Patrick Henry, Executive Editor for WhatTheyThink.com is also the director of Liberty or Death Communications, a consultancy specializing in research, education, promotional, and editorial support services for the printing and publishing industries.
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Agence France-Press (AFP), the international news agency, has syndicated a timely article about printers in Iraq. There are about 500 of them, and they are enjoying, according to the story, a boom in business connected with their country’s upcoming parliamentary elections on Sunday (March 7).
Can a start-up digital printing business reach $1 million in sales within 12 months at a profit margin of 30%?
Partners Bob Lambie, Andrew Simmons, and Ken Williams will know the answer at the end of the year, and so will everyone else who follows their progress in an ongoing online chronicle that they call the Social Print Experiment.
We received the following in response to a recent article at Printing Industry Merger And Acquisitions, a special section of WhatTheyThink that tracks and analyzes M&A activity in the industry. The article profiled the recent launch of MSP Digital Marketing, a venture that will invest in building a network of specialty printers and other digital services for marketing communications.
In Dubuque, IA, the owner of a screen-printing sportswear business is assisting Haitian disaster relief with the T-shirt pictured above.
Tom Rauen, who started Envision Sports Designs in Dubuque four years ago, is selling the shirts for $10 and will donate 100% of the proceeds to the American Red Cross.
There was a time when, if you gave your sweetheart a present of chocolates for St. Valentine’s Day, chances were good that Jesse Salwen made the heart-shaped box you gave them in.
His business, A. Klein & Co., ceased operation more than a year ago, but Salwen continues to touch real hearts with the shimmery, satiny, and velvety raw materials that he used to turn into millions of cordiform candy boxes per year.
When four print industry veterans decided to form a national network of digital services for marketing communications, they knew they would need the help of an M&A expert. Realizing that the digital universe is huge, they understood that locating the right acquisition targets within it was a task they could entrust only to an advisor possessing "industry knowledge, financial acumen, and a great database." Read how MSP Digital Marketing, with the help of New Direction Partners, took a successful first toward building its network with the well-executed acquisition of TecDoc Digital Solutions.
Roy Grossman and Jonathan Fogel of MSP Digital LLC talk about the formation of the company and their other partners and discuss their recent acquisition of TecDoc. They also discuss why they are launching a venture in this economy and how they see opportunity in the changes that are taking place in the industry.
As it did to every other print equipment manufacturer, 2009 brought a host of challenges to Koenig & Bauer AG (KBA). Declining orders, a change of leadership at the top, job cuts further down the structure, and uncertainty about the future cost this global distributor of sheetfed and web offset presses some momentum.
There’s strength in numbers, goes the old adage, but there’s also strength in the power of one—a cumulative strength that printing companies can achieve by undertaking the kind of merger known as a “tuck-in.”
As it happens, and as reported below, both KBA and AccessGroup fared rather well as exhibitors at Print 09. But, like every other exhibitor, they have no illusions about the fact that because their customers are struggling, they too will continue to struggle against a recession from which printing could be one of the last industrial sectors to emerge. That lingering economic drag was evident throughout the show, even when interest in its many technological advancements was keenest.
"Unscientific" has to be the word for our selection of exhibitors to write about in the aftermath of Print 09. Some are on the follow-up list because of pre-booked editorial appointments; others because of what we heard at media briefings during the show; and, in a couple of cases, because we were buttonholed by pouncing p.r. people as we moved past the booths, never intending to stop. But, at a show like Print 09, any reason for spending time with a vendor usually turns out to be a good one in terms of knowledge gained.
To state the more or less obvious: Print 09 is an offset litho show. The rise of digital presses and a decline in the number of offset presses seen at the last three Graph Expos may have lowered the profile of conventional printing at the Graphic Arts Show Company (GASC) events somewhat, but it’s plain to see that the traditional ink-on-paper process is back in full force this year.
Bernhard Schreier has seen five economic crises since he joined Heidelberger Druckmaschinen AG in 1975, the first of them being the one brought on by the oil embargo that threw businesses around the world into a tailspin. He also recalls the stock market meltdown that the printing industry was only starting to recover from on September 11, 2001, before the awful events of that day threw it and the rest of the U.S. economy back into a state of shock.
WhatTheyThink is the global printing industry's leading independent media organization with both print and digital offerings, including WhatTheyThink.com, PrintingNews.com and WhatTheyThink magazine versioned with a Printing News and Wide-Format & Signage edition. Our mission is to provide cogent news and analysis about trends, technologies, operations, and events in all the markets that comprise today’s printing and sign industries including commercial, in-plant, mailing, finishing, sign, display, textile, industrial, finishing, labels, packaging, marketing technology, software and workflow.