GPOs Q4 work to private sector printers is lower than any other 2010 quarter
Tuesday, January 25, 2011
Press release from the issuing company
Chambersburg, PA – Work from the United States Government Printing Office (GPO) to private sector printers during the fourth quarter of 2010 (4Q10) was the lowest of all four quarters during 2010.
The value of all GPO work awarded during the 4Q10 (October through December) was $66 million compared to $82 million awarded during 3Q10, $90 million awarded during 2Q10 and $73 million awarded during 1Q10. Work done by the top 50 suppliers during 4Q10 was valued at $45 million compared to $50 million awarded during 3Q10, $63 million awarded during 2Q10 and $45 million awarded in 1Q10.
Of the more than 1,302 print suppliers that obtained GPO work during 4Q10, NPC (News Printing Corporation) of Claysburg, Pennsylvania, won the most work with $6,341,567 awarded to the firm. NPC also was the 3Q10 leader with $5,650,511 in GPO work won and 1Q10 leader with $5,395,169 in GPO work. NPC was the top GPO print supplier in 2010, as it was in 2009.
Rounding out the top 10 on the 4Q10 "Top 50 GPO Suppliers List" were (2) SourceLink of Miamisburg, Ohio, (3) Gateway Press of Louisville, Kentucky, (4) Signature Graphics of Portland, Oregon, (5) Monarch Litho, Inc., of Montebello, California, (6) Envision of Wichita, Kansas, (7) Quintessential Color Group, Inc., of Upper Marlboro, Maryland, (8) Gray Graphics of Capitol Heights, Maryland, (9) Printwell Acquisitions, Inc., of Taylor, Michigan, and (10) McDonald & Eudy, Inc., of Temple Hills, Maryland.
"Private sector printers have traditionally had a strong partnership with GPO because the government gets quality work on time at a fair price from them," said Deborah Snider, division president of Government Print Management -- a division of e-LYNXX Corporation. "Even though GPO work to the private sector has been on the decline lately, GPO remains a very attractive market for printers. During tough economic times, printers of all sizes depend on GPO jobs. We are hoping that the trend that we have been seeing will be reversed as the government outsources more of its printing."
GPO is best developed as a dependable secondary market, Snider added. This is done by lowering prices to win GPO work to fill production gaps. Active GPO print suppliers increase their bottom line annual profitability from a national average of less than 3% to more than 14% when they bid low to consistently win work to fill downtime.
Snider said many of the top 50 GPO suppliers are clients of Government Print Management and benefit from the company's government print management expertise, extensive print jobs database and GPO bid services.
To post a comment Log In or Become a Member, doing so is simple and free