Baldwin Secures First Newspaper UV Drying Order
Thursday, July 21, 2011
Press release from the issuing company
Shelton, Conn., – Baldwin Technology Company, Inc., a global leader in process automation technology for the print media industry, today announced that it has secured a $750K order to install UV dryers onto two newspaper presses in Australia. This is the Company's first order for its water-cooled, high-end QuadCure UV dryer into the newspaper segment and it is expected to lead to further opportunities as printers around the world add flexibility and quality improvement to their production capabilities.
The QuadCure product is based on Baldwin's advanced UV drying technology for sheetfed presses and is in the high-end segment of the market. The Company is also in the process of developing a new air-cooled UV drying system which will compete in the single-wide newspaper market with expected market release in the fall at the Graph Expo and IFRA Expo exhibitions in the U.S. and in Europe.
Peter Hultberg, Baldwin's Vice President-Global Sales and Marketing, stated "Our customer, Fairfax Media Limited, one of Australasia's leading media companies, ordered these UV dryers to be installed on existing press installations to significantly improve print quality and enable use of a wider range of paper qualities. Baldwin acquired this technology last year and has been successful in adapting it for new segments of the global print market."
President and CEO Mark Becker added "We have been very pleased in our order growth over recent quarters. These new UV and other Baldwin product developments enable Baldwin to plan for growth in new segments in the global print markets as well as expanding our technologies for applications outside of traditional print" Becker concluded.
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