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Home » Business Management – Finance/Financial

Felix Mueller on Why Heidelberg Is Exiting VLF Sheetfed Offset and Primefire Inkjet Press Markets

Felix Mueller, president of Heidelberg USA, explains why Heidelberg will no longer manufacture its very-large-format (VLF) sheetfed offset and Primefire 106 production inkjet presses, if Heidelberg’s recent announcement of global layoffs will impact U.S. customers, and how Heidelberg USA is responding to the COVID-19 crisis.

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Felix Mueller on Why Heidelberg Is Exiting VLF Sheetfed Offset and Primefire Inkjet Press Markets

Felix Mueller, president of Heidelberg USA, explains why Heidelberg will no longer manufacture its very-large-format (VLF) sheetfed offset and Primefire 106 production inkjet presses, if Heidelberg’s recent announcement of global layoffs will impact U.S. customers, and how Heidelberg USA is responding to the COVID-19 crisis.

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Heidelberg to Cease Production of VLF Offset Presses, Primefire; Will Cut Up to 2,000 Jobs

The management board of Heidelberger Druckmaschinen AG (Heidelberg) has adopted a wide-ranging plan to reduce its structural costs and improve profitability. The company plans to cease production on unprofitable businesses, reduce its global workforce by up to 2,000 jobs, and almost eliminate its debt burden.

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Heidelberg to Cease Production of VLF Offset Presses, Primefire; Will Cut Up to 2,000 Jobs

The management board of Heidelberger Druckmaschinen AG (Heidelberg) has adopted a wide-ranging plan to reduce its structural costs and improve profitability. The company plans to cease production on unprofitable businesses, reduce its global workforce by up to 2,000 jobs, and almost eliminate its debt burden.

Read More

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