Press release from the issuing company
Shelton, Conn. - Baldwin Technology Company, Inc., a leader in process automation technology for the global printing industry, announced today that it has received an order for the Express Newspapers Group, a large U.K. newspaper publisher, through the press manufacturer Koenig & Bauer AG (KBA) valued at over $2 million. The move by West Ferry Printers, a subsidiary of Express Newspapers Group, from the facility it has occupied for 24 years in the London Docklands to a new, not yet named site will go hand in hand with a huge investment in presses and auxiliary equipment over the next five years. The Baldwin scope of supply for this first phase of the project consists of a comprehensive process automation package including cleaning system technology, spray dampening and cooling systems. Installation of the Baldwin equipment on the four new compact high-performance KBA Commander CT press lines is planned to take place in various stages during 2011.
Peter Hultberg, Vice President -- Global Marketing, Sales & Service, of Baldwin, commented, "We are delighted that Express Newspapers Group and Koenig & Bauer AG decided to equip these new presses with process automation technology from Baldwin .It is yet another project for our Company in the segment of high-end newspaper printing where the Baldwin product technology fits well with the high demands of these presses capable of running both newspapers as well as semi-commercial grade products such as magazines."
Karl Puehringer, President and CEO of Baldwin added, "It is reassuring to have publishers and printers making investments in new technology which will enable them to meet the demands of productivity, automation, environment and low production costs as well as the high quality of newspapers in the future. It is a very positive signal regarding the future of print media."
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