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Acquisition-hungry Pegasus buys first Memjet-powered Fuji
Xerox machine
Xerox machine
2 May 2013 | Nick Bendel
Pegasus Print Group has invested in the first
Memjet-powered wide-format machine in Australia – and is also on the
acquisition trail.
Memjet-powered wide-format machine in Australia – and is also on the
acquisition trail.
The Sydney print group, which has a production hub in
Blacktown and a retail outlet in North Sydney, has generated significant savings
in turnaround times and energy use since installing the Fuji Xerox DocuWide
C842 in early April, said chief executive Wayne Finkelde.
Blacktown and a retail outlet in North Sydney, has generated significant savings
in turnaround times and energy use since installing the Fuji Xerox DocuWide
C842 in early April, said chief executive Wayne Finkelde.
Finkelde
told ProPrint that an ongoing weekly order of 10,500 posters that used
to take 25 hours to produce can now be done in 15 hours.
told ProPrint that an ongoing weekly order of 10,500 posters that used
to take 25 hours to produce can now be done in 15 hours.
He said the main reason the A1 printer ordered the C842
was to allow Pegasus to do A0 work, which it has traditionally outsourced.
Pegasus has started bringing back that work in-house, and expects a majority to
eventually return, said Finkelde.
was to allow Pegasus to do A0 work, which it has traditionally outsourced.
Pegasus has started bringing back that work in-house, and expects a majority to
eventually return, said Finkelde.
“The more you can keep work in-house, the more you’re
going to be in front… I’ve been chasing Fuji Xerox for one of these machines
for years,” he said.
going to be in front… I’ve been chasing Fuji Xerox for one of these machines
for years,” he said.
ProPrint attended the launch event for the
DocuWide C842, which was held yesterday at the Fuji Xerox Australia Epicentre
in Sydney.
DocuWide C842, which was held yesterday at the Fuji Xerox Australia Epicentre
in Sydney.
Fuji Xerox said the $156,000 machine is “the fastest
wide-format device currently available in the market”. It can reach speeds
of 320sqm per hour and has 1,067mm wide print capabilities.
wide-format device currently available in the market”. It can reach speeds
of 320sqm per hour and has 1,067mm wide print capabilities.
National business manager for wide-format Peter Collings
said it was ideal for runs between 50 and 1,000.
said it was ideal for runs between 50 and 1,000.
“The ease of use, rapid speed and variable data input
improves operational efficiency by reducing turnaround times and allows our
customers to focus on what matters in the business – to grow and prosper,”
said Collings.
improves operational efficiency by reducing turnaround times and allows our
customers to focus on what matters in the business – to grow and prosper,”
said Collings.
“The DocuWide C842 is designed to meet these demands,
enabling businesses to improve design drawings and marketing communications, as
well as handle timely outputs and a large range of large print job
requirements.”
enabling businesses to improve design drawings and marketing communications, as
well as handle timely outputs and a large range of large print job
requirements.”
Meanwhile, Finkelde told ProPrint that Pegasus
wanted to diversify by acquiring other businesses – although he added that
nothing specific was in the pipeline.
wanted to diversify by acquiring other businesses – although he added that
nothing specific was in the pipeline.
He said the 210-staff firm wanted to move up the value
chain into content creation and down into distribution so it could exercise greater
control over the life cycle of the products it produced.
chain into content creation and down into distribution so it could exercise greater
control over the life cycle of the products it produced.
Finkelde said Pegasus was looking to acquire digital
printers and packaging firms, and was also eyeing design, transport and
distribution companies.
printers and packaging firms, and was also eyeing design, transport and
distribution companies.
“We need to buy businesses that are going to improve
our business and revenue stream,” he said.
our business and revenue stream,” he said.
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