maximize sheet drying and boost throughput, Bolger had the new Rapida 105 equipped with the popular KBA VariDry system assuring drying at maximum press speeds. The firm included the KBA CleanTronic system, which allows its UV interdeck dryers to remain in standby mode during blanket washing and helps regain valuable production time. To add extra automated systems to advance its quality and color management control, Bolger added the KBA ErgoTronic ColorDrive automatic color measuring system and automatic camera register ACR measuring system onto the new Rapida 105. Bolger also selected to add UV to boost this capability for its clients, especially for its uncoated paper work. Unlike its competitors, Bolger employs inhouse application developers whose sole purpose is to make it easier for Bolger pressman to complete some of the industry’s most complex specialty coating jobs as recognized by the numerous Printing Industry of Minnesota awards recently received. The firm will now have two presses with UV capabilities. 

    Adding the new press is one piece of Bolger’s successful puzzle. But the firm can also include its recent acquisitions and its environmental friendly posture to its continued momentum. The acquisition of Western Graphics in 2016 bolstered Bolger’s reputation and culture even further. The St. Paul, Minnesota-based provider of commercial and digital print, wide-format graphics, variable data management, and literature and inventory fulfillment services had a lean manufacturing philosophy that Bolger admired and adopted. This process of instituting a cost-effective streamlined mindset allowed Bolger to begin competing with smaller shops. “We’ve gained more clients in the manufacturing segment preparing instruction manuals and booklets all with a significant reduction of operator touches in prepress and press,” says Bolger. “We believe the automation on our new upcoming Rapida 105 will continue to provide us with the most cost-efficient sheetfed printing process.”

    Earlier this year, Bolger continued its environmental friendly goal by being named a certified printing facility by the Sustainable Green Printing Partnership (SGP), the leading authority in sustainable printing certifications. “We are proud to be SGP certified,” says Bolger. “It has and will change the way we produce our work. We’ve also learned that having our environmental sustainability certification makes an impact on potential clients. We’ve asked them after we’ve made our request for proposal (RFP), why did you choose Bolger? Their answer is our passion for our work and our environmental stance. It’s a winning combination for everyone involved.”

    “We just completed our ten year plan for the company,” says Bolger. “We want to continue to be a sustainable, independent leader posting $100 million in sales. The new KBA Rapida 105 press will be a key player in reaching that milestone. There’s lots of excitement among our customers and our employees relating to the installation of the new press. It’s a clear message that we’re investing in the future of our customers as well as our own business.”

    Steve Korn, KBA’s Director of National and Key Accounts, adds, “This new KBA Rapida 105 press investment made by Bolger Vision Beyond Print signals that one of the top printers in the Twin Cities has elected to again invest with KBA to provide access to higher technology for its existing and increasing roster of clients. We at KBA are truly honored to be part of Bolger Vision Beyond Print’s strategic investment plan. This capital investment initiative will propel manufacturing efficiencies and the resulting impact will be an important increase in both top line volume and bottom line profitability.”

    He continues, “We at KBA appreciate the strong partnership that we have enjoyed Bolger Vision Beyond Print. We applaud dik Bolger and his entire team on what they’ve achieved, their extraordinary growth in sales both organically as well as by acquisitions.  We are positive that this new KBA Rapida 105 press will cost-effectively drive more volume through Bolger Vision Beyond Print’s manufacturing platform, provide continuing growth, and continue Bolger Vision Beyond Print’s high quality and on-time service for many years to come.”

    For over 80 years, Bolger Vision Beyond Print, a family-owned business has been delivering results for its Minneapolis-St. Paul clients, as well as national customers. Bolger was a pioneer in integrating customized communication services into a seamless, integrated process and continues to work closely with customers to provide imaginative solutions for their communication needs, using the latest technology available in print. Bolger has implemented sophisticated tools to protect sensitive data for particularly the healthcare and financial industries, leading the industry in creating a secure environment and establishing secure practices for managing sensitive customer data.



    news-703 Tue, 27 Jun 2017 23:10:29 +0200 Rapida 145 Press With UV Launches J.W. Moore Printing Into New Era https://us.koenig-bauer.com/news/details/article/rapida-145-press-with-uv-launches-jw-moore-printing-into-new-era/
  • Will become workhorse press producing 50% of its packaging
  • Improving efficiency and turnaround for its loyal customers
  • Sees growth in plastics and synthetic printing
  • Like many Sun Belt cities, Memphis has spread beyond its core downtown to promote outward expansion and increase its population growth. In similar fashion to this birthplace of rock and roll, J.W. Moore Printing has continued to spread beyond its core services to increase its solid growth. What was established as a reputable customer-centric commercial printing business has blossomed in the past two decades to serve the burgeoning packaging industry. Now the third-generation family firm is poised to pivot again, this time to increase its footprint into a new growing realm of plastics and synthetic printing. 

