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Hubei Dinglong hires General Manager for Americas

December 22, 2014

Paul Rossi

Paul Rossi

Paul Rossi will focus on the American markets for the toner manufacturer.

Rossi follows Ian Copsey in joining the toner manufacturer, with Copsey joining as General Manager for Europe in June 2014, with Rossi, appointed as General Manager for the Americas, said by Hubei to be an “industry veteran”.

James Chen, Vice General Manager of Hubei Dinglong, commented: “We are very excited to expand our chemical colour toner programme in the Americas Market. With the leadership of Paul Rossi we hope to be able to provide support to our growing customer base in the Americas markets. Paul joins us with many years of both OEM and aftermarket experience, having worked for Static Control and Canon USA and consulted for various toner manufacturers.

“He has 37 years of experience in both a technical and commercial capacity in the imaging industry. We will use Paul’s knowledge and skills to directly support customers and assist them with their growth in colour products.”

Rossi added: “Having spent my entire career in the copier/printer arena, I understand the challenges that face customers. Colour laser is both a rewarding and technically-challenging product line: through my prior experience, I am confident I can guide and assist remanufacturers in the Americas to take advantage of this growing opportunity.

“I am truly excited to bring my wealth of knowledge to this industry leader in chemical colour toner – this has to be a win-win for customers and Hubei Dinglong.”

Rossi can be contacted on +1-919-280-3209 or by email at [email protected].

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HP shareholder settlement rejected again

December 22, 2014

The OEM failed to win approval at court for its settlement with shareholders regarding the acquisition of Autonomy.autonomy-logo

SFGate reported on how the OEM has “failed again” to win court approval for a settlement with its shareholders concerning the acquisition of UK software company Autonomy. The OEM’s writedown of Autonomy’s worth in November 2012 came one year after it purchased the company, claiming that “accounting fraud and inflated financials” from Autonomy officials, including CEO Mike Lynch, were to blame, and HP’s shareholders had sued the company for mismanagement, though a settlement was announced in June this year.

US District Judge Charles Breyer’s assessment of HP and its shareholders’ deal to settle stated in September that the settlement “release[s] Hewlett-Packard executives from liability” over its “botched acquisition” of Autonomy a few years ago.

However, the hearing on 26 September in San Francisco’s Federal Court saw Breyer “sharply question” the details of the settlement agreement, which at this time appears to “release” executives at HP “from liability” over the acquisition of Autonomy. Breyer asked in court “whether HP officials, including Chief Executive Meg Whitman, were getting too broad of a pass from potential shareholder claims related to their leadership”.

He added that the release “appears to be staggering in its breadth”, and had “not yet decided” whether to reject the deal or not, noting that “the question I have to determine is whether [it’s] fair” that the settlement “could absolve HP executives from shareholder liability on subjects beyond the Autonomy deal”.

Breyer has now said that the agreement “would provide little for investors while protecting executives from blame”, noting that he was concerned that the agreement “was too weighted on the side of shielding company executives” as well as potentially “depriv[ing] investors of their right to sue management over matters unrelated to the write-down”, with part of the settlement releasing executives from a “staggering” scope of potential lawsuits.

Breyer stated that “the shareholders appear to be relinquishing a whole universe of potential claims regarding HP governance and practices with no factual predicates that overlap the Autonomy acquisition — the subject of this litigation”, criticising the OEM and shareholder lawyers for “abdication of their responsibility”.

Erik Gordon, Law Professor at the University of Michigan’s Ross School of Business, also commented: “When a judge takes you to the woodshed to explain that he or she finds your conduct unacceptable, you are well-advised to listen. HP management’s attempts to protect themselves against their stockholders who were hurt by their handling of the Autonomy deal do as much to make management look bad as the deal, itself, did.”

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Mito hires European General Manager

December 22, 2014

Richard Betts has been hired by the remanufacturer to focus on the European market.

Richard Betts with Mary OuYang, CEO of Mito

Richard Betts with Mary OuYang, CEO of Mito

Betts has over 30 years of “commercial experience” in the office products sector and aftermarket, and will be based in the UK in the role, in which he will “assume responsibility for the management and development of new business in Europe”.

He stated of his appointment: “I am delighted to be joining Mito Ltd. as they continue to grow and make significant investments, including the recent move to new 450,000-square-feet larger premises. Mito provides consistent quality and high performance products supported with strong R&D.

“Mito’s products are environmentally friendly and conform to internationally required well –known QMSs. Furthermore, Mito is committed to integrity, innovation, quality and value which place Mito at the forefront to face the fierce and competitive market.”

Mary OuYang, CEO of Mito, commented: “We are delighted to have Richard join Mito. He brings a wealth of European customer knowledge and practical industry experience.”

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Creative Imaging Technology relocates to new offices and warehouse

December 19, 2014

The supplier has relocated to Koudam in the Netherlands.

