Print & Visual Communication Association president Walter Kuhn says the association supports initiatives that make the industry stronger and as such is unable to condone the latest actions of troubled heatset web printer Ovato.
The fallout from the recent NSW Supreme Court approval of Ovato’s elaborate restructuring and recapitalisation plan is continuing.
Kuhn, speaking on behalf of the PVCA, aired his concerns recently in The Australian and has also questioned whether the deal that Ovato has put together would have been possible by a small to medium operator.
“The Association supports anything that makes the industry better,” Kuhn told Sprinter.
“Does this make the industry better for smaller operators, mum and dad operators, or does it only make it better for the bigger guys?
“As an Association, we are there to represent all members equally so something that is going to impact negatively on the industry, the association will not back it.”
Ovato managing director Kevin Slaven has responded to the PVCA’s concerns by saying the alternative would have been complete closure of the business, which would have meant the loss of 1200 jobs and a negative knock on effect downstream.
“I totally disagree with that. The work Ovato was doing would have gone to other producers within the industry. There are a number of other web printers and high volume large capacity offset printers throughout Australia, it would have gone to those companies,” Kuhn said.
“Market forces would determine where that work would go to as there are a number of other suppliers in that sector.”
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