The 2006 figure
was US$1.14bn, which represented a 3.6 per cent improvement over 2005. As well
as exceeding US$1.1bn in sales in 2007, Goss International entered 2008 with an
order backlog in excess of $650m.
The company
attributes the figures t its commitment to innovation. Bob Brown, CEO of Goss
International, says, "In 2007, we demonstrated our sustained focus on the
innovations, resources and project management capabilities necessary to support
21st century production platforms and business development."
All Goss International
manufacturing entities, which are located in America, Asia and Europe, achieved profitability on a net income basis.
Brown is
enthusiastic about the effect of these results, he says, "Our customers are
enhancing the value of print and redefining their printing operations through
their ingenuity."
Highlights of the
year included the first Goss
press systems with four-colour
Automatic Transfer technology and next-generation control automation
went into full production at Cox Target Media in the United States. This transformational technology allows presses to
print continuously, without stopping for job changes. The company also
completed the first installation of its innovative FPS press with heatset and coldset capabilities, at Independent
News and Media in Northern Ireland.
Brown says
operational performance and market success continue to have a positive,
reciprocal impact on Goss International's ability to drive R&D initiatives,
maintain global manufacturing and support capabilities, and create
opportunities for printers and publishers.
Additional highlights
for Goss International in 2007 included shipment of close to 400 Universal and Uniliner printing units from its facility in Nantes, France,
installation of the largest double-width newspaper press ever ordered in China,
at Shenzhen Press Group, and delivery of a 12-tower press ahead of schedule for The New York Times.
A joint venture
operation in China, Shanghai Goss Graphic Systems, set a new record for sales volume in
2007, shipping more than 1,200
Community SSC and Magnum
press units to 28 countries. Annual revenues for the joint venture have nearly
tripled since 2000.
The Goss M-600 remains the worldwide
leader among 16-page web presses in 2007, with systems shipped to 18 countries.
A new M600 Folia press
configuration, designed as an alternative to sheetfed perfecting presses, is
under development, to be demonstrated at the drupa 2008 tradeshow.
The company also
continued to expand its gapless-blanket
Sunday press platform, announcing the world's first 96-page web press
with a width of 2860mm. Grafiche Mazzucchelli will be the first to install the Sunday 5000 system in Italy in 2008.
Increases in sales
volumes for Goss print
finishing systems were boosted primarily by demand for Magnapak newspaper packaging systems and Pacesetter 2200 and
2500 saddlestitchers. Customers ordered 14 new Pacesetter systems in 2007, and an ability to accommodate full
A4-size products is expected to expand market opportunities for the product
worldwide.
Goss
International, headquartered in the United States, with approximately 4,000 employees, has major
development and manufacturing facilities in England, France, Japan, The Netherlands and the United States and a joint venture operation in China.
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