Canon Inc. announced that its consolidated subsidiary Océ N.V., which was delisted from NYSE Euronext Amsterdam in February 2012, became a wholly owned Canon subsidiary on March 8, 2013, following the conclusion of formal statutory buyout proceedings under Dutch law ("squeeze out procedure"). Since joining forces, Canon and Océ have jointly developed new products and worked to strengthen their marketing and service capabilities. Now that Océ has become a wholly owned subsidiary, both companies will work to maximize synergies with the aim of creating the overall No. 1 presence in the printing industry.
Laser printer services and solution firm Metrofuser announced the opening of a printer/part core collection center in New Jersey.
The 2012 Outstanding Employees Award ceremony was held by Ninestar Group in Zhuhai, China. Over 80 people were awarded and five of them were ranked top employees.
Kodak has closed its previously-announced $848 million financing with members of the Steering Committee of the Second Lien Noteholders and other holders of Kodak’s Senior Secured Notes. "This is another important step toward our emergence as a profitable and sustainable Commercial Imaging company,” said Antonio M. Perez, chairman and Chief Executive Officer. “We are now working to finalize our Plan of Reorganization and complete the remaining work required for us to emerge as a stronger company, focused on ongoing innovation to meet our customers’ needs.” Under the financing agreement, Kodak is required to file its plan of reorganization with the court by April 30, 2013.
Static Control presented a seminar in Lodz, Poland, with 80 attendees from within the country’s cartridge remanufacturing industry.
Meijet, a U.S.-owned printer and ink manufacturer, announced its LX printer series to be showcased at ISA Show in Las Vegas.
Canon Inc. placed on Fortune Magazine's 2013 World's Most Admired Companies list. Moving up one spot in 2013 to fourth globally in the Computers category, Canon ranked in the top three for innovation, financial soundness and long-term investment. In addition, the company placed first among corporations based internationally. For 2013, companies were judged in nine different attributes of recognition including global competitiveness, use of corporate assets and people management.
Ricoh recently announced the establishment of Ricoh Korea Co. Ltd. as a 100 percent Ricoh-owned sales company in Seoul, Korea. Ricoh Korea will start its sales of production print business lines using its sales network. In the near future, Ricoh Korea will expand its business lines to office MFPs, printers, and solutions. Currently, the Korea branch of Ricoh Production Print Solutions Japan conducts production print business in Korea. Ricoh Korea will add cut sheet printers to its business lines, and, by adding resources, will be able to offer one-stop solutions to customers and conduct more efficient marketing and sales in Korea.
Micro Solutions Enterprises (MSE), a global leader in patented solutions for the remanufacture of Intelligently Re-Engineered printer cartridges, announces that it will be a Platinum sponsor, speaking and exhibiting at ITEX.
Digital Gateway Inc., a subsidiary of ECi Software Solutions, announced the integration between Barrister Global Services Network, Inc. and DGI’s e-automate software that is designed to help e-automate dealers transfer service call information to the Barrister network of field technicians.
Office Products Recycling Associates (OPRA), a leading broker of empty ink and toner cartridges, as well as other small electronics announced that it has launched a new state of the art website with enhanced features, functionality and content.
Faroudja Toner has released color toner in bags for the HP 9500. Ten-kilogram (22 pound) bags are sold for black, cyan, yellow and magenta. Bottles of the toner are also available.
The U.S. Supreme Court decided this week in the case of Kirtsaeng v. John Wiley & Sons that the doctrine of first sale, which allows for legally acquired copyrighted works to be resold by their owners, does apply to works made (and first sold) overseas. The Int'l ITC, which is one of the amici in this case, reported that the decision states, in part, " ... the practical problems described by petitioner and his amici are too serious, extensive, and likely to come about to be dismissed as insignificant -- particularly in light of the ever-growing importance of foreign trade to America."
MSE announced the purchase of a new facility in Pennsylvania to provide enhanced sales and distribution on the East Coast of the U.S. At more than 25,000 square feet, it more than doubles the space of the former building, as well as incorporating a custom picking system and lean distribution techniques that optimize delivery speed.