Displaying 301-400 of 768 articles
Published January 17, 2014
Kodak’s renewed self-confidence as a B2B company focused on imaging for business was on full display as the company grandly relisted its common stock at the New York Stock Exchange (NYSE) on January 8.
Published November 25, 2013
Pinpointing the characteristics that make some printing companies more economically attractive than others is the short version of the mission of New Direction Partners (NDP), a consultancy specializing in mergers and acquisitions in the graphic communications industry. Some of these earmarks are classic indicators of the health of a business: cash flow, accounts receivable, EBITDA, and so on. Others, however, stem from emerging trends that NDP monitors as M&A influencers for the industry as a whole.
Published November 11, 2013
When Walter Payne entered the printing business from another career, he knew he’d want to do more than printing. Today, his company is so multi-functional that Kodak is using part of the plant as a demo facility for some of its most advanced digital production technologies.
Published October 28, 2013
Dainippon Screen wants to be a major part of the conversation about the rise of inkjet and the fall of old assumptions about print production. But, as inkjet comes to the fore, the conversation could get uncomfortably blunt for some.
Published September 19, 2013
Print has abundant possibilities as a creative medium—an attribute that deserves more attention from creatives than it sometimes gets.
Published September 13, 2013
You’ve placed your company's future into the hands of a self-styled M&A adviser. But do you truly understand what your agent’s qualifications are and where the relationship is going to take you?
Published September 10, 2013
Ah, the travails of traditional media. Who among us hasn’t stifled a groan, or at least a yawn, upon being reminded by the digerati that the path ahead for print leads nowhere else but down?
Published September 9, 2013
The centerpiece of digital production at AGS Print & Marketing Communications is an inkjet web press with a combination of capabilities that the president of the company calls “marketing’s Holy Grail” for print.
Published September 6, 2013
On Kodak’s first full day in business after emerging from bankruptcy, Antonio Perez, its chairman and CEO, detailed the company’s plans to rebuild its stature as a supplier of technology solutions in a narrower cross-section of markets than it once served.
Published August 5, 2013
Printers are self-reliant by nature. But, the pitfalls of selling a company or buying one without expert assistance should make even the most rugged individualist think twice.
Published July 22, 2013
Today, for many printers, “growth” means “growth by acquisition.” In strategizing a deal to buy another company, purchase price is not the first thing to focus on.
Published July 19, 2013
At R.E. Gilmore Corporation, the Xerox CiPress will hit the ground running in an environment where high-volume digital printing is both a specialty and an everyday routine.
Published June 19, 2013
Heidelberg won’t be at Print 13, but the company says it has other means of telling its story and exhibiting its wares. This interview casts light on Heidelberg’s new marketing strategy.
Published June 7, 2013
Everyone with a printing company to sell dreams of making a deal with full payment in cash at closing. That’s an achievable outcome for some sellers, but not for others. Two case studies provide a helpful dose of realism.
Published May 6, 2013
The profitability gap between the best-performing and the weakest printing firms is wider than ever. It reflects the difference between the “haves”—firms with effective strategies for competitive differentiation—and the “have nots,” which lack them.
Published April 29, 2013
Although it may be difficult for traditionalists to imagine, “printing” can be done in more dimensions than two. The Inside Printing 3D Conference and Expo made clear why this high-touch manufacturing process is gaining increased attention both as an emerging technology and as an investment opportunity.
Published April 12, 2013
Andy Rae, SVP of Equipment at Heidelberg, talks to Pat Henry about adding a new dimension of consultative selling and how they are helping customers improve throughput and workflow processes.
Published April 1, 2013
In one of his first official acts since his election as pontiff, Pope Francis has unveiled a radically new strategy for proselytizing to the world: he’ll carry on the work of St. Peter through an international network of printing companies he intends the Church to acquire.
Published March 26, 2013
Although the ink is barely dry on the deal that has made Impika a unit of Xerox, the acquirer believes that bringing its target into the fold will give it the major-player status in inkjet that it has been seeking.
Published March 22, 2013
Regional printing trade shows mostly are things of the past - vendors can’t justify the expense of exhibiting at these local affairs, and printers can’t find the time to attend them. All of the above may be true, but in spite of that, members of the industry still find value in the knowledge-sharing camaraderie that only face-to-face encounters can provide.
Published March 20, 2013
Kodak has had some serious losses to report lately. But, the company insists that other numbers make more sense to focus on as it drives ahead with its plan to emerge from bankruptcy.
