Page 3 - Walstead Group News Today

It’s the end of an era for publication gravure printing in the UK with news that the last remaining exponent – Prinovis in Liverpool – is to close.

Walstead Group has bought one of the giant 96pp web offset presses previously installed at Polestar Sheffield.

Radio Times publisher Immediate Media is closing one magazine and making more than 50 people redundant in the face of a “steep decline” in trading and a £9m increase in costs including paper and printing.

Business leaders have broadly welcomed the Government’s new Energy Bill Relief Scheme – with the caveat that some firms will need support for longer than six months and more details will be needed soon.

Walstead has switched up its senior management team as additional equipment is installed at its Bicester site following the group’s purchase of YM’s web offset assets.

A YORK printworks which closed suddenly earlier this year after its parent company went into administration has reopened under new ownership.

Barry Hibbert, one of the industry’s most powerful and polarising figures, has died aged 61.

YM Group has gone into administration, marking an ignominious end for a business that at one time had lofty ambitions to dominate the UK web offset market.

Walstead Group will restart the York Mailing site next month as it tests the waters over customer demand in the commercial web market.

Walstead Signs Long-Term Deal with Telegraph Media Group