Schlagwort: press release

TimsonsCPI Ltd

TimsonsCPI Ltd

Timsons Engineering Ltd and CPI establish joint venture TimsonsCPI Ltd for the manufacture of Timsons presses

Kettering, September 22, 2021 We are pleased to announce the formation of a joint venture between Timsons Engineering Ltd and CPI UK.

The formation of "Timsons CPI Limited" solidifies our strategic alliance by bringing together decades of experience and expertise in producing some of the world's finest presses and printed books. Building on our long-standing close relationship, Timsons CPI will manufacture new web offset litho presses and related equipment for the global book production sector.

This new company will complement the existing businesses of Timsons Engineering Ltd and CPI Books and help secure their long-term prospects for the benefit of their respective customers.

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The new company's first project is to upgrade an existing T48 Royal single-unit press to a zero-make-ready press to increase CPI UK's Royal printing capacity and support the growth of the UK trade book market.

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CPI increases prices by 5% as of 01 July 2021

CPI increases prices by 5% as of 01 July 2021

Given the magnitude and speed of price increases for all raw materials and semi-finished products, and in order to continue to be able to procure these products on the market, CPI feels compelled to increase its prices effective July 1, 2021. CPI will of course respect the terms of the contracts in force. CPI's sales department will be contacting our customers in the coming days to implement this increase. CPI will, of course, continue to make every effort to potentially minimize the impact of these increases and meet delivery schedules.

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