CIT staff at the new facility

CIT staff at the new facility

Creative Imaging Technology (CIT) moved to a new office and warehouse premises in Koudam, which is located in the “Tjalke van der Walstraat” commercial area, and the move brings together two separate offices and warehouse into a purpose-built, energy-neutral unit. The 400-square-metre premises have space for 500 pallets, and hold CIT’s stock of specialist niche products and an extensive range of cartridge chip solutions. Container orders will continue to be held in Rotterdam and shipped direct to customers’ premises as they clear import formalities.

Thijs Tuinstra, CEO of CIT, stated: “Our business has been growing, and operating with separate offices and warehouse presented us with some real challenges, so we have invested €65,000 ($79,922) to bring our operations under one roof and maintain and grow the high level of our services in future.

“We have hired two new staff to help with order processing and logistics, [and installed] a new ERP system as well as new VOIP system to give us more flexibility when working away from the office. These new premises meet our increased requirements for a good infrastructure, attractive rooms and professional logistics in every respect. At the same time it provides all of the conditions for further growth.

“The building, part of a small complex of commercial units, is energy-neutral, taking its electricity from a network of solar panels on the roof and feeding surplus energy into the national electricity grid. Additional energy is required for heating in the winter, but over one year we will produce more electricity than we consume. It is important that as a supplier to the remanufacturing and copier industry we have a strong environmental commitment, and from January 2015 all of our imports and exports will be CO2 neutral.”

The company will also be closed over the Christmas period until 5 January, when it will reopen.

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Car dealer wins Cartridge World ‘Golden Ticket’

December 19, 2014

Chris Trickett, Managing Director at J A Taylors, with the Brother business inkjets

Chris Trickett, Managing Director at J A Taylors, with the Brother business inkjets

J A Taylors in Rawtenstall, England won the latest award from the East Lancashire franchise.

Car sales and service centre J A Taylors has become the latest Cartridge World East Lancashire customer to win its ‘Golden Ticket’ prize, choosing two Brother business inkjet machines as its reward. The franchise recently revealed  two separate winners of the ‘Golden Ticket’ prize, which rewards business customers by entering raffle tickets into the draw based on how many orders a customer places – a system based on that seen in Roald Dahl’s Charlie and the Chocolate Factory.

The centre has been operating under the Ford brand and serving customers in the Rossendale Valley for over 50 years, and Managing Director Chris Trickett commented: “I can’t believe we have won, and we are over the moon. We have dealt with Cartridge World pretty much from when they first opened, nearly 12 years ago, so I suppose you could class us as worthy winners, in a funny kind of way.

“Seriously though, I recently found out that our current HP printers were costing us a fortune in cartridges. So, after discussing our options with Gary at Cartridge World and trailing the Brother printers, we were going to switch over completely, but the ‘Golden Ticket’ win has enabled us to do it so much quicker, and making the switch will cut our printing spend by at least 50 percent.”

The franchise’s Gary Barlow added: “As long-standing customers, J A Taylors deserve this success, and I’m really pleased the ‘Golden Ticket’ win has enabled them to cut their printing bill in half.”

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Pelikan shareholders approve reorganisation

December 19, 2014

The company’s plans to merge subsidiaries and assets into German unit Herlitz AG have been signed off.

Pelikan CEO Loo Hooi Keat

Pelikan CEO Loo Hooi Keat

The Sun Daily reported on the approval of the plans first announced in July and elaborated on in November, with German unit Herlitz AG absorbing other subsidiaries and assets for €231.2 million ($283.9 million) and Pelikan receiving in return 231.2 million new shares in Herlitz.

The value is representative of a discount of €18 million ($22 million) or 7.2 percent on PriceWaterhouseCoopers’ valuation of €249.2 million ($310.5 million), with assets involved including Pelikan’s stationery business subsidiaries in Germany, Switzerland, Belgium, Italy, Japan, the Middle East, Mexico, Colombia and Argentina, as well as its logistics property.

The assets cumulatively generated a turnover of RM 1.016 billion ($292.1 million/€237.8 million), representing 70.5 percent of the group’s turnover for the 2013 financial year, and the plan also includes a proposed issue of 32.9 million new shares in Herlitz at €1 ($0.81) and a sale of 60 million Herlitz shares at a minimum of €1 each. It will also aim to reduce Pelikan International’s cash per share to RM1 ($0.28/€0.23) from 22 sen ($0.06/€0.05).

Loo Hooi Keat, Pelikan’s President and CEO, added after the announcement that “the group is expected to raise RM390 million ($116 million/€93 million) and realise an estimated gain of RM130 million upon the completion of the proposed scheme”.

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Canon Virginia may host global R&D centre

December 19, 2014

US state’s Governor “optimistic” about the OEM moving its global centre to Newport News.

