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Hewlett-Packard Co. Chief Executive Meg Whitman pledged to spend her first year rebuilding the technology company's depleted balance sheet.
To help speed growth and repair its balance sheet, Ms. Whitman is betting big on 72-foot-long digital printing presses, called Web presses, that cost $1 million to $2 million each. The digital presses—targeted at commercial printers that churn out books, direct mail and catalogs—are aimed at replacing the manual offset presses that many printing shops have long used.