Published June 8, 2010
Unless they burn to the ground, mangle a worker in a press, or employ someone who gets busted for embezzlement, printing companies don’t attract much attention in the mainstream media. It’s rare that hometown newspapers portray them simply for what they are—local businesses striving to protect jobs and profits from all of the forces that seem to be conspiring against jobs and profits in the printing industry these days. A praiseworthy exception is this profile of Missouri printer Kelly Press in the Columbia Daily Tribune.
Published June 7, 2010
Everything in life is a work in progress, including the reformation of labor practices at expo centers. Legislation overhauling work rules at McCormick Place is sweeping, but don’t expect implementation all at once.
Bernanke Asks Lenders to Provide More $$ for Small-Business Borrowers; BOA Delivers on Pledge to Do So
Published June 4, 2010
Ben S. Bernanke, chairman of the Federal Reserve System, isn’t happy with the present pace of lending to America’s small businesses. He said so yesterday in remarks at a meeting on small business issues at the Chicago Fed’s branch in Detroit.
Published June 1, 2010
Michael R. Cunningham and Florence Jackson have joined the long list of those recognized for exceptional service to education with one of the industry’s most prestigious honors. At a ceremony in New York City last week, Cunningham and Jackson became the 112th and 113th recipients of the Gamma Gold Key award, a tribute bestowed annually to industry notables since 1956.
Published May 28, 2010
Reform at McCormick Place is now mandated by law. Yesterday, Illinois legislators overrode an amendatory veto by Governor Pat Quinn to pass a bill that will bring major changes to the management of the exposition center—changes that the Graphic Arts Show Company (GASC) and other trade show producers had demanded in return for keeping their events in Chicago.
Published May 28, 2010
Press coverage of the Civil War in periodicals such as Harper’s Weekly was extensive and is well remembered today. Less widely known is the printing that came straight from the battlefield out of small-format, print-on-demand equipment that’s recognizable as the ancestry of modern solutions for short-run production.
Published May 26, 2010
“I sold a used punching machine to a customer of mine, or did I? We agreed on a price of $45,000 for a used Lhermite EX-380 with a few dies, some modifications, and installation. My customer sent off his first and last payment to the leasing company. The leasing company sent me forms to fill out, which I dutifully did. My customer’s lease was turned down, not because he didn’t have the credit but because it was a used machine."
Published May 24, 2010
City Tech ADGA faculty members Roy Nelson (left) and Steve Caputo (dark suit) with students Vanessa Kwan, Juan Moreno, Taka Nishimura, Darren Fuller, Ruben Borges, and Diana Sanchez at their new POLAR 115 X cutter. Though it’s often taken for granted, paper cutting is a crucial step in the successful production of nearly every printed job. To teach this essential skill, schools with graphics programs need up-to-date cutting equipment—such as the POLAR 115 X cutter that New York City College of Technology (City Tech) recently purchased from Heidelberg.
Published May 21, 2010
When selling out is the best exit strategy for your print company, there’s careful planning that needs to happen from the moment you make your decision. Patrick is joined by Tom Williams and Jim Russell of New Direction Partners, to review the long range preparation that will put you in the best position to make the sale.
Published May 18, 2010
Congratulations to the young publishing team at Toronto’s Ryerson University for winning the Helmut Kipphan Student Publication Cup in a competition sponsored by the Technical Association of the Graphic Arts (TAGA). This yearly honor salutes the best student-produced journal on research and technology for the graphic arts.
Published May 17, 2010
News media in Chicago are reporting that all is not smooth sailing for the enactment of legislation that would overhaul rules for exhibitors at McCormick Place. The Chicago Tribune, ABC News, and CBS News now say that Illinois Governor Pat Quinn will not necessarily sign the bill, at least not in its present form.
Published May 14, 2010
The best news that the Graphic Arts Show Company (GASC) has heard in a long time is that cost-saving reforms finally are coming to McCormick Place, the Chicago home of the Graph Expo and Print events. And while these much-needed changes can't guarantee a successful show by themselves, they should go a long way toward easing exhibitors' concerns about the high costs and logistical headaches of taking part in what continue to be the industry's leading trade expositions.