Published March 7, 2013
If silence is golden in most of the affairs of life, in M&A transactions, it’s pure platinum. Nothing assures a better outcome for a deal—or yields a worse one if it’s violated—than maintaining a policy of tight information control while negotiations are under way.
Published February 22, 2013
Rumors were circulating earlier this week about the reported closure of Ferrostaal Equipment Solutions North America Inc., but the facts don’t bear them out. WhatTheyThink has learned that the Houston, TX based print equipment and services provider remains in operation, albeit with a new president, a smaller staff, and a reduced portfolio.
Published February 15, 2013
Sometimes, sheer embarrassment can kill a merger—the shock of suddenly having to account for issues that ought to have been dealt with earlier in the process. Privately held printing companies can be prone to the kinds of errors that embarrass sellers and thwart M&As.
Published February 11, 2013
Many in the industry are still speculating about where B2-format digital presses fit into the scope of commercial print production. Sandy Alexander is weighing the merits of B2 digital printing for itself by beta-testing one of the most advanced examples of the technology.
Published February 7, 2013
No trade show has taken more lumps lately than Ipex, the quadrennial print and graphic media expo in the UK. But its owner has declared that when Ipex opens for a six-day run in London on March 24, 2014, it will be a new show with a sharper focus and greater value for exhibitors and attendees alike.
Published January 28, 2013
Don’t look for exhibits by Eastman Kodak Co. at Print 13 in Chicago this year, at IPEX 14 in the U.K next year, or at most other graphic communications trade shows after that. In a statement published last Friday, the company announced it would significantly reduce its participation in conventional trade shows and turn to other means of engaging with its customers.
Published January 18, 2013
WhatTheyThink recently visited two German printing houses that provide an aspirational lesson for printers everywhere who want to know how far investments in production technologies can take growth-minded companies.
Published January 15, 2013
Still #1 in sheetfed, Heidelberger Druckmaschinen AG nevertheless is adjusting to a new place in an industry over which it used to loom larger. Its leaders outlined the company’s go-forward strategy in a year-end media briefing that hinted at significant change to come.
Published January 14, 2013
In real estate, they say, it’s all about location, location, location. In business consulting, the triple crown is perspective, perspective, perspective. The most recent addition to the consulting team at New Direction Partners brings a long and multi-angled view of the printing industry to his new role as an architect of mergers and acquisitions within it.
Published November 26, 2012
As it has at previous stages of its effort to put its troubles behind it, Kodak has reached out to the trade media with another update on the progress it claims to be making toward orderly emergence from bankruptcy. We spoke recently with Chris Payne, Kodak’s vice president - marketing, business to business, about the latest developments and about Kodak’s long-term plan to renew itself as a provider of graphic production technologies.
Published November 6, 2012
Frank Steenburgh says one thing his long experience as a business-builder has taught him is that growing revenues and profit will always be more fun and rewarding than cutting costs. Read why.
Published November 2, 2012
No small part of the $50 billion economic loss being attributed to storm Sandy will come from business interruptions suffered by printing firms throughout the tristate metro region. Wherever the damage was worst, the toll taken on these highly vulnerable manufacturing operations was highest. Many remain out of commission, their electrical power gone, their communications severed, their work piling up, and their employees stranded at home with gas gauges pointing at empty.
Published October 30, 2012
AlphaGraphics franchise owners came en masse to Graph Expo 2012, where Art Coley, the president of the network, briefed WhatTheyThink on steps taken to revitalize the business centers and the company as whole.
Published October 23, 2012
At Graph Expo, both presented status reports: Kodak, on continuing to manage its emergence from bankruptcy; Xerox, on maintaining its commitment to graphics as the company shifts increasingly towards services.
Published October 22, 2012
For printers seeking to acquire another company or to be acquired by one, the options are straightforward. Where does your business fit in the M&A planning matrix?
Published October 16, 2012
Tom Parrot, President of Excell Color Graphics talks to Pat Henry about the origins of the company that started as a prepress shop, the evolution of the business, and the value in coming to Graph Expo.
Published October 15, 2012
Patrick Henry talks with Paul Mongoven, President of TPM Graphics, about their business and why they are thriving during tough times for the industry. Paul also talks about the importance of attending Graph Expo and what he gets from it.
Published October 12, 2012
Patrick Henry speaks with Heidelberg Senior Vice President Uli Koehler about their service organization, how they use it to support their customers, as well as details on how the market changes have impacted service operations.