    Adapting to a new landscape in the commercial and packaging printing industry, J.W. Moore is eagerly looking ahead to the installation of a new KBA Rapida 145 six-color sheetfed press plus coater at its facility located in south Memphis near the international airport in an industrial park. Not far away, crowds gather to visit Elvis Presley’s Graceland, but J.W. Moore continues to draw hard working, dedicated craftsmen to produce expert packaging for the corrugated and medical markets. 

    Left to right: The management team at J.W. Moore: Matt Moore, Gary Moore, and Michael Moore, eagerly await their new KBA Rapida 145 six-color sheetfed press plus coater. 

    “Our client base consists of local, national and international companies, many of whom have been with us since our beginning,” says Matt Moore, J.W. Moore’s president. “90% of our clients are packaging related; the other 10% is a mix of commercial, specialty, and fulfillment. We’re proud of our heritage and our future. J. W. Moore is a third generation family owned business opened by Jack Moore in 1958.  With 59 years of experience, we have what it takes to handle our client’s specific printing needs.  We constantly monitor the multiple complexities inherent in every print job so that, from their perspective, the process is as simple as possible. Not only do we have one of the largest presses in the Mid-South, but we also utilize several presses of varying sizes and capabilities to fit the job.”

    But the upcoming installation of the new KBA Rapida 145 will provide the firm with great opportunity, especially as it grows into the plastic/synthetic markets. While other printers have stumbled, J.W. Moore has continued to grow, necessitating more equipment to deliver additional capacity. Moore’s management team wants its customers to know that it is investing in the latest innovative technology that will transform its pressroom. For faster drying and output, the KBA VariDry UV system will give the firm new capabilities while the patented KBA Sensoric Infeed System (SIS) will provide precise positioning of the sheet at maximum press speed without operator intervention.  

    New to its workflow is the KBA QualiTronic ColorControl, which will be complemented by the KBA ErgoTronic ColorControl; both will provide the ability to control and monitor color on every single sheet the press produces while improving efficiency and reducing makeready. Featured on the new press is the KBA LogoTronic Professional, which will have the ability to capture press performance for analysis and connect to the firm’s existing KBA Rapida 162a press while providing detailed reports on every activity taking place on the press. Being able to share data between the two KBA presses lends continuity to the pressroom. Once installed, the new KBA Rapida 145 will be the firm’s workhorse, producing over 50% of its deliverables. 

    J.W. Moore owes much of its success to its willingness to be a hands-on ownership group that gets very involved in day-to-day operations and is accessible to its customers.  

    “Our customers really appreciate our availability because they know they can contact us directly at any time,” says Moore. “As an ownership group, we aren’t afraid to get our hands dirty. Plus our employees care deeply about the jobs they produce. We’ve got a talented mix on our pressroom floor---long tenured employees along with new graduates from our trainee programs. We’re all working together to be fast, focused, and flexible.” 

    J.W. Moore is a full service communications and printing company that has been in operation since 1958.  Over the years, it has grown to be one of the largest, most reputable commercial offset printers in the Mid-South. Its client base consists of local, national, and international companies; many have been with the firm since it began more then five decades ago. Not only does J.W. Moore operate one of the largest presses in the Mid-South, but it also utilizes several presses of varying sizes and capabilities to fit the job. This gives the firm the unique ability to produce every component of a customer’s job at the same time.


    news-680 Thu, 01 Jun 2017 00:04:10 +0200 New Rapida 106 LED UV Press Ushers In Double Productivity at Cedar Graphics https://us.koenig-bauer.com/news/details/article/new-rapida-106-led-uv-press-ushers-in-double-productivity-at-cedar-graphics/
  • First LED-UV press installed at Cedar Graphics
  • KBA press will deliver double productivity
  • New eight color Rapida 106 provides perfecting and high speeds of up to 18,000 sph
  • Strengthens its environmental status
  • Cedar Graphics has built a stellar reputation for delivering high quality work and complicated projects, always pushing the envelope in terms of quality and creativity, and finding solutions for its nationwide customers that demand a variety of eye-grabbing coatings and special effects. To continue this mandate, the Iowa-based commercial and packaging printer is adding another dimension to its pressroom: a new fully-automated eight-color KBA Rapida 106 straight and perfecting LED-UV press—it’s first with this configuration delivering a speedy 18,000 sph and strengthening its environmentally friendly status. 