Published May 13, 2010
Five printing firms are among the 100 fastest-growing inner-city companies in the U.S. as recognized by Bloomberg BusinessWeek and the Initiative for a Competitive Inner City (ICIC). They include, above, Hotcards, led by founder and CEO Columbus Woodruff (center); and, below, Panther Graphics, owned by Tony Jackson, CEO.
Bill Mandating Changes at McCormick Place Should Mean Cost Reductions for Exhibitors at Graph Expo 2010
Published May 10, 2010
Legislation overhauling the management, work rules, and cost structures at Chicago’s McCormick Place convention center promises a new deal for Graph Expo 2010 and other trade shows whose owners lobbied for changes there.
Published May 10, 2010
For printers, the most iconic exemplar of ink on paper is the $100 bill, the piece of folding money that bears the portrait of their patron saint. The scientist in Benjamin Franklin surely would have appreciated all of the technology that’s been embedded in the latest version of the C-note, unveiled by the U.S. Treasury Department last month.
Published May 6, 2010
Intuit, the maker of QuickBooks, sold more than $3 billion worth of financial management and accounting software, do-it-yourself web sites, and other products and services to small firms in its 2009 fiscal year. That broad customer base is a natural source of data about trends at the small-business end of the economic spectrum—an opportunity that Intuit has seized with the launch of its Small Business Employment Index.
Published April 28, 2010
The harsh glare of negative publicity apparently isn’t going to keep Goldman Sachs from going through with a $500 million plan to aid America’s small businesses. Announced last November, Goldman’s “10,000 Small Business Initiative” will invest $200 million in education and $300 million in developmental funding for qualifying firms. On Monday, according to a reporter for Aol Small Business, an unnamed Goldman executive confirmed that the plan was still in progress and that first steps were under way. The New York Daily News reported last week that La Guardia Community College in Long Island City would be the first community college to spearhead the educational portion of the program.
Published April 26, 2010
Moderator: Welcome to Obsolete Anonymous! I've gathered you all here to welcome our latest member, the Print Industry. Print Industry: Hello, everyone. But there's been a mistake. I don't belong here. (chuckles all around) Print Industry: I'm serious. I'm not obsolete. I'm relevant. Print books have been around for hundreds of years. They're never going to be replaced.
Published April 21, 2010
Published April 19, 2010
Tactile gratification—the high-touch experience of turning covers and pages—is said to be one of print’s most enduring appeals. But, the pleasure isn’t universally shared. “For those with chemical intolerances and other illnesses that result in serious health symptoms when exposed to printing inks and papers, it can be difficult to read books, magazines, personal mail...
Published April 18, 2010
In the press assembly area of the HP Indigo plant in Kiryat Gat, Israel. HP partially raised the curtain on its presence at Ipex with the “Commercial VIP event” that it hosted last week at the headquarters of its Indigo digital press division in Rehovot, Israel. An international group of customers, print industry journalists, and analysts attended, taking part in briefings, Indigo manufacturing plant tours, and visits to Israeli end-user sites.
Published April 14, 2010
Like a weak hand at the card table, a weak offering in the M&A market won’t be improved by the length of time it’s in play. Unlike a poker hand, it can’t be bluffed because the “cards”—the fundamentals of the business—are always in plain sight of the buyer and its due diligence.
Coalition of NYS Businesses, Assns, and Labor Unite to Oppose Sales Tax Increase on Promotional Print
Published April 8, 2010
New York’s marketing and printing industries have joined together with letter carriers and business advocates to oppose a recently released Assembly budget proposal that would impose a new sales tax (on average 8% statewide) on promotional and marketing materials sent by New York businesses to both out-of-state and in-state customers.
Published April 6, 2010
Like their counterparts in New York, printers in Pennsylvania will have to start collecting sales tax on direct mail advertising if their current exemption from the levy is eliminated from the state’s next budget. The Graphic Arts Association (GAA) is alerting its members to the potential loss of the exemption, which would apply the state’s 6% sales tax (7% in Philadelphia and Pittsburgh) to the printing of direct mail, catalogs, and other mailed matter containing advertising.
Published April 5, 2010
Two Waltham, MA, printers speak of their struggles with rising health care costs in a video promoting the reelection of Governor Deval Patrick. Seen in this clip are Mayda Chaprazian, president of Arvest Press, and Shishir Mehta, who owns Fastsigns.