Published October 11, 2012
Nobody else could have made as persuasive a case for an as-yet unproven technology as Benny Landa did at Graph Expo when he captivated a crowd with his vision of nanographic printing.
Published October 10, 2012
Kodak President of Graphics, Entertainment, and Commercial Film talks to Pat Henry about his relatively new division and gets his impressions of Graph Expo 2012.
Published October 10, 2012
If you listen closely, you can hear the new, quieter sound of Graph Expo. It's easier on the ears, and it makes for a much improved trade show experience.
Published September 27, 2012
Pat Henry interviews HP's Worldwide Marketing & Strategy VP for Graphic Solutions Business Sumeer Chandra, who talks about the reorganization of the graphics business and the strategy moving forward. Sumeer also gives a good overview of the Atlanta Experience Center.
Published September 18, 2012
Given present trends, the industry could be dominated by a relative handful of firms in a few years. Some companies can grow profitably into this new landscape. Others can make a safe exit before it fully unfolds. Each outcome demands a strategy-now.
Published August 24, 2012
Recent news from HP has been turbulent, raising questions about the status of the company’s graphics business. Some light was shed last week at a customer event at HP’s Graphic Arts Experience Center.
Published August 14, 2012
A pent-up eagerness for deals makes it all the more important for those venturing back into the M&A marketplace as sellers to be clear about why they should sell—and why buyers should want to acquire them.
Published July 30, 2012
It may be possible to run a printing company without a formal plan, but buying or selling a printing company will be very difficult to bring off successfully without the help of a written roadmap. An acquisition plan is a vital navigation aid that guides the process and certifies the desirability of the deal.
Published July 3, 2012
With its microprocessors, relays, sensors, and software, a modern printing press is a marvel at squeezing time and cost out of production runs. But, one maker of press cleaning accessories contends that these complex systems can still get a big helping hand in a key press function from a simple but strategically placed strip of durable plastic.
Published July 3, 2012
Published June 28, 2012
The graphic communications industry continues to struggle with declining sales, squeezed profit margins, restricted access to capital, and business pressures of every imaginable kind. But, none of that has dampened the enthusiasm of those who support the Prism Awards, a high-profile achievement recognition program that rings with optimism every year under the auspices of New York University’s School of Continuing and Professional Studies (SCPS).
Published June 12, 2012
Some think that general commercial printing companies aren’t worthy targets for acquisition by other printing firms. That’s a major misperception, say the M&A experts of NDP.
Published June 8, 2012
This time, instead of a long-form review of product announcements at drupa 2012, here are the highlights in a format that many of us are getting accustomed to: Tweetable bursts of 140 characters or less.
Published May 21, 2012
“We need to be in the outcome business, not the output business,” said a printing executive at drupa. “They trust you,” said a senior spokesman for a vendor about the underlying strength of printer-customer relationships. Both presentations were rich in insights about the state of print markets and the prospects that printers will discover in them.
Published May 15, 2012
Inking the merger of two printing companies is the formality that signals the beginning of the hard part: implementation. Methodical planning and careful communication can go a long way toward smoothing the transition.
Published May 14, 2012
As would be expected during an event of this kind, most of the media briefings at drupa were focused on product announcements and technology introductions. From time to time, though, speakers put the salesmanship aside and offered broader commentary on industry trends and print market conditions.
Published May 9, 2012
It's better to label drupa 2012 “the _______ drupa” with the prefix of your choice, so try dipping into the Xerox “drupa visualizer.” This live infographic lets Xerox track and share the top trends being discussed in relation to drupa across the Twitterverse.
Published May 8, 2012
What were the principal take-aways from drupa 2012? What was new and exciting in the exhibit halls? Where is the industry headed? We’re sifting our notebooks for the answers. In the meantime, here are some broad observations about the character and “feel” of the show.
Published May 8, 2012
Bernhard Schreier, CEO of Heidelberg and President of drupa 2012 answers Pat Henry's questions about the concepts and planning of this mammoth show in Düsseldorf, Germany.
Published May 8, 2012
Regular readers of WhatTheyThink need no reminder of who Andy Tribute is or of how much value he has added to the WhatTheyThink editorial space. Admirers of his writing probably will not be surprised to learn that his peers hold him in as much personal affection as they do in professional esteem.
Published May 2, 2012
Much of the activity at KBA’s stand in Hall 16 at drupa will center upon packaging, an application in which the company has always claimed a competitive edge. At drupa, KBA will reassert the claim with systems it describes as engineered to meet today’s highest-priority requirements in packaging production.