Canon Virginia's site in Newport News (Credit: Jonathon Gruenke/Daily Press)

Canon Virginia’s site in Newport News (Credit: Jonathon Gruenke/Daily Press)

Daily Press reported on Virginia’s Governor Terry McAuliffe’s report that Canon will move its global research and development centre to its Canon Virginia subsidiary’s base in Newport News, with McAuliffe adding that he is “very optimistic” that the move will go ahead.

The site re-established toner cartridge production in June 2013, and McAuliffe met with Canon officials in Japan in October to discuss plans for the site’s future. 2,000 staff work at the facility and another site in the area, with a 700,000-square-foot cartridge manufacturing building opened in 2009.

McAuliffe commented: “I’m hoping in the next couple months we’re going to have some exciting news. We’re still working on it, we’re pushing it, we’re in constant communication, but I am very optimistic and hopeful that we will have some more exciting news and I’ll be back to Newport News in the not too distant future.”

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MSE celebrates 20 years in business

December 18, 2014

The remanufacturer is celebrating its 20th anniversary in the cartridge remanufacturing industry.MSELogo

The company reflected on its “humble beginning as a family-owned start-up” and its transition into “one of the largest remanufacturers in the world”, adding that it has had a “long and impressive journey” over the past 20 years while “pioneering many of the technologies that have given growth to the aftermarket, while “certain principles” have become mantras for Yoel and Avi Wazana, President and Founder and CEO of MSE respectively.

Yoel Wazana commented: “Avi and I are proud of the lives we have changed, the thousands of jobs we have created here in the USA and abroad, and the many relationships we have created that transcend business. From day one we committed to quality, innovation, and fostering an environment where our staff, and our customers can grow and offer products that they can truly believe in.

“20 years in, we still hold these founding principles to guide us and because of the relationships we have created we have the resources to continue our commitment to our collective futures.”

Avi Wazana added: “We created the MSE brand all those years ago to align our interests with that of our customers, creating a linkage that goes beyond dollars and cents. We will continue to invest in brand development and better tools to ensure bright futures for all in the MSE family for years to come.

“We offer our sincerest thanks for going on this journey with us – bumps and all.  The entire ride wouldn’t have been possible without our extended MSE partners. We recently joined forces with Clover Technologies, a leader in the industry. Together with the Clover group, our customers, and vendors, we believe we can win as one, sharing our matching cultures in the continued spirit of our original vision and core values.”

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Fuji Xerox opens new document facility in Singapore

December 18, 2014

The OEM’s new centre is a data and production facility for document management solutions and services.4.1.1

Enterprise Innovation reported on the opening of the Fuji Xerox Document Technology Centre in Singapore, noting that the 10,000-square-foot data centre and production facility “will support its delivery of document management solutions and services to local businesses”, streamline “document-related operations and will house end-to-end capabilities to drive multi-channel communications with advanced automated process[es]”.

The processes in question include “capturing and processing incoming documents and data from customers” as well as “disseminating customised content to customers” and “providing easy online access to both customers and service staff for quick information retrieval”. In turn, the facility will be able to “handle the printing and delivery of essential mail documents” such as “utility and telecommunications invoices as well as bank statements” to end-users.

Other functions consist of being able to “digitalise and automatically process corporate clients’ invoicing work”, delivering information “on behalf of businesses” to end-users “through multiple channels”, and compiling a database of “scanned paper documents, managing and storing them for businesses”.

The centre’s investment comes from Fuji Xerox Asia Pacific, and the OEM’s Document Management Solutions subsidiary has provided technology and skills provision, with closed-loop processing in-house allowing documents to be tracked, “ensuring tight security” through a database that “keeps tabs on every single document page”.

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US cartridge retailer relocates

December 17, 2014

cartridge express logoCartridge Express has moved in Wichita, Kansas in order to add services.

Kansas.com reported on Cartridge Express’ relocation in Wichita from 21st and Maize to 21st and Ridge, with the site noting that Owner Tom Ely “continues to play his own personal game of musical stores on the west side” of the city, having opened the business in 2004 on 21st and Tyler before moving to its previous location in 2006.

Ely stated that “we think it’s going to be a better fit for us” as the new site, while having the same size – 1,850 square foot – as the current store, “will be better configured” and allow the company to add more services for customers, including “colour copying, laminating and a new key-cutting station”, as a number of customers “shop with [them] and need the service”.

Ely said that the new store is “going to make us closer to the interstate and will be more centralised, with customers telling him that they’re “happier about the site”, with further plans for a site in the east-side of the city as soon as next autumn, with Ely stating that “I think it’s in the future. I really do”.

The move will take place after 28 February, with Ely taking ownership to “begin working on it in January”, adding that “I’ve got a six-week transition I can adjust to. I think it’ll make it a lot easier to do”.

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