    “The driving force in our decision to purchase the KBA Rapida 106 press was its productivity and its LED-UV capabilities,” says Hassan Igram, CEO of Cedar Graphics. “We’re anticipating a plethora of benefits for our company and our customers after installation including two times more productivity, improving and streamlining our workflow, delivering the highest quality day after day, servicing our existing diverse group of customers from colleges and universities to DVD packagers to defense contractors with new specialty work, and supporting our own business growth.” 

    Left to right: The team at Cedar Graphics: Justin McDonald, Marketing Solutions Manager; Hassan Igram, Owner and CEO; Scott Burnett, Production Manager; and Humza Igram, President.

    With its glittering Gold Ink awards lining its hallways indicative of its well-deserved name recognition, Cedar Graphics has earned the nickname “first impression printer” for imprinting a superior mental image of the innovative and creative work that it produces. It’s a world class, full-service printing and communications giant boasting a global clientele that includes Fortune 500 companies, publishers, ad agencies, storefronts, and entrepreneurs. The job mix at Cedar skews 65% offset and 30% digital with its newest offering, the wide format production of posters and signage, at 5%. The coherent thread that runs through all of Cedar’s customers is its demand for color consistency. The new KBA Rapida press will anchor the pressroom at Cedar Graphics. 

    “We felt that KBA offered us unique print features that no one else can offer, such as KBA SIS (Sensoric Infeed System) making super-fast press speeds possible, KBA Plate Ident recognizes and registers plates and automatically presets job information preventing errors while saving time and money,” says Humza Igram, president of Cedar Graphics, “as well as the strong investment and support that KBA has put forth in its LED-UV technology. We are on the forefront of UV curing technology and we anticipate that LED-UV will become the next big trend, so we want to stay ahead of our competition.” 

    KBA believes that Cedar Graphics will realize faster lead times with LED-UV technology, increased use of plastic substrates, more finishing options, and less wear-and-tear on equipment, as well as ecological aspects such as high energy savings, lower ozone and CO2 emissions when drying, and elimination of spray powders---all extremely important to this large printing company. 

    Pushing the envelope 

    “We are known for printing amazing products for innovative brands and creatives, as a result our customers are always looking for new substrates and pushing the envelope with eye-catching or tactile coatings and varnish combinations like soft touch, UV grit, or strike-throughs” says Justin McDonald, marketing solutions manager at Cedar Graphics. “We love partnering with these customers to experiment with these specialty substrates and unique coatings. Our new KBA press will give us the flexibility to easily move LED-UV lamps on press depending on these printing demands.  This will help us to utilize all stock types including not only all common paper and board stocks, but also non porous synthetic papers, foil laminated sheets and plastics. Having the ability to achieve faster makeready and less waste will reduce customer costs for these premium substrates and print effects.” 

    When the management team at Cedar Graphics headed by Scott Burnett, Cedar’s production manager, evaluated the KBA Rapida versus other manufacturers, what impressed them the most were a number of highly-automated features such as simultaneous makeready, inline color measuring, fully-automatic format setting and change-over between straight printing and perfecting, a video system for monitoring the sheet travel underneath the perfecting drum and in the swanneck of the delivery, and the strong backing of its Service Select technicians to monitor the performance of the press and its maintenance. What made headlines for them, however, was the KBA SIS, a popular ground breaking side lay free system developed by KBA to reduce make ready times, increase productivity and provide consistent register at high printing speeds. 

    As spring turns to summer in the Hawkeye State, Cedar Graphics, one of the largest printing companies in the U.S. and among the largest sheetfed printers in the Midwest, awaits the delivery of its KBA Rapida press later this year. This family-owned business, which prides itself on being voted numerous times as best commercial printer and providing a robust printing platform with enhanced access to a multitude of marketing solutions, will switch out its older KBA 10-color perfector press for its new KBA Rapida 106 at its 98,000 sq ft facility in Hiawatha.   

    Cedar Graphics is a family owned commercial printer located just north of Cedar Rapids in Hiawatha, Iowa specializing in UV offset, digital, and wide format printing. Since 1986, their unique combination of passionate print people, industry leading equipment, and a single source approach has propelled them into an industry leader and printer of choice for innovative brands, creative agencies, and Fortune 500 companies. To learn more about Cedar Graphics capabilities or to access their collection to printing tips and tutorials visit www.cedargraphicsinc.com.