Published April 26, 2012
KBA’s venture into digital printing with its new RotaJET 76 inkjet web press has origins in a market that the company knows well: high-volume offset web production.
Published April 23, 2012
When Xerox exhibits at drupa, its presence won’t be limited to stand A62 in hall 8b. Throughout the show, the company intends to maintain an equally high profile in the realm of social media as it attempts to viralize not just its own drupa experience but the pulse and the intelligence of the event as a whole.
Published April 16, 2012
Every four years, the international printing community gathers at drupa and asks itself a question: How are we doing? The Koenig & Bauer Group (KBA) believes that if every vendor’s experience over the last few years had been as positive as its own, the collective answer would have to be: Never better.
Published April 16, 2012
It would be impossible to speak for very long about the evolution of digital printing without bringing Frank Steenburgh’s name into the conversation.
Published March 19, 2012
Pat Henry interviews Helmut J. (John) Dangelmaier about PrintCity's initiatives for drupa.
Published March 12, 2012
Pat Henry sits down with Roland Stasiczek, Director of Marketing, Continuous Feed Printers, Océ Printing Systems to discuss the Océ briefing presented in Munich.
Published March 12, 2012
Ever since he founded Geographics in 1976, Norvin Hagan hasn’t tried to purchase another company—until now. Read why he’s ready to complement organic growth with the kind that comes from a well planned and executed acquisition.
Published March 5, 2012
Pat Henry, at the recent Print City Alliance pre-drupa event in Munich, grabs Executive Vice President of Sales & Service Peter Kuisle and asks him to recap the manroland web systems announcement.
Published February 28, 2012
By exhibiting as a group at drupa 2012, the members of the PrintCity Alliance hope to present a continuum of solutions that visitors will find well adapted to the new realities of the print marketplace. Previews of some of their show offerings are here.
Published February 21, 2012
At drupa 2012, the PrintCity Alliance will emphasize and promote the future of print from its usual location on the Messe Düsseldorf fairgrounds. Last week, some of its members gave a preview of what awaits visitors to Hall 6.
Published February 6, 2012
No matter what is happening to other print industry metrics, M&As are trending up. This can be to the advantage of many printing companies seeking growth or a path to staying in operation.
Published January 30, 2012
There’s a notable gap between consumers’ understanding of QR codes and their willingness to use them. A company called SpyderLynk has a solution aimed at helping image-based mobile marketing to fulfill the potential that has eluded QR codes.
Published January 20, 2012
Kodak will continue to advance its graphic communications business as it tries to emerge from bankruptcy, treating its digital printing, plate, and workflow operations as keys to survival and future success.
Published January 16, 2012
Technical innovation and customer care are the main ingredients in the recipe for growth at Cathedral Corporation, which now aims to accelerate its expansion with the well-planned acquisition of another printing firm. President and CEO Marianne Gaige describes her objectives in this interview.
Published December 9, 2011
Patrick Henry and President of Heidelberg Harald Weimer discuss his background with the company and his recent appointment as incoming president of Heidelberg.
Published October 24, 2011
Even experienced fishermen know that there are times when they shouldn’t cast a fly without the help of a fishing guide. A guide knows where the best fishing holes are and how to land the prize fish in them. It’s much the same with mergers and acquisitions in the printing industry. The best catches are made when the principals rely on the skills of deal-savvy M&A advisors.
Published October 21, 2011
The commercial dispute between Kodak and Collins Ink Corporation has escalated into a legal wrangle with Kodak’s filing of a lawsuit that charges the inkjet ink manufacturer with breach of contract.
Published October 14, 2011
With each vowing that customers won’t be harmed as a result of their estrangement, Kodak and Collins Ink Corporation have come to the abrupt end of a 10-year deal whereby the latter supplied the former with inkjet inks for Versamark digital presses.
Published October 10, 2011
As everyone knows, the recession has made business financing hard to come by. In this two-part “Cup O Joe,” lenders to the printing industry report that loan products are available and discuss how printers can obtain them.
Published September 30, 2011
This week, Amazon unveiled four aggressively priced content delivery devices: one, a multimedia tablet aimed squarely at Apple's market-dominating iPad; the other three, the latest iterations of Amazon's popular Kindle e-reader.
Published September 28, 2011
Whatever may be happening to the demand for print, Graph Expo 2011 made one thing abundantly clear: never before have printers had as many options as they now possess for adding beauty, charisma, and value to a piece of paper.
