Browsing: Blue Star

Debt-laden printer accentuates the positive with new MPA partnership

The double whammee of the recession and the digital revolution means it’s been a pretty tough time in the print industry of late. Geon was bailed out by its bankers not long ago, Benefitz has shifted its focus away from the dwindling offset printing market and the troubled Blue Star Group recently agreed upon a capital restructuring in an effort to trade its way out of $300 million worth of trouble. But Webstar, the specialist web printing division of Blue Star Group New Zealand—and the latest entrant to the local magazine printing sector—is still optimistic and has signed up as a strategic business partner of the Magazine Publishers Association (MPA).