Here at MLI we have used Heidelberg and HP digital equipment and expanded into online media many years ago. In today’s struggling economy; it’s important to try to make the best decisions you can. The news shocks us all every day and we all know that our economy is not moving the right direction.
A lot of companies including some of the folks in town have been using Manroland equipment and we hope given the recent events they do not have to go through too much pain to get parts for their presses because it can mean significant downtime and a sacrifice on quality.
Last week Reuters reported that major print machine maker Manroland filed for insolvency, its owners Allianz Capital Partners and MAN SE failed to find an investor before the world's No.3 printing machine maker ran out of money.
Competitor Heidelberger Druckmaschinen, jumped on the news as investors hoped they may be able to snap up market share. At this point there may be an alliance with their rivals, the article said.
Printing machine makers have been hit hard by a shift in demand to online media and a slump in corporate investments in new equipment as the economy stutters. It was quoted an expert saying "Overcapacity is and remains a feature of the sector. We do not see any shortage of capacity,"
It says Manroland was feeling the effects of the debt crisis particularly in southern Europe and it was planning a move to the packaging sector via acquisitions.
If you have any questions about MLI’s equipment and technologies please contact us for assistance.
Printing machine manufacturers are heavily affected by changes in the demand for online media and the decline in corporate investment in new equipment as the economy stutters.
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