Published September 23, 2011
Whatever may be happening to the demand for print, Graph Expo 2011 made one thing abundantly clear: never before have printers had as many options as they now possess for adding beauty, charisma, and value to a piece of paper.
Published September 13, 2011
"Convergence" in the graphic communications industry can mean many things, but at Graph Expo, it describes what happens when vendors pool their R&D resources to create production solutions more formidable than anything they could have devised by themselves.
Published September 12, 2011
Opening-day remarks at Graph Expo by Bernhard Schreier captured the tone of the event and offered a restrained but still optimistic outlook for global print markets.
Published August 22, 2011
As everyone knows, the recession has made business financing hard to come by. In this two-part "Cup O Joe," lenders to the printing industry report that loan products are available and discuss how printers can obtain them.
Published August 11, 2011
Kodak's NexPress SX digital color production platform is a reminder that while inkjet systems have tended to snare most of the attention from the graphic arts trade media of late, there’s still plenty of technical innovation to write about on the toner-based side as well.
Published August 9, 2011
The new Espresso Book Machine (EBM) at McNally Jackson Books is an experiment in non-traditional publishing that just might represent the start of a new paradigm for bringing books to market, one independent bookseller and one print-on-demand title at a time.
Published July 29, 2011
PrintCity Alliance is running an online survey that invites print fans to count (and measure) the ways they love the medium and its role in the graphic communications mix.
Published July 22, 2011
Have you heard about Fiverr, “The place for people to share things they’re willing to do for $5”? If you’ve ever wondered what the five-dollar phrase “digital disintermediation” really means, Fiverr is a cyber bazaar full of answers.
Published July 19, 2011
Some M&A transactions in the printing industry fall apart before they reach the signing stage. Other deals, however, come undone after the ink is dry, and often for reasons that should have been obvious all along. New Direction Partners looks at how to stay out of the latter trap.
Published July 13, 2011
The recent Independence Day holiday weekend passed largely without notice of the 125th anniversary of the introduction of the Linotype Type Casting Machine on July 3, 1886. But awareness of this amazing device could rise with the upcoming release of Linotype: the Film.
Published July 6, 2011
On June 30, Mercury Print Productions cut the red ribbon on a Kodak PROSPER 5000XL digital color inkjet press that had already printed in excess of 20 million impressions and was said to be well on its way to producing many millions more.
Published June 24, 2011
Twenty-nine students have received a total of $40,000 in grants from the Graphic Communications Scholarship Award and Career Advancement Foundation, an organization that has disbursed nearly $300,000 for graphics education since 2002.
Published June 21, 2011
The New York University (NYU) Prism Award Luncheon celebrated its 25th anniversary today by conferring the honor for which it is named upon Thomas J. Quinlan III, president and CEO of R.R. Donnelley and Sons Company. Also honored was Joseph P. Truncale, president and CEO of the National Association for Printing Leadership (NAPL), who was named the recipient of the 2011 Alumni Award.
Published June 21, 2011
M&A transactions sometimes fall through. Poor judgment, misinformation, adverse business developments, and personal antagonisms can drive principals apart despite the mutual advantages of deals that should bring them together. This two-part article examines how and why they fail.
Published June 16, 2011
“My middle name is Franklin, so I had to become a printer.” And so Dave Moody did, honoring a family heritage and perpetuating the traditional arts of printing on vintage but very busy letterpress equipment.
Published June 10, 2011
Canon brought its “Success with Print” educational series to New York City on June 7. The session was one stop on a 15-city tour aimed at helping printers locate new growth and profitability in a market where these opportunities are becoming increasingly hard to find.
Published June 4, 2011
On June 2 in New York City, Bob Sacks, a.k.a. “BoSacks,” became the 114th recipient of the Gamma Gold Key Award. Also honored for exceptional support of education were Annette Wolf Bensen and Heidelberg USA.
Published June 1, 2011
Supporters of New York City’s historic Bowne & Co. Stationers are rallying to save it, but against what appear to be very long odds. Its parent organization has closed the storefront at 211 Water Street, stunning fans of the printing office and its extensive collections of antique types, type specimen books, and equipment.
Published May 11, 2011
Yesterday, I had the opportunity to brief a group of visiting Chinese publishers and printers on the state of the industry as experienced by their counterparts in the U.S. Our discussion highlighted the similarities that link China’s and America’s publishing sectors amidst profound market shifts in both countries. It also illuminated a few notable differences that distinguish our industry’s attitude toward change from theirs.
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